The software is billed as the primary unbiased day by day spot market worth view for photo voltaic panels. S&P Global mentioned it was launched to assist transparency in pricing expertise as photo voltaic modules develop into extra commoditized.
Global supplier of benchmark worth assessments Platts, a division of S&P Global Commodity Insights, has launched an unbiased day by day market worth overview for photo voltaic panels within the US, Europe and Asia.
“The modules are very traded. Transactions occur daily and there are various stakeholders concerned,” Annalisa Jeffries, Global Head, Electricity Power Pricing at S&P Global Commodity Insights, mentioned. pv journal. “The individuals who will profit are the suppliers, utilities, and mission builders. In our conversations with members within the photo voltaic module market, they expressed a necessity for extra correct, particular detailed info on the pricing of photo voltaic modules.
According to Jeffries, the day by day evaluation permits customers to trace worth actions as they occur. “Solar panel costs are altering shortly with costs usually, so day by day updates are vital,” he added. “Weekly costs don’t enable modifications to be tracked precisely.”
The software now consists of assessments of TOPCon photo voltaic modules. “But it would adapt to rising applied sciences as they develop into extra mainstream,” Jeffries mentioned.
It will provide day by day worth assessments displaying the price of bifacial photo voltaic modules bought for business and industrial and utility-scale initiatives in six classes:
- Platts Solar Modules free experience (FOB) China 5-50 MW, displaying 10-30 days FOB Shanghai
- Platts Solar Module FOB China 50-100 MW, displaying 10-30 days forward FOB Shanghai
- Platts Solar Modules obligation paid (DDP) Europe 5-50 MW, displaying 28-70 days forward of supply in Rotterdam
- Platts Solar Module DDP Europe 50-100 MW, displaying 28-70 days forward of supply in Rotterdam
- Platts Solar Module DDP US 5-50 MW, displaying 28-60 days forward for US East Coast supply
- Platts Solar Module DDP US 50-100 MW, displaying 28-60 days forward for US East Coast supply
Platts will publish six particular person photo voltaic module costs together with the Platts Global Solar Module Marker, a day by day common of six particular person assessments, to offer a world view of costs. within the photo voltaic panel.
Price assessments will embody photo voltaic modules with 570 to 720 W output and topcon specification and wafer measurement of 182 to 210 mm. Prices might be expressed as a direct worth in $/W.
“We take severely our dedication to assist the market and business discover options to pricing challenges and we’re joyful to heed the decision and produce transparency to the photo voltaic module market, which is changing into extra commoditized and extra vital in vitality transition planning,” mentioned Jeffries.
Price assessments can be found by means of a number of S&P Global services, together with Platts Connect, Platts Market Center and the Platts worth database.
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