In a new weekly update for PV -MagazineOpis, a Dow Jones company, offers a quick look at the most important trends in the global PV industry.
The Chinese Modulemarker (CMM), the OPIs Benchmark Assessment for Topcon modules from China, rose 1.15% to $ 0.088/W free on Board (FOB) China, with indications between $ 0.085-0.093/w.
Forward curve indications went higher this week across the board. Q4 2025 Charging prices rose to $ 0.088/W, Q1 to Q3 2026 loading loads up to $ 0.089/W and Q4 2026 Loads from load to $ 0.090/W.
On the domestic market, Opis Topcon module prices rated on CNY 0.696 ($ 0.098)/W EXW China, unchanged compared to the previous week. The market remains stable as the participants wait for clearer policy signals for Q4 2025.
Participants in the industry expect the China Fotovoltaic Industrial Association (CPIA) to be released in October for N-type modules in October, which would serve as a price floor for state-owned purchasing purchase purchase. Despite earlier speculation, it remains unclear whether the guidelines will become a legally binding price base for private transactions in Q4.
While the current CPIA production costs guideline is on CNY 0.701/W, the prices for private transactions have remained lower, which is floating in the reach of the high CNY 0.60/W. Trade sources added that some manufacturers, who want to discharge inventory, offer discounts of 4-5% of regular prices.
In export markets, the prices of Topcon module were reinforced this week, although they continue to follow the domestic levels. Regulatory supervision is stricter on the domestic market compared to export, whereby the authorities hope that this will support export prizes indirectly, according to trade sources.
According to OPIS data, the prices of EXW China Topcon module have increased by 9.3% since 1 July, while the export prices of FOB China Topcon module have risen by 7.3% in the same period.
In Europe, DDP Europe prices for topcon modules of more than 600 W rose with 1.08% to € 0.094 ($ 0.11)/W.
The European PV industry continues to encourage EU legislers to implement concrete plans to support the domestic production of solar energy. Walburga Hemetsberger, CEO of Solarpower Europe, warned that the European sun drug is at an intersection, with immediate coordinated action that is necessary to prevent the loss of existing solar production capacity.
Despite the concern in the industry, the Dutch government announced last week that it would stop the conditional allocation of € 277 million for phases II and III of the SolarNL program, which aimed to build the domestic PV module capacity of solar energy.
This decision can immediately affect current projects, including the planned 4 GW Heterojunction -Celf -facility of the Dutch Solar Company in the Netherlands. MCPV expressed disappointment about the withdrawal, but confirmed that the alternatives will pursue in Europe and beyond. Founder and CEO Marc Judge told Opis that the company will accelerate its Spanish HJT module factory while exploring the American expansion.
In the US, Topcon modules of more than 600 W DDP US remained stable this week for $ 0.287/W. Charges in Southeast -Asia fell 0.37% to $ 0.269/W, while the India load held at $ 0.331/W.
In the midst of increasing regulatory supply chain disruptions, the American clean power of the industry last week closed a member of Paneelmakers when addressing a decision of Augustus ordered the payment of retroactive rates on imports that were introduced under the two-year tariff moratorium by President Biden between 2022 and 2024.
A market participant noted that although the decision of Augustus could cause problems for smaller companies, the industry is usually bracing for more urgent concerns, such as the 232 study into the import of Polysilicon.
With the foreign entity of concern (FEOC) restrictions on the horizon, purchasing teams are knocking to modules and they ask in particular domestic content due to FEOC concerns, according to a distributor with national American presence.
However, an important importer/distributor noted high confusion levels at participants in industry with regard to FEOC rules and domestic content requirements, where many purchasing teams wrongly accept FEOC -compliance with purchasing modules with cells produced in his own country. The coming FEOC guidelines, expected in the coming months, will define the market landscape for the next six to eight months, according to market participants.
Currently, most available capacity consists of storage materials that have already been sent or American factory cells en route for delivery within the following month, according to a source of developers. The source expects exporters to stop new shipments in the coming months such as anti-dumping and countervailing duty provisional provision approach.
This expected shipping delay will create a limited cell facility for American assemblers in 2026, in particular for non-AD/CVD and non-FEOC materials, according to the developer. However, the source is of the opinion that the supply restrictions are already priced in current market levels and expects the prices to remain relatively stable despite the availability of tightening.
Opis, a Dow Jones company, offers energy prices, news, data and analysis of gasoline, diesel, aircraft fuel, LPG/NGL, coal, metals and chemicals, as well as renewable fuels and environmental products. It acquired price determination of data from Singapore Solar Exchange in 2022 and now publishes the OPIS APAC SOLAR WEEKLY REPORT.
The views and opinions expressed in this article are the author, and do not necessarily reflect it by PV -Magazine.
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