New solar substrates in China and prices

Will China's crowded solar power sector keep global prices low?

Consolidation in China's crowded solar power sector is pushing smaller players out of the market, but excess production capacity - with more on the way - threatens to keep global prices low for years.

Will SiC substrate prices continue to fall?

As SiC substrate prices continue to fall, the range of applicable sectors is set to expand, moving beyond just electric vehicles and solar modules. Silicon carbide (SiC) once thrived amid substrate shortages.

Why is China's solar energy industry struggling?

China's solar energy industry has been grappling with severe oversupply and aggressive price competition in the local market since 2024. In late October, the China Photovoltaic Industry Association (CPIA) collaborated with executives from Tier 1 solar... The article requires paid subscription. Subscribe Now

Is the solar industry headed for a consolidation?

The industry is experiencing a stage of persistent low prices throughout the solar value chain and if this should continue for long, the industry could be headed for a consolidation faster than expected. Meanwhile, cell manufacturers continue to cut production rates in a bid to restore market supply and demand balance.

Why are SiC substrate prices irrational?

Currently, SiC substrates are experiencing temporary irrational low prices due to supply-demand imbalances. Despite this, Hsu recognizes the scale and cost- competitive strengths of Chinese SiC manufacturers, predicting that other supply chains, including Taiwan's, will struggle to match their cost-effectiveness.

Why did solar equipment prices go down?

Solar equipment prices extended declines despite efforts by manufacturers to pare output in the face of severe overcapacity that threatens bankruptcies and consolidation. Costs for solar wafers fell as much as 7.7% in the past week, the China Silicon Industry Association said late on Thursday.