Manufacturers of equipment for the production of solar energy continued to raise prices, due to the skyrocketing prices of polysilicon. This might cause a significant delay in increasing green energy generation.
Solar panel companies such as Tongwei and Longhi have raised their prices by 3-4%. The rise in price was due to a 15% jump in the cost of polysilicon, which occurred due to disruptions in production in mid-May, as factories temporarily closed due to emergencies or scheduled maintenance.
How informs According to Bloomberg, the increase in prices has not stopped buyers yet, as prices for traditional fuels are also breaking records now, so demand will not weaken in the near future.
Chinese exports of solar panels have surged this year, especially to Europe, as the old world tries to get rid of dependence on Russian fuel as soon as possible. In May, proceeds from the sale of green energy equipment brought China $4.3 billion. Formerly Reedus wrote that not everyone is satisfied with this situation.
Prices for polysilicon are not planned to decrease in the near future, so the transition to green energy will become even more expensive for those who want it.