Global High Efficiency Module Prices Shifted in Q4 2025
In Q4 2025, the photovoltaic market showed notable movement, particularly in the high-efficiency module segment. In Q3 to Q4 in 2025, Chinese high efficiency module prices rose for the first time in a long period (by 6%). German and European manufacturers marked further price decreases compared to Q2 to Q3 2025. For other manufacturers, price decline decreased from -21% in Q2 to Q3 2025, to -5% in Q3 to Q4 2025.
Frequently asked questions
How did Chinese high-efficiency module prices change in Q3 to Q4 2025?
Chinese high-efficiency module prices increased by 6% from Q3 to Q4 2025. This marked the first price rise for Chinese manufacturers in this segment after a prolonged period of decline, signaling a notable shift in the photovoltaic market dynamics during Q4 2025.
What was the price trend for German and European high-efficiency module manufacturers from Q2 to Q4 2025?
German and European manufacturers experienced further price decreases for their high-efficiency modules from Q2 to Q4 2025. This indicates a sustained downward pressure on prices for these regional producers, contrasting with the price increases observed among Chinese manufacturers in the same period.
How did the price decline for 'other manufacturers' of high-efficiency modules evolve between Q2 and Q4 2025?
The price decline for ‘other manufacturers’ of high-efficiency modules significantly moderated, decreasing from -21% in Q2 to Q3 2025 to -5% in Q3 to Q4 2025. This indicates a substantial slowdown in the rate of price erosion for this segment of the market, even as prices continued to fall.