--- title: "Institution: March photovoltaic module production scheduling increases, silicon material prices decline" type: "News" locale: "en" url: "https://longbridge.com/en/news/279218012.md" description: "On March 16, Aijian Securities released a research report on the power equipment industry, pointing out that the production scheduling of photovoltaic modules increased in March, while silicon material prices declined. The production scheduling of photovoltaic modules is expected to reach 44-45GW, with 32-33GW domestically and 11-12GW overseas. The production volume of battery cells is 219GWh, with a global total of 232GWh, both showing significant growth. Silicon material prices slightly decreased, with dense polysilicon at 46.50 yuan/kg and monocrystalline silicon wafers at 105 yuan/piece. The bidding prices for energy storage systems have risen, with the average winning bid price for lithium iron phosphate battery systems at 0.6643 yuan/Wh" datetime: "2026-03-16T07:14:13.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/279218012.md) - [en](https://longbridge.com/en/news/279218012.md) - [zh-HK](https://longbridge.com/zh-HK/news/279218012.md) --- # Institution: March photovoltaic module production scheduling increases, silicon material prices decline On March 16, Aijian Securities released a research report on the power equipment industry, indicating that in March, the production scheduling of photovoltaic modules increased, while the price of silicon materials declined. Specifically, regarding production scheduling: 1) Photovoltaic modules: According to InfoLink, the overall module production scheduling in March 2026 showed a significant rebound, falling between 44-45GW, with a month-on-month increase of approximately 28-29%. Domestic production scheduling increased to 32-33GW; overseas production scheduling rose to 11-12GW, with a differentiated performance in overseas markets: India's module output remained stable at about 5-6GW; tariff risks in Southeast Asia led to some manufacturers shutting down, resulting in a decrease in operating rates. The output in the United States stabilized, with a monthly production of about 2-3GW; 1. Battery cells: According to the Dadong Times Think Tank (TD) forecast, in March 2026, the production scheduling of power + energy storage + consumer batteries in the Chinese market is expected to reach 219GWh, a month-on-month increase of 16.5%. The global market's production scheduling for power + energy storage + consumer batteries is expected to reach 232GWh, a month-on-month increase of 19.0%. The high month-on-month growth rate indicates a high-quality recovery of industry capacity, with the incremental growth significantly concentrated in large-sized energy storage cells and leading enterprises, while marginal capacity is even weaker than pre-Spring Festival levels, further strengthening the structural development characteristics of the lithium battery industry. Regarding prices: 1) Photovoltaic: As of March 11, 2026, the price of polysilicon dense material slightly decreased compared to last week, reported at 46.50 yuan/kg; the mainstream average price of 183N monocrystalline silicon wafers decreased compared to last week, reported at 105 yuan/piece; the price of TOPCon double-glass modules remained stable compared to last week, reported at 0.76 yuan/W; the price of TOPCon battery cells decreased compared to last week, reported at 0.41 yuan/W. 1. Energy storage: Since 2026, the price of upstream lithium carbonate has fluctuated dramatically, with cost pressures gradually transmitted along the materials, battery cells, systems, and EPC links. In February 2026, the bidding prices for domestic lithium iron phosphate battery energy storage systems were mainly concentrated in the range of 0.491-1.1152 yuan/Wh, with an average bid price of 0.5657 yuan/Wh, a month-on-month increase of 1.62% and a year-on-year increase of 11.69%. Among them, the weighted average price of 2-hour lithium iron phosphate battery energy storage systems was 0.6643 yuan/Wh, with a month-on-month increase of 22.64% and a year-on-year increase of 18.49%; the weighted average price of 4-hour lithium iron phosphate battery energy storage systems was 0.5016 yuan/Wh, a year-on-year increase of 14.03% and a month-on-month decrease of 4.58%. According to the General Administration of Customs, the export value of photovoltaic modules in December 2025 was approximately 2.314 billion USD, a year-on-year increase of 18.22% and a month-on-month decrease of 4.05%. The cumulative export value for 2025 was 28.199 billion USD, a year-on-year decrease of 7.84%. The export value of inverters in December 2025 was 839 million USD, a year-on-year increase of 26.12% and a month-on-month growth of 9.38% In 2025, the cumulative export value reached USD 9.041 billion, an increase of 9.41% year-on-year. The export value of domestic photovoltaic inverters in 2025 shows regional structural differences. Europe ranks first with USD 3.437 billion; Asia follows with an export value of USD 3.123 billion, while emerging markets such as South America provide diversified growth potential. In December 2025, China's inverter exports to Australia saw a year-on-year growth rate exceeding 148%, which is expected to provide new growth space. In December 2025, the newly installed capacity of domestic photovoltaics was 40.11 GW, a month-on-month decrease of 43.40%, but a year-on-year increase of 82.15%. From January to December 2025, the cumulative newly installed photovoltaic capacity in China reached 315.00 GW, a year-on-year increase of 13.65%. According to TrendForce data, **in February 2026, the newly awarded capacity for energy storage in China was 7.72 GW/34.45 GWh, with an 18% decrease in power side month-on-month and a 47% increase in capacity side**. Aijian Securities pointed out that the international environment in the energy sector is complex and severe, with geopolitical conflicts intensifying. New energy sources such as photovoltaics may serve as a new breakthrough to ensure national energy security. The export VAT refund for certain products, including photovoltaics, will be canceled starting in April 2026, which may temporarily boost domestic photovoltaic product shipment demand and promote the elimination of backward production capacity in the long term, optimizing the capacity structure; in March 2026, the production scheduling across various segments of photovoltaics will be raised, and it is recommended to pay attention to related stocks in energy storage ### Related Stocks - [515370.CN](https://longbridge.com/en/quote/515370.CN.md) - [159566.CN](https://longbridge.com/en/quote/159566.CN.md) - [159857.CN](https://longbridge.com/en/quote/159857.CN.md) - [159863.CN](https://longbridge.com/en/quote/159863.CN.md) - [159305.CN](https://longbridge.com/en/quote/159305.CN.md) - [516230.CN](https://longbridge.com/en/quote/516230.CN.md) - [515790.CN](https://longbridge.com/en/quote/515790.CN.md) ## Related News & Research - [World is more vulnerable to pandemics despite Covid-19 lessons, warns WHO](https://longbridge.com/en/news/286895865.md) - [Montage Gold reports on its Q1-2026 activities | MAUTF Stock News](https://longbridge.com/en/news/286392787.md) - [IPL 2026 playoffs: How can CSK secure top-four finish despite loss vs SRH?](https://longbridge.com/en/news/286788844.md) - [China denounces Taiwan foreign minister's Switzerland visit amid WHO meeting](https://longbridge.com/en/news/286732973.md) - [Hormuz closure could trigger 'agrifood shock', price crisis within a year, FAO warns](https://longbridge.com/en/news/287053263.md)