Solar power's decade of falling costs is thrown into reverse

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Solar power's decade of falling costs is thrown into reverse

The Straits Times2021-05-24

SINGAPORE (BLOOMBERG) - A key selling point that made solar energy the fastest-growing power source in the world-rapidly decreasing costs-has hit a speed bump. Solar module prices have risen 18 per ...

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DZJ1976
·2021-05-24
When it gets cold the best energy is thermal. XoM, PSX, SHLX, OXY get it boys! [齜牙] [得意] [得意] [財迷] [財迷] [財迷]
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OkkunLee
·2021-05-24
lol fake photo
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dandan_4896
·2021-05-24
Platinum Movie Suites showtimes are only from Fridays to Sundays, unless otherwise stated. For your safety, the provision of blankets and pillows, as well as the Complimentary Welcome Platter, will be discontinued for the time being.
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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSolar power's decade of falling costs is thrown into reverse\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-24 15:44 GMT+8&nbsp;&nbsp;&nbsp;<a href=http://www.straitstimes.com/business/economy/solar-powers-decade-of-falling-costs-is-thrown-into-reverse><strong>The Straits Times</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SINGAPORE (BLOOMBERG) - A key selling point that made solar energy the fastest-growing power source in the world-rapidly decreasing costs-has hit a speed bump.\nSolar module prices have risen 18 per ...</p>\n\n<a href=\"http://www.straitstimes.com/business/economy/solar-powers-decade-of-falling-costs-is-thrown-into-reverse\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"http://www.straitstimes.com/business/economy/solar-powers-decade-of-falling-costs-is-thrown-into-reverse","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2137180397","content_text":"SINGAPORE (BLOOMBERG) - A key selling point that made solar energy the fastest-growing power source in the world-rapidly decreasing costs-has hit a speed bump.\nSolar module prices have risen 18 per cent since the start of the year after falling by 90 per cent over the previous decade. The reversal, fuelled by a quadrupling in the cost of the key raw material polysilicon, threatens to delay projects and slow uptake of solar power just as several major governments are finally throwing their weight behind it in an effort to slow climate change.\n\"The disruption to solar hasn't been this bad in more than a decade,\" said Ms Jenny Chase, lead solar analyst with clean energy research group BloombergNEF.\n\"Developers and governments are going to have to stop expecting solar to get much cheaper quickly.\"\nBNEF slightly lowered its forecast for solar buildout this year in a report last week, citing rising prices of materials including polysilicon as one reason.\nHigher prices are affecting demand and may delay some large-scale projects, panel-maker Canadian Solar said on an earnings call on Thursday.\nIn India, about 10 gigawatts of projects may be impacted, equivalent to more than a quarter of the country's current capacity, Mint reported, citing unnamed developers.\nLarge-scale projects in the United States could also get postponed, analysts at Cowen & Co. said.\nProjects that haven't signed price agreements with utilities that buy the power might get delayed unless the customer is willing to pay a higher rate for the electricity, according to Wood Mackenzie analyst Xiaojing Sun.\nFor the solar industry, the timing couldn't be worse. Renewable energy finally has a champion in the White House and ambitious climate goals have been announced across Europe and Asia.\nAt the centre of the crisis is polysilicon, an ultra-refined form of silicon, one of the most abundant materials on Earth that's commonly found in beach sand. As the solar industry geared up to meet an expected surge in demand for modules, makers of polysilicon were unable to keep up.\nPrices for the purified metalloid have touched US$25.88 (S$34.46) a kilogram, from US$6.19 less than a year ago, according to PVInsights.\nPolysilicon prices are expected to remain strong through the end of 2022, according to Roth Capital Partners analysts including Philip Shen.\nAnd the problem isn't limited to polysilicon. The solar industry is facing \"pervasive upstream supply-chain cost challenges,\" panel manufacturer Maxeon Solar Technologies said in April.