One of the biggest challenges in the solar industry remains the negligible production of solar cells and wafers in the country.
ET RISE’s Post
More Relevant Posts
-
Good article on the solar industry from the Financial Times: "There's trade policy and then there's climate policy, and they aren't in sync," said Andres Gluski, chief executive of AES, one of the world's biggest developers of clean energy. "That is the problem". https://lnkd.in/gXUAameG What the article is missing is that where there are losers there is usually also a winner, sometimes in related fields. In this case for example project developers can benefit from significant lower solar module costs in some markets (where the cost reduction is not taken away by tariffs). Another addition to the article is that one has to distinguish the solar supply chain between the polysilicon market vs more downstream wafers and modules as each have different market cycles with different price cycles that are not in sync because it takes time and capital to build new factories and to react. For example, polysilicon hit a low in 2018, then low poly prices actually benefited module manufactures and so on. See more here: https://lnkd.in/dTv_GqJf Is it a secret that growth industries can be more cyclical as growth seems to attract more investments? Furthermore cyclical industries can offer excellent opportunities at the right point in time but the key is the supply side not the demand side. A classic book on this topic from Edward Chancellor: https://lnkd.in/dbJp2qMN #Solar #Opportunties
Can the solar industry keep the lights on?
ft.com
To view or add a comment, sign in
-
Today’s announcement of $1b of support for Australian domestic solar panel manufacturing is a strong signal of the government’s intention to support not just renewable generation but important parts of the renewable supply chain. No details have been released but our experience advising solar panel manufacturers such as GCL, Yingli Solar and Risen, suggests that the following issues will be critical in ensuring the government’s support results in a competitive and successful domestic industry: - Availability of and certainty of price for commodities (silica in particular has been subject to significant price volatility). - Building a sustainable long-term industry (offshore experience has shown that industry has sometimes distress after the initial government support has expired – particular where government support for manufacturers in other countries has resulted in a ‘double whammy’ effect). - Clarity as to standards and specifications, particularly to minimise ESG related issues within the supply chain (c.f., the qualification regime for Inflation Reduction Act support). - Availability of IP that is necessary for domestic industry to be competitive against international suppliers (c.f., the Chinese proposed bans on export of high-spec wafer tech in 2023). Thanks to my partners Anthony Patten, Calvin Ho and Hilary Lau for the chat tonight and sharing of their offshore experiences in this area.
PM pours $1b into solar panel manufacturing
afr.com
To view or add a comment, sign in
-
Time points out in this article, the strategic risks of being overly dependent on a strategic competitor for a significant energy source, citing Europe's experience with Russia's use of natural gas supplies as a political tool. These risks are what is driving many large scale solar buyers in the US to de-risk their solar panel supplies by partnering with transparent producers outside of China, with an emphasis on domestic producers for US buyers. The long term supply agreements these buyers are signing with companies like Qcells North America, and Meyer Burger Technology AG both ensure the buyers significant volumes of sustainably manufactured low carbon solar panels with transparent supply chains, they also support expansion in domestic solar. manufacturing, creating a virtuous circle. https://lnkd.in/ggzDmwC9
The True Cost of Chinese Solar Panels
time.com
To view or add a comment, sign in
-
Smarter European Union industrial policy for solar panels Accelerating solar deployment, stockpiling and diversifying imports would mitigate the threat to European economic security from solar PV imports “The EU has agreed in principle a non-binding 40 percent self-sufficiency benchmark for solar panels and other identified strategic technologies, to be approached or achieved by 2030. However, for the solar sector specifically, there is no strong economic justification for an import-substitution approach. Such a strategy risks increasing the costs of solar panels, slowing deployment and creating industries that are over-reliant on subsidies.” https://lnkd.in/eighhpWu
Smarter European Union industrial policy for solar panels
bruegel.org
To view or add a comment, sign in
-
PhD(Med) Holistic Health Consultant Functional Medicine Practitioner, published author Bahá’i Chaplain, Newcastle University, Australia. Living and working respectfully on Wonnarua and Awabakal Country.
