Market
Increase in China's solar panel prices due to quotas by Q2 2025?
2
Resolution / Starting Odds
Yes • 50%
No • 50%
Average solar panel prices reported by industry analysts or government reports
Story
China's Top PV Firms Agree to Self-Discipline Deal, Adopting OPEC-Inspired Quotas
Dec 9, 2024, 01:19 AM
China's solar power industry, facing challenges from declining prices and shrinking profit margins, is set to break another record for installations this year. Industry experts have noted that the sector is experiencing a severe glut and plunging prices, leading to significant losses for manufacturers. In response, more than 30 of the top solar companies have agreed to a strict self-discipline deal at the China Photovoltaic Industry Association’s annual meeting. This agreement aims to emulate the output quotas strategy used by OPEC to stabilize the market, with local media reporting that firms will receive output quotas next year. The move is seen as an attempt to end the damaging price war and recover from the industry's current struggles.
View original story
Similar markets
Yes • 50%
No • 50%
Increase by more than 10% • 25%
Increase by less than 10% • 25%
Decrease by less than 10% • 25%
Decrease by more than 10% • 25%
Graphite • 25%
Germanium • 25%
Gallium • 25%
Antimony • 25%
Other target • 25%
1100 GW solar capacity by 2027 • 25%
600 GW wind capacity by 2027 • 25%
1500 GW combined solar and wind by 2028 • 25%
Wacker Chemie • 25%
Hemlock Semiconductor • 25%
REC Silicon • 25%
Other • 25%
Yes • 50%
No • 50%
Other • 25%
Japan • 25%
Germany • 25%
United States • 25%