Total manufacturing costs for mono PERC c-Si solar components by input, 2022

Notes

ASEAN = Association of Southeast Asian Nations. Values exclude subsidies as well as additional costs such as transportation, company profits, taxes and tariffs. Thus, total cost inputs may not match final market sale prices. Polysilicon prices include the processing of metallurgical-grade silicon. The following industrial electricity prices were used in this analysis: China, 88.20/MWh; ASEAN, 101.27/MWh; India, 123.79/MWh; US, USD 79.07/MWh; Korea, 105.14/MWh; Europe, USD 325/MWh. The following commodity prices from October 2021-September 2022 were used in this analysis: glass, USD 590/Mt; aluminium, USD 2 779/Mt; polymers, USD 6 000/Mt; silica sand (quartz), USD 100/Mt; copper, USD 9 160/Mt; silver, USD 706/kg; zinc, USD 3 618/Mt; lead, USD 2 203/Mt; tin, USD 35 190/Mt; other, USD 18 700/Mt.