PV Price Watch: TCL Zhonghuan slashes silicon wafer prices to as low as US$0.4/piece

By Carrie Xiao

Chinese solar PV components manufacturer TCL Zhonghuan significantly adjusted its prices for monocrystalline silicon wafers on 9 July 2023, following the silicon wafer price reduction from PV conglomerate LONGi.

The prices for p-type 150μm 218.2mm, 210mm, and 182mm wafers are RMB4.07 (US$0.56), RMB3.77, and RMB2.85, which represents a decrease of 29.58%, 29.53%, and 25% respectively compared to 1 June prices of RMB5.78, RMB5.35, and RMB3.80.

This article requires Premium SubscriptionBasic (FREE) Subscription

Unlock unlimited access for 12 whole months of distinctive global analysis

Photovoltaics International is now included.

  • Regular insight and analysis of the industry’s biggest developments
  • In-depth interviews with the industry’s leading figures
  • Unlimited digital access to the PV Tech Power journal catalogue
  • Unlimited digital access to the Photovoltaics International journal catalogue
  • Access to more than 1,000 technical papers
  • Discounts on Solar Media’s portfolio of events, in-person and virtual

Or continue reading this article for free

Prices for p-type are not the only ones that have suffered a drop, as n-type wafers have also seen their price adjusted with n-type 130μm 210mm and 182mm wafers now RMB3.84 and RMB2.90, respectively. Its previous price adjustment, on 1 June, had these at RMB5.45 and RMB3.87, which represents a decrease of 29.54% and 25.06%.
Moreover, the prices for n-type 110μm 210mm and 182mm wafers are RMB3.69 and RMB2.79, respectively, a decrease of 29.45% and 25%, respectively from the previous prices of RMB5.23 and RMB3.72.

According to the prices released by the Silicon Industry Branch on 6 July, n-type mono silicon wafer – 182 mm / 130μm price were between RMB2.8-2.85 yuan/piece, with an average price of RMB2.82/piece, while prices for M10 mono silicon wafer – 182 mm / 150μm oscillated between RMB2.70-2.80/piece, and an average price of RMB2.75/piece, the same as the price recorded by InfoLink for the week beginning on 3 July (as shown on the chart below).

Whereas, G12 mono silicon wafer – 210 mm / 150μm price was between RMB3.72-3.75/piece, and an average price of RMB3.73/piece.

Overall wafer prices have had a downward trend since the Chinese Labor Day holiday when 210mm wafers had an average high of RMB8.2 between March and April before dropping to the current average lows of RMB3.8 recorded by EnergyTrend in the week of 5 July.

Chart: Jonathan Touriño Jacobo / Solar Media.

Recently (on 30 June), LONGi Green Energy updated the prices for its p-type 182mm (M10) mono silicon wafers on its official website.

According to the announcement, the price of “p-type M10 150μm” mono silicon wafer decreased from RMB4.36 to RMB2.93/piece, a nearly 33% decrease of RMB1.43/piece. This year’s peak price was reached in March when LONGi had a price of RMB6.5 which has since decreased once every month (see chart below) to the current low of RMB2.93 announced on 30 June 2023.

Compared to the peak price of RMB7.54/piece in July 2022, LONGi’s mono silicon wafer prices have already dropped by over 60%.

Chart: Jonathan Touriño Jacobo / Solar Media.
27 June 2024
9am BST
FREE WEBINAR -This special webinar will take a deep dive into the latest PV ModuleTech Bankability Ratings pyramid, capturing the relative bankability status of the top 70-80 PV module suppliers globally. In addition to revealing the latest ranking of global PV module suppliers, PV Tech’s Head of Research, Finlay Colville, will show the depth of analysis and commentary included within the report for module suppliers. A key output from the webinar will be to learn which PV module suppliers have moved up the rankings pyramid in recent years and why this growth has been achieved. Conversely, some of the companies that have fallen down the rankings will be discussed, in particular those suffering from market-share losses and financial problems.
26 November 2024
Málaga, Spain
Understanding PV module supply to the European market in 2025. PV ModuleTech Europe 2024 is a two-day conference that tackles these challenges directly, with an agenda that addresses all aspects of module supplier selection; product availability, technology offerings, traceability of supply-chain, factory auditing, module testing and reliability, and company bankability.
11 March 2025
Frankfurt, Germany
The conference will gather the key stakeholders from PV manufacturing, equipment/materials, policy-making and strategy, capital equipment investment and all interested downstream channels and third-party entities. The goal is simple: to map out PV manufacturing out to 2030 and beyond.

Read Next

June 11, 2024
JA Solar tops the list with the score of 82.9 out of 100, followed by Trina Solar (81.7), JinkoSolar (80.8) and Canadian Solar (78.5).
June 7, 2024
Chinese solar manufacturing giant LONGi Green Energy has addressed rumours it is planning to shut down production at its facilities in Southeast Asia in response to US import tariffs coming into force.
June 5, 2024
Leapton Energy has launched a series of tunnel oxide passivated contact (TOPCon) modules with a maximum power conversion efficiency of 22.95%.
June 3, 2024
Polysilicon prices have stabilised but remain low, with average n-type prices dropping further, according to the latest industry data.
June 3, 2024
JinkoSolar has developed a new tunnel oxide passivated contact (TOPCon) perovskite tandem cell, with a power conversion efficiency of 33.24%.
May 30, 2024
Fraunhofer ISE has developed a TOPCon solar cell with a power conversion efficiency of 24%, which is comprised of M10 silicon wafers.

Subscribe to Newsletter

Upcoming Events

Solar Media Events
July 2, 2024
Athens, Greece
Solar Media Events
July 9, 2024
Sands Expo and Convention Centre, Singapore
Solar Media Events
September 24, 2024
Warsaw, Poland
Solar Media Events
September 24, 2024
Singapore, Asia