Solar cell prices continued to decline due to insufficient demand

Last week, solar cell prices continued to decline due to insufficient demand. Cell makers are experiencing slow inventory reduction despite some cell and PV module manufacturers gradually lowering their operating rates. The market remains in a phase of oversupply, and battery makers have fully fallen into losses. Both direct sales and outsourcing business are no longer profitable. The cost of externally purchased cells for PV module manufacturers is now lower than their own production costs. Amid industry-wide losses, there is a greater tendency to outsource to third parties. The price of high-efficiency PERC 182 solar cells (23.2% efficiency and above) is 0.30-0.32 yuan/W; PERC 210 solar cells are priced at around 0.32-0.33 yuan/W; Topcon 182 solar cells (24.7% efficiency and above) are priced at around 0.28-0.31 yuan/W; and Topcon 210 solar cells are priced at 0.35-0.36 yuan/W.