Further details on how the index of the PV Mono PERC module is calculated
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PV Mono PERC module price index
This post is a summary of the PV Solar Mono PERC module price developments since 2018. The price developments are expressed as a price index in US$ prices converted at current FX rates, which are the FX rates applicable at the time the price was valid. PV Solar Mono PERC module price index developments are calculated from multiple separate sources of data to ensure statistical accuracy.
A PV (photovoltaic) module is a device that converts solar energy into electricity. It is made up of a number of solar cells that are connected together in a series and encased in a protective cover.
A mono PERC (Passivated Emitter Rear Contact) module is a type of PV module that uses a single-crystalline silicon solar cell with a passivated rear contact. The passivated rear contact refers to an additional layer of insulation on the back of the solar cell, which helps to increase the efficiency of the module by reducing recombination losses. The use of a single-crystalline silicon cell allows for higher efficiency than other types of cells, such as polycrystalline or thin-film cells.
PERC technology is considered to be a significant advancement in the field of photovoltaics, as it allows for higher efficiency and performance in PV modules. It is commonly used in residential and commercial solar panel systems.
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Where does the data come from?
- The source of the data are exclusively public non-confidential sources
- This the index trend of the price of the product group in general and not a single specification in particular
- The data is a combination of contract and spot pricing
- Our algorithms are set up to eliminate significant product mix impact on the reported price
- We combine public publications, import/export records, trading prices, company announcements, magazine articles, tweets, and other sources of ad-hoc public information.
- The chart shows the our best approximation of the market trend based on our algorithm interpretation of the signals
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- The data is presented in US$. The UOM of measure is shown in the Index list table
- We do our best to create an accurate representation of the trend
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- From 2 or more sources which have some periods of contradicting trends.
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- The price trend we show is intended to represent the locally manufactured prices, or local FOB prices.
- It is possible that product is imported in from other countries at a lower, or higher, price than shown.
- For example:
- The USA price for TiO2 is US$3,000/MT
- The China price for TiO2 is US$2,100/MT
- If a USA company buys TiO2 from China, their CIF price may be US$2,350/MT
- Our reporting is intended to show the US$3,000/MT, and the the US$2,100/MT but not the US$2,350/MT
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- By their nature, outlooks are always uncertain
How often do we update the data?
- We aim to update the data series on the 9th and 24th of each month (but we do not always make it for each chart)
- The data for the current month and recent history are fine-tuned over time.
What are we doing to improve the data?
- We are continually improving our data collection and processing methods
- Pricing data will be updated from time to time as we improve the accuracy
- We will improve our price trend algorithm before December 31, 2023.
- There will be continuous fine-tuning of the trend and forecast algorithm until end of December 2023.
- As part of that process, we will add many additional indexes in the final quarter of 2023
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