pricing

As 2022 comes to an end, PV Tech is reviewing the year in solar, reflecting on some of the biggest stories and trends of the last 12 months. Following on from our Q1 review, we take a look at how the industry navigated rising prices and detail some of the major acquisitions.

Following news of lower silicon material prices, silicon wafer giant LONGi Green Energy has announced a small reduction in its wafer prices.

With a growing wait-and-see sentiment emerging in the market, the prices of silicon wafers and silicon material at the upstream end have started showing signs of falling.

Having successfully completed its transition from a solar equipment provider to a heterojunction cell and module manufacturer, Meyer Burger is looking to build on a major supply deal last month as it works to ramp up production capacity in the US.

Solar module prices for international markets are expected to fall in tandem with forecasted polysilicon price reductions as of 2023, according to research from Clean Energy Associates (CEA).

Solar wafer and cell prices have risen once again this week, with the price of polysilicon continuing to climb unabated.

Solar PV costs continued to decline globally in 2021 as supply chain challenges and rising commodity prices have yet to show their full impact on project costs.

Solar polysilicon prices jumped by a further 4% this week, fuelling industry assessments that prices will soon jump above the RMB300/kg (US$44.74/kg) barrier.

Polysilicon prices have continued to climb in China amid limited supply as manufacturers are hit by power rationing.

Polysilicon prices will likely continue rising throughout 2022 and only soften towards the very end of the year, driven by unfaltering demand and panic buying.