Climate Changed
Solar Companies Are Scrambling to Find a Critical Raw Material
- Prices for polysilicon have spiked 35% in four months
- ‘We don’t have direct control on those raw materials’
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Solar manufacturers are being battered by higher costs and smaller margins after an unexpected shortage of a critical raw material.
Prices of polysilicon, the main component of photovoltaic cells, spiked as much as 35 percent in the past four months after environmental regulators in China shut down several factories.