23 Nov '11, 3am

Polysilicon Solar Cheapest Over Next 2 Years Say Analysts

Polysilicon Solar Cheapest Over Next 2 Years Say Analysts

The global supply of polysilicon is hurtling towards 500,000 tons by 2014, almost doubling today’s supply within 2 years, from 266,000 tons this year, analysts at Macquarie Group Ltd have told Bloomberg News . The ricochet in solar prices as demand and supply have in turn pushed and pulled at the solar PV market have created a dizzying seesaw over the last few years. Currently polysilicon prices are in a sheer drop, and taking out solar companies, not just in the US – like Evergreen and Solyndra were – but around the world. Even Chinese manufacturers are hurting. About 90 percent of China’s polysilicon plants may suspend production because of the price slump, Xie Chen, an analyst at the China Nonferrous Metals Industrial Association, which acts as a conduit between industry and government, told Bloomberg. The price drop hits smaller producers hardest, but with the enticeme...

Full article: http://cleantechnica.com/2011/11/22/polysilicon-solar-che...

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