Solar module prices mostly remained steady in the week to Oct. 14, as market participants reported minimal price movements, while freight costs eased globally.
Platts, part of S&P Global Energy, assessed TOPCon utility-scale solar modules for 5-50 megawatt volumes FOB China at 11 cents/W on Oct. 14, steady week over week but 1% above the September average.
Market participants continued to report minimal movement in module prices, as continued exports and slow consolidation keep markets more exposed to lower prices.
The Comex spot silver price was last assessed at $59.16/troy ounce Oct. 13, down 3% week over week and 8% below the September average.
Platts assessed TOPCon utility-scale solar modules DDP Europe at 12 cents/W for 5-50 MW volumes Oct. 14, down nearly 1% week over week.
Market participants had reported concerns about potential ‘dumping’ of lower-efficiency modules from China in international markets ahead of China's new efficiency regulations starting in 2027.
In addition, freight rates have softened considerably from the multi-year highs observed in July this year, adding a bullish element to the module market.
The Platts Container Rate 1 assessment for North Asia to North Continent surged 19% week over week to $3,800/forty-foot equivalent unit Oct. 13, but was down by more than a third from levels in mid-July.
In September, capture prices for German solar power doubled year over year amid the global gas price rally.
Solar market values averaged €81.77/megawatt-hour in September, the highest for a summer month since 2023, EEG system data showed Oct. 9.
Platts assessed solar modules delivered on a DDP basis to the US at 36 cents/W for volumes 5-50 MW, steady week over week.
PCR 25 - Southeast Asia to the US East Coast - eased 4% to $10,300/FEU Oct. 14, the lowest in over a month.
Meanwhile, freight rates from India to the US fell 5% week over week, with the PCR 39 assessed at $10,000/FEU Oct. 14, marking a six-week low.