Jun 10, 2025 · Introduction: Navigating the Global Market for monocrystalline pv module As global demand surges for reliable, sustainable, and cost-efficient energy solutions, monocrystalline
Currently, monocrystalline panels are the only ones being imported from China anymore, because they can still command a sale price above the MIP (minimum import price).
In Europe, the price increase for photovoltaic modules is not quite as strong as expected, at least until now. In particular, thin film module prices remained relatively stable, with March showing barely any movement.
Mainstream Modules: Average price of €0.11/Wp, stable compared to September but 21.4% lower than January 2024. Low-Cost Modules: Average price of €0.065/Wp, a 7.1% decrease from September and 27.8% from January 2024. These trends are exerting mounting pressure on the photovoltaic sector.
Currently, monocrystalline panels are imported from China to the European market, as they can still command a sale price above the MIP (minimum import price). Only a very few deliveries from Asia find their way to the European market.
Mainstream Photovoltaic Panels: Average price of €0.10/Wp, down 9.1% month-on-month. Low-Cost Photovoltaic Modules: Average price of €0.060/Wp, a decrease of 7.7% compared to the previous month. These figures underscore the significant pressures in the photovoltaic market, as price reductions strain margins to unprecedented levels.
As of now, monocrystalline modules (high-efficiency and all-black) remain broadly stable on the spot market. However, we are seeing rises of 0.5 to 1.5 euro cents per watt for polycrystalline modules. Only buyers with existing supply agreements are purchasing at the same price as the second quarter.
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