Solar wafer prices rise, further gains expected

|By:, SA News Editor

Taiwan's Economic Daily News reports solar wafer prices, depressed for a very long time, have risen back to the $0.98-$0.99 range. In addition, prices for wafers used to produce high-efficiency solar cells have topped $1, and a 5% price increase is expected in January.

Crashing wafer prices have forced suppliers such as SunEdison (SUNE +0.2%) to terminate or amend long-term wafer supply deals that involved relatively high prices. But improving demand (fueled by U.S./Chinese solar installations) and restrained capacity growth are leading business conditions to stabilize.

Other solar wafer suppliers: SOL, LDK.