{"id":9575,"date":"2024-01-11T14:31:21","date_gmt":"2024-01-11T06:31:21","guid":{"rendered":"https:\/\/www.ray-tron.com\/?p=9575"},"modified":"2024-02-19T12:39:08","modified_gmt":"2024-02-19T04:39:08","slug":"alt1430","status":"publish","type":"post","link":"https:\/\/www.ray-tron.com\/en\/alt1430\/","title":{"rendered":"2024 PV module bidding begins, prices for central state-owned enterprises hit record lows"},"content":{"rendered":"

According to China Power Construction Corporation, in 2024Photovoltaic modules<\/a>The framework shortlisted centralized procurement bidding has been opened. A total of 55 component companies participated in the bidding, with the lowest bid for P-type products being 0.806 yuan\/watt and the lowest bid for N-type products being 0.87 yuan\/watt. This marks the first large-scale bidding of photovoltaic components by central state-owned enterprises in 2024.<\/p>\n

The market price of photovoltaic modules is in a downward channel<\/strong><\/p>\n

The price of photovoltaic modules has continued to decline, and the large-scale bidding of central state-owned enterprises has a strong guiding role in the market. In this bidding, the lowest bids for P-type modules and N-type modules both hit record lows, reflecting the trend of the photovoltaic module market price being in a downward channel.<\/p>\n

N-type modules are gradually replacing P-type modules in the bidding of state-owned enterprises, and the demand for N-type modules is expected to continue to grow. Since N-type modules can achieve higher installed capacity and higher power generation on the same area of land, coupled with price advantages, it has become a trend for N-type modules to gradually replace P-type modules.<\/p>\n

The photovoltaic industry has experienced a price drop since February 2023, with the bidding price of photovoltaic modules falling below RMB 1 per watt for many companies, making it difficult for module companies to make profits. The bidding ratio of N-type modules has continued to rise, and the upgrading and iteration of production capacity has accelerated. Due to the structural overcapacity, the price of P-type modules has fallen more sharply, and they may face more severe challenges in the future.<\/p>\n

The overall price trend of battery cells is pessimistic<\/strong><\/p>\n

Since 2023, production cuts have occurred in the silicon wafer, battery cell, and module links of the photovoltaic industry chain. The overcapacity of the P-type technology route has led to the closure of many P-type product factories. The overall price trend of battery cells is pessimistic, and most manufacturers have chosen to significantly reduce production.<\/p>\n

The products of leading photovoltaic enterprises have also experienced price cuts, and the price of Longi Green Energy's silicon wafers has dropped by nearly 30%. The profit margin of the entire photovoltaic industry chain has been compressed, and overcapacity has led to the possible further withdrawal of P-type battery production capacity.<\/p>\n

There is a vast space for efficiency improvement brought by technological iteration, but the problem of overcapacity still exists. In the long run, it is expected that module prices will rebound as early as the third quarter of this year. The photovoltaic market will face challenges, but the overall positive trend has not changed. The scale of photovoltaic installations in my country continues to expand. In the first three quarters of 2023, the newly installed photovoltaic capacity increased by 145% year-on-year, showing the potential growth of the photovoltaic market.<\/p>","protected":false},"excerpt":{"rendered":"

According to the news from PowerChina, the bidding for the 2024 photovoltaic module framework centralized procurement has been opened. A total of 55 module companies participated in the bidding, P-type [\u2026]<\/p>","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"default","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"default","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[19],"tags":[233],"class_list":["post-9575","post","type-post","status-publish","format-standard","hentry","category-blog","tag-guangfuchanye"],"_links":{"self":[{"href":"https:\/\/www.ray-tron.com\/en\/wp-json\/wp\/v2\/posts\/9575","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.ray-tron.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.ray-tron.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.ray-tron.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.ray-tron.com\/en\/wp-json\/wp\/v2\/comments?post=9575"}],"version-history":[{"count":0,"href":"https:\/\/www.ray-tron.com\/en\/wp-json\/wp\/v2\/posts\/9575\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.ray-tron.com\/en\/wp-json\/wp\/v2\/media?parent=9575"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ray-tron.com\/en\/wp-json\/wp\/v2\/categories?post=9575"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ray-tron.com\/en\/wp-json\/wp\/v2\/tags?post=9575"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}