The price of a key material for solar panels rose for the seventh straight week, threatening to slow clean energy installations.
key material for solar panels rose for the seventh straight week, threatening to slow clean energy installations critical to the world’s efforts to achieve climate targets.
Higher costs could derail projects and slow clean energy adoption. Longi Green Energy Technology, the world’s largest solar company, believes the industry is at the threshold of price levels that would no longer be acceptable to developers, Morgan Stanley analysts said last week.“If polysilicon prices continue at a high level, all ground, utility-scale projects will be stalled,” Solarbe analysts said.
“All this interest in solar has increased demand right at this time when polysilicon supply is struggling, so polysilicon prices continue to go up,” said Martin Green, a professor at the University of New South Wales.
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