Silicon solar cell price changes

How much does a solar module cost?

With a specific silicon consumption of 14 grams per watt (g/W) and a spot price of $28/kg, polysilicon made up costs of $0.39/W or 12.6% of the average wholesale solar module price ($3.10/W) in 2003. Due to the strong demand and the higher polysilicon costs, the average module price increased to $3.35/W in 2004.

Will the Topcon solar cell market grow in a decade?

The ITRPV predictions for the TOPCon solar cell market closely match the estimated actual market shares for the technology so far. This suggests that the rapid growth in TOPCon market share might be maintained, potentially approaching 60% within a decade.

Why did the polysilicon price drop 3% in China?

The global price average declined by 0.3% to US$5.99/kg, due to the further weakening Chinese yuan. The number of transactions on the polysilicon market in China continues to be small, and wafer producers procure little high-quality polysilicon as they still have sufficient inventories on hand.

What is the market share of Topcon solar cells in 2022?

The introduction of TOPCon technologies in the solar cell market led to an increase in the use of n-type silicon, approaching 17% in 2022. As discussed in the previous section, the market share of TOPCon solar cells is likely to rapidly increase in the upcoming years.

Are crystalline silicon solar cells a revolution?

Over the past decade, a revolution has occurred in the manufacturing of crystalline silicon solar cells. The conventional “Al-BSF” technology, which was the mainstream technology for many years, was replaced by the “PERC” technology.

How much does polysilicon cost in China?

The index of for n-type material, however, is still unchanged at CNY41/kg (including 13% value added tax, equivalent to US$5.03/kg without VAT), and the price for dense mono-grade polysilicon (p-type material) is at CNY35/kg (US$4.30/kg without VAT). The index of for non-Chinese polysilicon is also flat at US$21/kg.