Price of HJT modules fell by almost 10% on the international market in 2024

Data from InfoLink Consulting shows that the value of technology suffered a reduction of 3,3% in the last week alone
Price of HJT modules fell by almost 10% on the international market in 2024
Heterojunction modules ended the quarter on a low note. Photo: ENEL Green Power/Reproduction

The value of HJT modules fell about 3,3% last week in international market, according to the weekly newsletter from InfoLink Consulting, released this Thursday (28). O average cost of these modules fell from US$0,150/W to US$0,145/W. 

In 2024, the price of this type of module already suffered a reduction in the order of 10%, after starting the year selling at US$0,160. 

With the exception of HJT technology, the value of other modules photovoltaics on the market stayed the same. In April, the trend is that the sector remains under pressure. 

According to the consultancy, manufacturers should increase prices e regulate deliveries to control the values. This is due, according to InfoLink Consulting, due to plans to increase production in March and April, in addition to the higher costs of both encapsulants and glass.

Check out all the highlights about the global photovoltaic chain from last week below:

wafers

According to InfoLink Consulting, for the third week in a row, the value of wafers fell on the international market. 

The fluctuation of the 182 mm P-Type wafers was 5,5%, with them now being sold at US$0,223 per piece. 

Meanwhile, 210mm P-Type wafers saw a 4% price drop, going from $0,325 per piece to $0,312.

Cells

Cell production remained stable at the end of the quarter. However, due to price drops in wafers, there were fluctuations between 2% and 3% in both PERC technology cells and TOPCon cells in the Chinese market.

Chinese Currency

In the Chinese domestic market, there were also price drops for several components. Type-P wafers suffered percentage fluctuations similar to the dollar values, in their price in Yuan (RMB).

Type-N wafers of both 182 mm and 210 mm suffered a reduction in value of 5,4% and 8,5% respectively.


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Photo by Frederico Tapia
Frederico Tapia
Journalism student at UNESP on the Bauru campus. She has experience in producing journalistic articles.

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