PV Module Production In May Grew In May

According to SMM statistics, domestic module production in May was about 42.1 GW, an increase of 2.6% from April. The growth rate from the previous month slowed significantly.

In May, the price of the entire upstream photovoltaic market "collapsed", and the confidence of the downstream market was depressed. Terminal enterprises began to slow down the delivery-taking. At the same time, due to the high price of cell enterprises and terminal enterprises pushing for lower prices, the profit of modules was not guaranteed.

The second-tier and third-tier enterprises generally cut production. Under the pressure, the production schedule of modules was lower than expected.

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