A billion dollar investment is aimed at bringing solar manufacturing back to Australia, according to a recent article in The Conversation. Producing pure polysilicon is a difficult and expensive process, which needs to be scaled up to be profitable, with potential for exporting Australian manufactured high-grade polysilicon to overseas regions like the US and Europe. Better still, substituting this export product for exports of coal and gas. Further huge benefits will include job creation in regions where coal plants are being decommissioned, building a viable solar industry in Australia which could unlock other parts of the green economy, such as green hydrogen and green steel and aluminium. Smart and affirmative action by the government would allow us to take advantage of our exceptional Australian industrial talent and research expertise, to build a world-leading renewable energy industry that would help us to relinquish our dependence on fossil fuels. #solarenergytechnology #renewableenergy #renewableenergyindustry #renewableenergyfuture #environmentalsustainability #energyresearch #energyscience
Could spending a billion dollars actually bring solar manufacturing back to Australia? It’s worth a shot
theconversation.com
To view or add a comment, sign in
-
Many US solar factories are lagging. Except those China owns July 17 (Reuters) - Construction of U.S. solar-manufacturing plants by Chinese companies is surging, putting China in position to dominate the nascent industry, as other American factories struggle to compete despite federal subsidies. Chinese companies will have at least 20 gigawatts' worth of annual solar panel production capacity on U.S. soil within the next year, enough to serve about half the U.S. market, according to a Reuters analysis of corporate statements, government documents, and interviews with eight companies and researchers. https://lnkd.in/gZGc2fYX
Many US solar factories are lagging. Except those China owns
reuters.com
To view or add a comment, sign in
-
National governments, and the EU, need to decide if solar energy is a strategically important asset or not. The decisions being made now (or not being made now) are going to have far-reaching, long-term, consequences relating to everything from repair and maintenance, spare parts supply, and retention or loss) of European manufacturing expertise. As we have seen with gas supply, ignoring this situation does no one any good. https://lnkd.in/dfAe7BYj
Europe’s climate push fails to stem crisis in solar industry
japantimes.co.jp
To view or add a comment, sign in
-
President of Enlog Europe SA and EnlogEU GmbH, Technical Sales - Business Development Ulbrich of Austria GmbH
"The True Cost of Chinese Solar Panels", really well written article by TIME magazine: https://lnkd.in/ephSEHac As we look towards a sustainable future, it's not just about shifting away from fossil fuels; it's about recognizing the potential vulnerabilities even in renewable energy sources. The current scenario sees more than half of all Chinese solar exports directed to Europe, more than 90% of the installed modules in EU in 2023 came from China. The deliberate and planned overcapacity and pricing strategies (selling below cost-->"DUMPING") employed by China, are not just pushing the local industry towards insolvency; they are also posing a direct threat to the very foundation of the EU's energy independence. A plea to all stakeholders - importers, distributors, EPC, installers, end-users, legislators, and policymakers. Relying solely on inexpensive and discounted modules from China is not the path to achieving our renewable targets and minimizing energy costs. We risk repeating the mistakes of the past, akin to our dependence on Russian gas. It's time for a strategic shift towards sustainable and locally supported solutions.
The True Cost of Chinese Solar Panels
time.com
To view or add a comment, sign in
-
Developing and investing in the deployment of climate technologies into the global energy transition
"While Chinese solar panels may produce carbon-emissions-free energy, producing these panels is not so environmentally friendly. Coal, the dirtiest fossil fuel, accounts for a majority of China’s electricity generation. In Xinjiang Uyghur Autonomous Region, where the most energy-intensive step in the solar panel manufacturing process, polysilicon refining, is concentrated, coal accounts for 77% of power generation. As a result, a recent study found that solar panels manufactured in China produce 30% more greenhouse gas emissions than if this supply chain was reshored to the U.S."
The True Cost of Chinese Solar Panels
time.com
To view or add a comment, sign in
1,614 followers