Prices for Mono PERC, bifacial N-Type TOPCon and HJT (heterojunction) photovoltaic modules sold by China in the international market registered new falls in November 2024, consolidating a year of significant reductions in the solar energy sector.
According to the most recent bulletin from InfoLink Consulting, which monitors the global costs of the photovoltaic chain on a weekly basis, between the 20th and 27th of this month, the average values of these equipments on the international market fell by 5,6%, 5% and 4,3%, respectively.
Highlight for the N-Type TOPCon bifacial modules, whose price fell for the first time in history to less than US$0,100/W, now costing US$0,095/W.
HJT panels also reached the lowest average price ever recorded: US$ 0,11/W. Year-to-date, the technology has seen a price drop of more than 30%, since in January it cost US$ 0,160/W.
Mono PERC photovoltaic modules, in turn, showed more stable behavior in November, without major fluctuations. The behavior was different from what occurred in previous months.
Year-to-date, the technology has seen a considerable reduction: it fell from US$ 0,125/W in January to the current US$ 0,085/W, a 32% reduction in its average price.
Wafer prices rise
While the prices of photovoltaic modules have fallen, P-Type cell wafers have seen an increase in the last week, as highlighted in the new bulletin from InfoLink Consulting.
182mm wafers saw a 6,3% increase, with the average price rising from $0,143 to $0,152 per piece. 210mm wafers saw a 3,3% increase, rising from $0,212 to $0,219 per piece over the same period.
Despite these one-off increases, the year-to-date figures show a significant reduction in wafer prices. Since January, the average cost has fallen by almost 40%, reflecting global supply and demand trends in the photovoltaic market.
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