Prices for solar base material at record high

Prices for polycrystalline silicon, the raw material for solar modules, have risen to a ten-year high in China. One kilogram now costs $40. Prices have thus tripled since the beginning of 2021, after declining for years, as Bloomberg reports. The cause is considered to be the increasing demand caused by the solar boom in the People’s Republic (China.Table reported), which now exceeds supply. According to the report, there have also been production stoppages in recent weeks as power for polysilicon factories has been rationed.