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":131807930,"gmtCreate":1621842776020,"gmtModify":1704363142214,"author":{"id":"3577517502415911","authorId":"3577517502415911","name":"OkkunLee","avatar":"https://static.tigerbbs.com/bcbaeff4224b1cff1df9af71571cce78","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3577517502415911","authorIdStr":"3577517502415911"},"htmlText":"lol fake photo","listText":"lol fake photo","text":"lol fake photo","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/131807930","repostId":2137180397,"repostType":4,"repost":{"id":"2137180397","kind":"news","pubTimestamp":1621842266,"share":"https://ttm.financial/m/news/2137180397?lang=&edition=fundamental","pubTime":"2021-05-24 15:44","market":"sg","language":"en","title":"Solar power's decade of falling costs is thrown into reverse","url":"https://stock-news.laohu8.com/highlight/detail?id=2137180397","media":"The Straits Times","summary":"SINGAPORE (BLOOMBERG) - A key selling point that made solar energy the fastest-growing power source ","content":"<div>\n<p>SINGAPORE (BLOOMBERG) - A key selling point that made solar energy the fastest-growing power source in the world-rapidly decreasing costs-has hit a speed bump.\nSolar module prices have risen 18 per ...</p>\n\n<a href=\"http://www.straitstimes.com/business/economy/solar-powers-decade-of-falling-costs-is-thrown-into-reverse\">Web Link</a>\n\n</div>\n","source":"straits_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Solar power's decade of falling costs is thrown into reverse</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSolar power's decade of falling costs is thrown into reverse\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-24 15:44 GMT+8&nbsp;&nbsp;&nbsp;<a href=http://www.straitstimes.com/business/economy/solar-powers-decade-of-falling-costs-is-thrown-into-reverse><strong>The Straits Times</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SINGAPORE (BLOOMBERG) - A key selling point that made solar energy the fastest-growing power source in the world-rapidly decreasing costs-has hit a speed bump.\nSolar module prices have risen 18 per ...</p>\n\n<a href=\"http://www.straitstimes.com/business/economy/solar-powers-decade-of-falling-costs-is-thrown-into-reverse\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"http://www.straitstimes.com/business/economy/solar-powers-decade-of-falling-costs-is-thrown-into-reverse","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2137180397","content_text":"SINGAPORE (BLOOMBERG) - A key selling point that made solar energy the fastest-growing power source in the world-rapidly decreasing costs-has hit a speed bump.\nSolar module prices have risen 18 per cent since the start of the year after falling by 90 per cent over the previous decade. The reversal, fuelled by a quadrupling in the cost of the key raw material polysilicon, threatens to delay projects and slow uptake of solar power just as several major governments are finally throwing their weight behind it in an effort to slow climate change.\n\"The disruption to solar hasn't been this bad in more than a decade,\" said Ms Jenny Chase, lead solar analyst with clean energy research group BloombergNEF.\n\"Developers and governments are going to have to stop expecting solar to get much cheaper quickly.\"\nBNEF slightly lowered its forecast for solar buildout this year in a report last week, citing rising prices of materials including polysilicon as one reason.\nHigher prices are affecting demand and may delay some large-scale projects, panel-maker Canadian Solar said on an earnings call on Thursday.\nIn India, about 10 gigawatts of projects may be impacted, equivalent to more than a quarter of the country's current capacity, Mint reported, citing unnamed developers.\nLarge-scale projects in the United States could also get postponed, analysts at Cowen & Co. said.\nProjects that haven't signed price agreements with utilities that buy the power might get delayed unless the customer is willing to pay a higher rate for the electricity, according to Wood Mackenzie analyst Xiaojing Sun.\nFor the solar industry, the timing couldn't be worse. Renewable energy finally has a champion in the White House and ambitious climate goals have been announced across Europe and Asia.\nAt the centre of the crisis is polysilicon, an ultra-refined form of silicon, one of the most abundant materials on Earth that's commonly found in beach sand. As the solar industry geared up to meet an expected surge in demand for modules, makers of polysilicon were unable to keep up.\nPrices for the purified metalloid have touched US$25.88 (S$34.46) a kilogram, from US$6.19 less than a year ago, according to PVInsights.\nPolysilicon prices are expected to remain strong through the end of 2022, according to Roth Capital Partners analysts including Philip Shen.\nAnd the problem isn't limited to polysilicon. The solar industry is facing \"pervasive upstream supply-chain cost challenges,\" panel manufacturer Maxeon Solar Technologies said in April.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":131805160,"gmtCreate":1621842516450,"gmtModify":1704363139148,"author":{"id":"3576232257279797","authorId":"3576232257279797","name":"dandan_4896","avatar":"https://static.tigerbbs.com/d8b00e27a4dd6f248e38c3d78f21f188","vip":1,"crmLevel":2,"crmLevelSwitch":1,"idStr":"3576232257279797","authorIdStr":"3576232257279797"},"htmlText":"Platinum Movie Suites showtimes are only from Fridays to Sundays, unless otherwise stated. For your safety, the provision of blankets and pillows, as well as the Complimentary Welcome Platter, will be discontinued for the time being.","listText":"Platinum Movie Suites showtimes are only from Fridays to Sundays, unless otherwise stated. For your safety, the provision of blankets and pillows, as well as the Complimentary Welcome Platter, will be discontinued for the time being.","text":"Platinum Movie Suites showtimes are only from Fridays to Sundays, unless otherwise stated. For your safety, the provision of blankets and pillows, as well as the Complimentary Welcome Platter, will be discontinued for the time being.