The prices of solar chips and cells rise again as polysilicon prices rise, and the earthquake shakes the installations

Solar cells are being produced at a facility of LONGi Corporation. Photo: Lungi.

Chinese solar foil and cell manufacturers raised their prices again this month after a jump in spot polysilicon prices in the country.

Solar manufacturing has also been complicated in the country after the weekend earthquakes that disrupted production at facilities owned by LONGi and Zhonghuan Semiconductor (TZS), two of the industry’s largest chip suppliers.

Earlier today, LONGi announced another price increase for its chips, less than two weeks after the leading solar module and chip manufacturers raised their prices. The company’s prices increased by about 9% across the board, with full details below:

Chip Size May 25, 2021 Price (USD) May 14, 2021 Price (USD)% Increase 158.75 mm 0.6550.5999.3166 mm (M6) 0.6690.6129.3182 mm (M10) 0.8030.7359.25

LONGi’s price hike comes on the heels of a similar move from solar cell manufacturer Tongwei, which raised their prices by 8-9% on Friday (May 21, 2021). Full details regarding the Tongwei price increase are below:

Chip size May 21, 2021 Price (yuan / Watt) May 14, 2021 Price (yuan / Watt)% 158.75mm increase 1.101.027.8% 166mm 1.080.999.1210mm 1.080.999.1mm

The price increases this week come after a jump in the average spot market price for polysilicon in China. While the price has been rising steadily since the start of the year, prices jumped by more than 9% last week, according to data compiled by PV InfoLink. The chart below shows the average spot price growth for polysilicon since February of this year.

Meanwhile, LONGi Green Energy revealed the impact of earthquakes that struck China in Yunnan and Qinghai provinces late last week on its industrial production. LONGi has silicon mono rods and wafer production facilities in Yunnan, and the company confirmed in a statement to the Shanghai Stock Exchange that about 10% of its silicon wafer production for this month had been disrupted, equivalent to about 120 million solar chips.

In her statement, Longy added that the related subsidiaries are working to restore production, which is expected to resume next week.

In a file released to the Shenzhen Stock Exchange, TZS revealed that the earthquake in Qinghai had caused some disruptions to its production, resulting in the loss of around 130 MW of its production for the month. Likewise, TZS said it is working to restore full production.

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