Price of Chinese module imports to India dropped 8% in Q1 2017

Facebook
Twitter
LinkedIn
Reddit
Email
Credit: Bridge to India has analysed import prices for modules and inverters, as well as costs of utility-scale and rooftop EPC. Alpex Solar

The price of Chinese module imports to India has dropped 8% over the last quarter and 29% year-on-year, according to new price indices calculated by consultancy firm Bridge to India.

The consultancy has analysed import prices for modules and inverters, as well as costs of utility-scale and rooftop EPC, by interviewing up to 10 leading project developers, EPC firms and module suppliers.

This article requires Premium SubscriptionBasic (FREE) Subscription

Try Premium for just $1

  • Full premium access for the first month at only $1
  • Converts to an annual rate after 30 days unless cancelled
  • Cancel anytime during the trial period

Premium Benefits

  • Expert industry analysis and interviews
  • Digital access to PV Tech Power journal
  • Exclusive event discounts

Or get the full Premium subscription right away

Or continue reading this article for free

Modules

Looking specifically at multi-crystalline PV module imports from China for orders of minimum 50MW in size, Bridge to India calculated cost, insurance and freight (CIF) to India, not including any further port or inland transportation costs.

Module prices have been falling steeply due to oversupply combined with quarterly demand fluctuations in China.  

credit: Bridge to India

Inverters

Inverter prices were shown to have fallen 21% year-on-year and 5% over the last quarter, mainly due to increasing competition and new players such as TBEA, Huawei and Sungrow entering the market.

credit: Bridge to India

Utility-scale EPC

For utility scale solar projects of 50MW in size, EPC prices declined 22% year-on-year, and 8% over Q1 2017.

credit: Bridge to India

Rooftop EPC

Meanwhile, for 500kW rooftop solar projects on an industrial pre-fabricated metal structure, EPC prices have declined 21% year-on-year and 6% over the last quarter.

credit: Bridge to India

Bridge to India, associate director, consulting at Bridge to India, wrote a blog on PV Tech today discussing the new tender process paradigm in India following recent record low solar tariffs.

Read Next

September 10, 2025
Indian solar module manufacturer Vikram Solar reported a 79.7% year-on-year increase in revenue for the first quarter of FY26.
September 9, 2025
Australia's National Electricity Market (NEM) broke records yesterday when renewables supplied 76.4% of total electricity demand, with solar power contributing nearly 60% of the record-breaking clean energy mix.
September 8, 2025
Vikram Solar has won a 336MW module supply agreement from L&T Construction for the 2.3GW Khavda solar park in Gujarat. 
September 4, 2025
India’s Goods and Services Tax (GST) Council, the joint forum of the Centre and States, has reduced the GST rate on renewable energy components from 12% to 5%. 
September 4, 2025
Indian solar manufacturer Waaree Energies has acquired a 64% equity stake in power transformer manufacturing company Kotsons.
September 3, 2025
India has added 2.8GW of rooftop solar in H1 2025, a 158% year-on-year surge from just 1.1GW in the same period last year.

Subscribe to Newsletter

Upcoming Events

Solar Media Events
September 16, 2025
Athens, Greece
Solar Media Events
September 30, 2025
Seattle, USA
Solar Media Events
October 1, 2025
London, UK
Solar Media Events
October 2, 2025
London,UK
Solar Media Events
October 7, 2025
Manila, Philippines