BEIJING, Sept 2 (Reuters) - A Chinese solar sector association and the country's industry ministry are proposing reforms to power plant tendering to address plunging equipment prices that have led manufacturers to make losses.
Pent-up demand from what one source calls “all-time high” procurement, with China’s National Energy Administration approving a third batch of Gigawatt-base power projects, means falling prices could find a floor. According to the China Photovoltaic Industry Association, the country is set to install up to 120 GW of solar power in 2023.
According to the China Photovoltaic Industry Association, the country is set to install up to 120 GW of solar power in 2023. But manufacturers should have big module inventories accumulating, noted another source, which if unleashed on the market may suggest more downslides on the horizon.
The group said it convened a meeting on Aug. 29 that brought together state-owned power producers, such as Huadian Group and Datang Group, and some of the world's largest solar panel manufacturers, including Longi Green Energy . The meeting was conducted under the auspices of the Ministry of Industry and Information Technology, it added.
China's solar panel producers have urged government intervention to shore up prices kept low by overcapacity even as China's trading partners have complained about the effects of overproduction on their own domestic industries.
Buyers will wait as long as their project allows them to do so, explained one veteran market observer, adding that he did not expect falling module prices to level off. OPIS expects significant price volatility ahead as buyers and sellers alike adopt a wait-and-see approach to the China module market’s direction.
3 · China Power Construction Corp. (PowerChina) says it has concluded the largest procurement tender in solar industry history, involving 51 GW of PV modules and 51 GW of …
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Chinese PV industry leaders are urging Beijing to implement requirements to help manufacturers operate more sustainably, as solar module prices hit record lows in China''s large-scale PV...
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The solar manufacturing industry will consolidate in 2024, after oversupply and falling material costs drove a downstream price war in the second half of 2023. Smaller, tier-2 …
A Chinese solar sector association and the country''s industry ministry are proposing reforms to power plant tendering to address plunging equipment prices that have …
1 · Tier-1 module companies represented by Trina Solar, JA Solar, Canadian Solar and Jinko Solar are relatively self-disciplined; quotations from these companies are all higher than …
The group said it convened a meeting on Aug. 29 that brought together state-owned power producers, such as Huadian Group and Datang Group, and some of the world''s …
The group will start investigating and publishing solar production costs, and recommended a floor of 0.68 yuan ($0.1) per watt. Trina Solar Co. jumped as much as 11.4% …
The group will start investigating and publishing solar production costs, and …
This tariff reflects ongoing U.S.-China trade tensions and applies to solar panels imported from China. Solar-Powered Generators: HTS Code: 8501.31.81; Tariff Rate: …
A Chinese solar sector association and the country''s industry ministry are proposing reforms to power plant tendering to address plunging equipment prices that have led manufacturers to make ...
China module prices are dropping rapidly, with opening bids for some recent domestic projects all lower than CNY1.5/W, noted multiple sources. Downstream demand is …
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In terms of module bidding, leading brands (Top 4) and emerging brands (Top 5-9) continued to dominate, frequently winning bids. Companies such as JinkoSolar, Yingli, …
3 · China Power Construction Corp. (PowerChina) says it has concluded the largest …
View China''s Price: Photovoltaic Module: 166 Single Crystal from May 2021 to Aug 2024 in the chart: