Sixty-Seven Percent Of China Solar Panel Manufacturers Plan To Raise Prices In 2007

solar panels

It seems that the renewable energy news comming out of China just keeps on growing. In a bit of bad news it seems that even the Chinese are not immune to the global silicon shortage.

“Solar cell prices, which have increased by about US$0.30 per watt in the past two years, are expected to rise further, driving the cost of solar panels higher,” said Global Sources general manager of Content Development, Michael Kleist.

“With margins at about five percent for many manufacturers, the market is expected to continue to be challenging in the months ahead.”

Among surveyed solar panel manufacturers’ top concerns and primary challenges for the next 12 months:

— 56 percent cited higher raw material costs;
— 20 percent said price competition;
— 14 percent cited design copying/piracy; and
— 10 percent said power and labor shortages.

China Solar Panel Manufacturers Reducing Costs, Targeting Exports to the
EU

“In order to increase profit margins, many manufacturers say they plan to increase capacity to gain economies of scale,” said Kleist.

According to surveyed manufacturers:

— 22 percent plan to increase capacity by more than 50 percent;
— 20 percent expect increases of 20 to 50 percent;
— 50 percent plan increases of up to 20 percent; and
— 8 percent plan to maintain current capacity.

“One bright spot for China’s exporters is the EU,” said Kleist. “Due to favorable legislation, which includes financial incentives encouraging the use of renewable energy, many manufacturers are targeting exports to this market.”

Among surveyed manufacturers:

— 74 percent plan to focus on exporting to the EU;
— 20 percent plan to target exports to the United States; and
— 6 percent plan to focus on the Mideast/Africa and Asia.

In-Factory Interviews, Price Forecasts and New Solar Panel Models

From the 101-page China Sourcing Report

7 thoughts on “Sixty-Seven Percent Of China Solar Panel Manufacturers Plan To Raise Prices In 2007”

  1. Dear Company SINGFO

    Sender: Aleppo Group for Electrical Works-Syria

    Our Group visit international gallery in Gunezo in China and was wish to talk with you because rotate dialog among us show in it natural our works in Syria and in gallery we see that you works on generate electrical power from solar power and this is our goals

    We have a project want to show natural the work as follow as:

    Our project is agriculture land area it is 20 Hectare therefore we think to irrigate this the land by transformer solar power to electrical power to drive pump irrigation

    The region feature by founding hot sun and in summer temperature is 50 C

    And in winter 25 C

    Power pump the used 50 KW × 2

    If you was desire in work with us to execute such this the project please to clarification that and our inform about full study, commission and service after installation and operated

    With the inform that if succeed this a project then will attack on it very big and our single that venture in this like the work with full prices

    Best Regards

    Maher Al Zaza and Hami Haffar

    Syria-Aleppo

    Tel:00963 21 2230023

    Fax:00963 21 2212308

    Mob:00963 944 378398

  2. i’m from lebanon i need some solar cell —– in lebanon we don’t have a geed price it’s so expensive need ur help

  3. we need price of a solar cell :
    12V dc car battery 50 AH
    how many solar cell need to charge 5 amp. 12V dc
    it’s a small test to know the price and capacity
    plz replay thx for ur time :)

  4. Dear Sir,
    Where can I find out what percentage of Solar Panels used in the US are imported to the US from China?
    Who are the largest exporters of Panels to the US from China?
    Is there any statistic on their durabilty?

Comments are closed.