Solar module prices lagging behind soaring silver costs

Solar manufacturers are facing rising cost pressure as silver paste now accounts for up to 30% of total cell production costs. OPIS analyst Hanwei Wu tells pv magazine that module producers currently have limited ability to raise panel final prices, which is accelerating efforts to reduce silver use across all mainstream cell technologies.Solar module manufacturers are struggling to raise PV module prices despite higher production costs following a recent silver price surge, which hit a record $83.62 per ounce on Dec. 28. "It is challenging, if not impossible, to pass on the entire cost increase ...

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