January 20, 2011 --- According to a price survey conducted by EnergyTrend, a research division of TrendForce Corp., solar spot prices slightly decreased this week. The decreasing scale is within 1%, a number smaller than last week. It is also considered to be approaching the bottom price for manufacturers. Yet, EnergyTrend believes that within a few weeks the price may stabilize if there is no major market catalyst.

The average quotation of cells also dropped from $1.2/Watt to $1.19/Watt, while the module declined slightly to $1.59/Watt. The average price of poly silicon reached $69.5/Kg and wafer reached $3.59/Piece. On the other hand, thin film price remained stable and concentrator PV and solar Inverter fell slightly.

Looking forward at the future, German government is considering making further adjustments on subsidy policy in mid 2011, which might lead to a surge in demand for installation in Q1 and Q2, 2011. However, the bill is still pending and thus EnergyTrend believes that the market condition may gradually become clear in the end of February.