Goldman Turns Cautious on Solar Sector [View article]
Solar is about to become a main energy source in the not to distant future. when polysilicon prices will come down substantially, total module manufacturing costs per Wattpeak will be around 1-1,50 USD. Some Chinese Modulmaker like Yingli have module processing costs of under 1 USD, and 75% of their total costs are silicon-costs! These raw material costs can be reduced dramatically when polysilicon becomes abundant. People do not understand that the learning curve of the PV Industry is incredible. I predict module prices of 1,5-2 USD/Wattpeak (Today above 4 USD) at the beginning of next decade. The social benefits of solar technology are unlimited as it will help us to mitigate climate change in the long run. Greetings from Germany
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Goldman Turns Cautious on Solar Sector [View article]
Some Chinese Modulmaker like Yingli have module processing costs of under 1 USD, and 75% of their total costs are silicon-costs!
These raw material costs can be reduced dramatically when polysilicon becomes abundant. People do not understand that the learning curve of the PV Industry is incredible. I predict module prices of 1,5-2 USD/Wattpeak (Today above 4 USD) at the beginning of next decade. The social benefits of solar technology are unlimited as it will help us to mitigate climate change in the long run.
Greetings from Germany