Monocrystalline wafers need to be further reduced

The competition in the photovoltaic industry around product prices is becoming increasingly intense and open
.
Since October 2017, LONGi has repeatedly lowered the price of
monocrystalline silicon wafers.
After the price reduction, the current price of LONGi monocrystalline silicon wafers is 4.
55 yuan / piece, followed by the quotation of multi-crystalline silicon wafer benchmark products also reduced to about 3.
8 yuan / piece
.

Similar to the first half of 2016, mono multicrystalline module prices are now inverted again in some overseas regions
.
For example, at present, the minimum quotation of overseas monocrystalline PERC modules has dropped to 32 cents / watt (about 2.
3 yuan / watt), which is lower than the price of
multi-crystalline modules.

Some people in the industry believe that monocrystalline PERC cells have dropped to about 1.
6 yuan / watt, and monocrystalline silicon wafers of 4.
55 yuan / piece are used to produce downstream products, and monocrystalline cell module manufacturers are difficult to profit
.
Therefore, unless the monocrystalline camp launches a further and more thorough price reduction, this inversion phenomenon will not be maintained
for a long time.

In addition, what is more serious about the monocrystalline camp is that in the medium term, following the monocrystalline camp, at present, the polycrystalline camp such as GCL-Poly has basically completed the transformation of more than 1,000 slicers, and its diamond wire cutting polycrystalline production capacity is still being released, and the black silicon technology of major photovoltaic companies has also been mass-produced
.

The efficiency difference of mono polycrystalline has been maintained at 1.
5%, but in the past year, due to the use of diamond wire + black silicon + PERC technology, the mass production efficiency of polycrystalline cells has been increased to more than 20.
5%, and the difference between the mass production efficiency of monocrystalline PERC cells has been reduced to 0.
7% to 0.
8%.

It is estimated that the cost-effective gap of single multicrystalline components has been reduced from 0.
1 yuan / watt to 0.
06 yuan / watt, then, conducted to the silicon wafer end, calculated by 5 watts / piece, the standard deviation of single polycrystalline cost performance has even been reduced from 0.
6 yuan / piece to 0.
3 yuan / piece
.

However, in terms of market share, although it did not reach the expected 40% in early 2017, under the leadership of LONGi, the monocrystalline camp still achieved a major breakthrough, changing the previous pattern of maintaining a market share of about 20%, pushing the global market share to nearly 30%.

According to PVInfoLink statistics, in 2017, the global installed capacity of photovoltaics was 103 GW, and monocrystalline reached 29 GW
.

Not only that, the bidding announcement of the third batch of photovoltaic leader projects in 2018 showed that the 500 MW projects in Baicheng all won the bid at ultra-low prices of 0.
41 yuan / kWh to 0.
45 yuan / kWh, and the winning technical route was monocrystalline
.

It is worth mentioning that industry analysts believe that the winning investor basically has no photovoltaic manufacturing capacity, and the low price quoted by it may force the manufacturing end to provide high-efficiency modules
at lower prices.
It is estimated that P-type or N-type monocrystalline PERC single-sided 310 watts to 370 watt specification modules must be reduced to less than 2.
5 yuan / watt, and pushed backwards to the silicon wafer end, and its price should be reduced to less than
3 yuan / piece.
That said, monocrystalline wafers need to be further reduced in price
.