Silver Too Expensive for Solar Panel Manufacturers

Precious Metals

Reuters reported that rising silver prices are making the metal too costly for use in solar panels.

Reuters reported that rising silver prices are making the metal too costly for use in solar panels.

As quoted in the market news:

About a tenth of the solar industry’s raw material costs are contributed by silver, which has the highest electrical conductivity of any element, allowing it to soak up all the electrons generated in solar cells. It is by far the industry’s biggest expense besides cell base material polysilicon.

Click here to read the full Reuters report.

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