Insights into the PV Glass Sector: Capacity and Price Trends
With the stabilization of glass prices in March and the decline in material prices, industry profits have been restored. With the expectation of glass price increases in April-May,
This post is a summary of the PV solar cell glass price developments. The price developments of PV solar cell glass are expressed in US$ prices converted FX rates applicable at the time when the price was valid. PV solar cell glass price index developments are calculated from multiple separate sources of data to ensure statistical accuracy.
The global solar photovoltaic glass market is moderately consolidated: the five largest producers command about 64% of melting capacity, yet regional pockets exhibit differing dynamics. Chinese leaders Xinyi Solar and Flat Glass Group deploy scale as their chief weapon, targeting 32,200 tonnes per day of combined capacity by end-2024.
Indonesia's phased rooftop quotas aim for 5.75 GW capacity by 2028, while Israel now requires solar panels on all new roofs, lifting residential glass demand by 15-20% annually. The cumulative effect secures baseline offtake, lowering investment risk for greenfield and brownfield expansions across the solar photovoltaic glass market.
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