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/131805160","repostId":2137180397,"repostType":4,"repost":{"id":"2137180397","kind":"news","pubTimestamp":1621842266,"share":"https://ttm.financial/m/news/2137180397?lang=&edition=fundamental","pubTime":"2021-05-24 15:44","market":"sg","language":"en","title":"Solar power's decade of falling costs is thrown into reverse","url":"https://stock-news.laohu8.com/highlight/detail?id=2137180397","media":"The Straits Times","summary":"SINGAPORE (BLOOMBERG) - A key selling point that made solar energy the fastest-growing power source ","content":"<div>\n<p>SINGAPORE (BLOOMBERG) - A key selling point that made solar energy the fastest-growing power source in the world-rapidly decreasing costs-has hit a speed bump.\nSolar module prices have risen 18 per ...</p>\n\n<a href=\"http://www.straitstimes.com/business/economy/solar-powers-decade-of-falling-costs-is-thrown-into-reverse\">Web Link</a>\n\n</div>\n","source":"straits_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Solar power's decade of falling costs is thrown into reverse</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSolar power's decade of falling costs is thrown into reverse\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-24 15:44 GMT+8&nbsp;&nbsp;&nbsp;<a href=http://www.straitstimes.com/business/economy/solar-powers-decade-of-falling-costs-is-thrown-into-reverse><strong>The Straits Times</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SINGAPORE (BLOOMBERG) - A key selling point that made solar energy the fastest-growing power source in the world-rapidly decreasing costs-has hit a speed bump.\nSolar module prices have risen 18 per ...</p>\n\n<a href=\"http://www.straitstimes.com/business/economy/solar-powers-decade-of-falling-costs-is-thrown-into-reverse\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"http://www.straitstimes.com/business/economy/solar-powers-decade-of-falling-costs-is-thrown-into-reverse","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2137180397","content_text":"SINGAPORE (BLOOMBERG) - A key selling point that made solar energy the fastest-growing power source in the world-rapidly decreasing costs-has hit a speed bump.\nSolar module prices have risen 18 per cent since the start of the year after falling by 90 per cent over the previous decade. The reversal, fuelled by a quadrupling in the cost of the key raw material polysilicon, threatens to delay projects and slow uptake of solar power just as several major governments are finally throwing their weight behind it in an effort to slow climate change.\n\"The disruption to solar hasn't been this bad in more than a decade,\" said Ms Jenny Chase, lead solar analyst with clean energy research group BloombergNEF.\n\"Developers and governments are going to have to stop expecting solar to get much cheaper quickly.\"\nBNEF slightly lowered its forecast for solar buildout this year in a report last week, citing rising prices of materials including polysilicon as one reason.\nHigher prices are affecting demand and may delay some large-scale projects, panel-maker Canadian Solar said on an earnings call on Thursday.\nIn India, about 10 gigawatts of projects may be impacted, equivalent to more than a quarter of the country's current capacity, Mint reported, citing unnamed developers.\nLarge-scale projects in the United States could also get postponed, analysts at Cowen & Co. said.\nProjects that haven't signed price agreements with utilities that buy the power might get delayed unless the customer is willing to pay a higher rate for the electricity, according to Wood Mackenzie analyst Xiaojing Sun.\nFor the solar industry, the timing couldn't be worse. Renewable energy finally has a champion in the White House and ambitious climate goals have been announced across Europe and Asia.\nAt the centre of the crisis is polysilicon, an ultra-refined form of silicon, one of the most abundant materials on Earth that's commonly found in beach sand. As the solar industry geared up to meet an expected surge in demand for modules, makers of polysilicon were unable to keep up.\nPrices for the purified metalloid have touched US$25.88 (S$34.46) a kilogram, from US$6.19 less than a year ago, according to PVInsights.\nPolysilicon prices are expected to remain strong through the end of 2022, according to Roth Capital Partners analysts including Philip Shen.\nAnd the problem isn't limited to polysilicon. The solar industry is facing \"pervasive upstream supply-chain cost challenges,\" panel manufacturer Maxeon Solar Technologies said in April.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":20,"commentSize":3,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}