China: module prices increase by 5%

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China confirms its role as the world’s leading producer of photovoltaic modules, as well as the largest installation market: in 2024, a total of 597 GW of new photovoltaic capacity was installed globally, of which 329 GW were in China alone, representing 55% of the global total.

These figures are even more significant when considering component production and technological development.

Government Meetings and Industry Guidelines

To address the ongoing and significant economic losses faced by module manufacturers, and to reduce disorderly competition driven by price wars at the expense of quality, a meeting was held on August 19, 2025, in China between the MIIT (Ministry of Industry and Information Technology) and stakeholders in the solar photovoltaic industry.

During the meeting, measures were outlined to support both quality and pricing, aiming to make the sector more sustainable and profitable, as it is considered strategic by the Chinese government.

This meeting followed the one on July 3, 2025, which included representatives from major manufacturers such as TrinaSolar, JinkoSolar, LONGi, TCL TZE, Sungrow, JA Solar, and AIKO (Taiyang News).

Anti-Irrational Price Competition Policy

A shared objective that emerged is to support balanced and sustainable development of the sector through concrete actions such as:

  • strengthening investment management in industrial photovoltaic projects, promoting the orderly retirement of obsolete production capacity;
  • curbing disorderly competition characterized by unsustainably low prices;
  • supporting product quality standardization, combating misleading practices and intellectual property violations;
  • promoting fair competition based on innovation, quality, and safety standards.

This initiative, called the Anti-Irrational Price Competition Policy, has already begun to show effects.
As reported by Energytrend on August 28, 2025, prices in the four main photovoltaic segments (polysilicon, wafers, cells, and modules) have risen.

Rising Prices: +5% Since July 2025

PV Magazine confirmed this trend in a news report on August 29, 2025, highlighting a roughly 5% increase (4.88%) in module prices.

Specifically, the Chinese Module Marker (CMM), OPIS’s benchmark for TOPCon ≥600W modules, rose last week by 1.18% to $0.086/W FOB China, with market indications ranging between $0.084 and $0.093/W.