The new agreement between China and Europe on EU imports of Chinese solar panels has officially been launched. The result of the minimum price and volume limit, which the industry is most concerned about, has also been released. The minimum price of Chinese modules shipped to Europe from now on will be EUR0.56/Watt (US$0.74). Although the amount of volume quota hasn't been finalized, the industry has considered 7GW/year as a reasonable amount. According to EnergyTrend, a research division of TrendForce, the minimum price agreed by China and Europe is higher than what Chinese manufacturers proposed earlier and lower than European manufacturers' production costs. In addition, the decomposition of unit cost may allow manufacturers that specialize in certain areas to raise the price, thus price may be unpredictable in the third quarter.
Reported by DigiTimes 8 hours ago.
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