PV module prices temporarily stabilise, but subsequent decline is still in the cards as upstream prices transmit

Last week, mainstream transaction prices for domestic bifacial glass 182mm modules at 1.06-1.16 yuan/w, and bifacial glass 210mm modules at 1.09-1.19 yuan/w. The prices of PV modules temporarily remained stable last week. Under the support of solar cell costs, the prices of PV modules have no room to fall further. Some PV module factories, considering cost factors, are even looking for contract manufacturers after purchasing silicon wafers. PV modules face high inventory pressure and unlikely production increases. Future price reductions may occur as upstream prices transmit.