In May 2024, China’s solar module exports showed a notable trend: higher volumes but lower prices. Data from the General Administration of Customs and calculations by Solarbe indicate that while the export value is decreasing, the volume continues to rise.
Prices for Chinese solar modules have reached record lows, according to the latest data from OPIS. The benchmark assessment for TOPCon modules from China has fallen to $0.100 per watt, a decline of $0.005 per watt compared to the previous week. Similarly, Mono PERC module prices have also dropped by $0.005 per watt, now standing at $0.090 per watt.
The total export value of PV modules in May was $2.623 billion, down 36.8% year-on-year and 1.33% month-on-month. Based on Infolink’s latest export price of $0.12 per watt, the export volume for May rose to around 21.86 GW, showing a year-on-year increase of over 10%.
Data from the General Administration of Customs and calculations by Solarbe indicate that while the export value is decreasing, the volume continues to rise. The total export value of PV modules in May was $2.623 billion, down 36.8% year-on-year and 1.33% month-on-month.
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This marks the first increase in FOB China module prices, following upstream price gains that began in the first week of July amid government intervention.
In May 2024, China’s solar module exports showed a notable trend: higher volumes but lower prices. Data from the General Administration of Customs and calculations …
Key Takeaways Chinese solar module exports declined 11% YoY during 2M 2025 as manufacturers prioritize domestic demand While Europe, Asia Pacific, the Americas and …
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These price reductions reflect a broader trend of subdued market activity driven by weak demand. In response, module manufacturers are slashing prices to secure new orders …
Solar module prices reached historic lows of $0.07 to $0.09 per watt in 2024 and early 2025, which Hryshko described as a turning point. “Module manufacturers have already …
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