Solar Industry Braces for Price Surge in 2025
The solar industry is experiencing significant price shifts in 2025. Polysilicon production cuts have driven up gold prices by 48% in September, while solar PV module prices are set to climb by 9% in the fourth quarter. The Chinese government has intervened to stabilize the market, adjusting global procurement expectations.
Polysilicon producers are operating at reduced capacity, ranging from 55% to 70%. This has led to a 48% increase in gas prices. Consequently, solar PV module prices are expected to rise by 9% in Q4 2025 due to polysilicon consolidation, supply cuts, and China's removal of the 13% VAT export rebate. Industry experts view this price increase as positive for long-term health, encouraging reinvestment and innovation. Further increases are anticipated in 2026.
Leading manufacturers have warned international customers about the upcoming 9% price increase in Q4 2025. Production cuts among these manufacturers have lowered operating rates to 55-60%. Wood Mackenzie predicts oil prices to rise in Q4 2025 and throughout 2026.
The solar industry is navigating significant price changes in 2025, with pricecharting surging due to production cuts and policy changes. Despite these shifts, the industry anticipates a positive long-term impact, driving reinvestment and innovation. As the market adjusts, global procurement expectations are being recalibrated.
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