How will polysilicon prices affect Longi & Tongwei solar?

Polysilicon price increases are affecting both LONGi and Tongwei solar. LONGi has increased its wafer prices for the third time in less than six weeks, while Tongwei solar has also raised the price of its 182mm and 210mm solar cells.

Is Longi reducing its wafer prices?

Longi has reduced its wafer prices by more than 27%. It said its M6 wafers are now priced at CNY 4.54 ($0.65), down 27.24% from November 2022. It is now selling P-type M10 wafers for CNY 5.4, down 27.22%. TCL Zhonghuan has also announced wafer price cuts. It said its p-type G12 wafers are now priced at CNY 7.1, down 23.7%.

How many solar wafers did Tongwei get from shuangliang & Yingli?

Furthermore, Tongwei secured 104,800,000 wafers from Shuangliang and PV module manufacturer Yingli said its capacity has reached 8GW. Solar manufacturer Longi has unexpectedly raised the prices of all its PV wafers via an update on the company website.

How much does polysilicon cost in China?

The increase follows another hike in spot prices for monocrystalline grade polysilicon recorded by China’s solar sector last week. PV InfoLink stated last Wednesday (12 May 2021) that spot prices had risen to an average of RMB164/kg (US$25.4/kg), however high prices of RMB180/kg (US$27.95/kg) had been recorded.

Will the PV industry return to standardization?

As the respective market share of M10 and G12 products evolves, the PV industry may return to standardization, with the objective of technological innovation once again focused on the critical metric of conversion efficiency improvement.

How much did Longi's mono wafers cost?

LONGi yesterday (27 January) upped the price of its P type M10 165μm Mono Wafer (182/247mm) to US$0.888. Its P type M6 165μm Mono Wafers (166/223mm) have increased to US$0.744.