Solar Report Weekly PV

Market Report
Dexler Energy 2015
 Content
Supply Chain Trends & Development
Weekly PV Module Spot Market Price
Trend
Market Analysis & Forecast
Supply Chain Trends & Development

As per reports, oversupply situation is

building up in PV module manufacturing in
China, especially for the second half of
2016 and this is likely to lead to significant
price corrections in the market
First-tier PV module makers rely more on
overseas markets and the demand is
considerably weak currently.
Consequently, their inventories have risen
to as high as a 3-month level
 Weekly PV Module Spot Market
Price 27/07/2016

Item High Low Avg Chg

Multi-Si Module ($ Per Watt) 0.52 0.40 0.47 -1.05%
Mono-Si Module ($ Per Watt) 0.52 0.42 0.49 -1.01%
 PV Module Trend -
Quarterwise

Assuming a stable supply-demand landscape, GTM Research

anticipates that global blended prices will steadily fall at an
annualized rate of 5 percent and reach 44 cents per watt by
2020.
 Market Analysis & Forecast

Price reduction is going to be aided by

depreciation of Chinese Yuan against
Indian Rupee. From last one year Chinese
Yuan has depreciated by about 3-4%.
Because of the trade restrictions
continuing in US and Europe, India has
emerged as a key growth market for the
Chinese suppliers. It is expected that
module prices will stay soft for next few
quarters
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