Solar Cell Prices Stabilize at US$ 0.50 per Watt

Taiwan-based solar cell manufacturers have expressed difficulty making a profit, even with prices stabilizing at US$ 0.50 to 0.55 per Watt.

In this file photo, worker fixes a solar panel at a factory in Qingdao, east China's Shandong Province. Solar cell manufacturers from Taiwan and China report difficulties in earning profits even with solar cell prices increasing and settling at a steady US$ 0.50 to 0.55 per Watt. (AP)

Even amid snows affecting installations among European customers, Taiwan-based solar firm producers report an increase in orders, forecast to peak this February. Still, demand is still limited at this time, compared with manufacturers’ capacity.

According to sources cited by DigiTimes, manufacturers offer a wholesale price of US$ 0.48 per Watt for bulk orders. For Taiwan firms, the stabilizing prices are still too low to make solid profits. The same trend is evident in China, with prices of higher-output solar cells priced at US$ 0.57 per Watt.

Elsewhere, solar-related businesses are likewise feeling the pinch. Japanese firm Sharp has recently announced results of its fiscal third quarter 2011 financial performance, and cites a 33.5% decline in revenue due to price drops.

About author
J. Angelo Racoma is a technology and automotive journalist with an eye for emerging standards and communications channels. He has written for a variety of publications including Performancing, The Blog Herald, and the Manila Bulletin, and was chief editor at Splashpress Media. Angelo is currently staff writer at CMS Wire, senior editor at TechWire Asia, and publisher at Pinoy Auto Blog. Follow @jangelo via Twitter for updates.

Tags: , , , , , , ,

About

Brought to you by the people behind Asian Correspondent and Travel Wire Asia, Tech Wire Asia offers insights and an overview on the technology scene in the region. Our regional staff brings you daily news, views and reviews on the startup scene, gadgets, social media, enterprise software, and green technology. Read more about the Tech Wire Asia team here.

Twitter

Tech Wire Asia © 2012 All Rights Reserved