The market for solar panels in August is once again experiencing shortages and price increases.
According to Economic Observer, after experiencing a "rush to install" in the beginning of the year caused by the issuance of the "Notice on Deepening the Market-oriented Reform of the New Energy Grid Price to Promote High-quality Development of New Energy" by the National Development and Reform Commission and the National Energy Administration, the photovoltaic component market in August once again experienced shortages and price increases. According to several top photovoltaic component distributors consulted by the reporter, the current quoted price for first-tier component companies has reached 0.7 yuan/W, and there is a shortage of components, with the shortage mainly concentrated in the 710W large size components. At the end of June, photovoltaic components had dropped to around 0.66 yuan/W. When consulting a distributor as an investor in a photovoltaic power station, the reporter learned that only Tongwei shares currently have stock of the 710W model components, with a quoted price of 0.685/W; Tianhe Solar Energy offers the same model at a price of 0.685 yuan/W, with a delivery time of about a week. Several distributors told the reporter that the shortage and price increase in this round is different from the "rush to install" in the first half of the year: during the "rush to install" period, the main reason was the strong downstream demand and the need for prompt delivery, while in this round, there has not been a significant increase in downstream component demand, and the price increase is mainly due to the rise in upstream polysilicon raw material prices under the background of "anti-internal competition", combined with the small production capacity of some manufacturers for certain models, resulting in delayed deliveries.
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