Why is there a shortage of photovoltaic materials?
We are currently experiencing a difficult situation due to the great lack of materials and solar panels are not far behind, as there is already a shortage of photovoltaic material. Why does this happen?
Let’s see the factors that cause this situation:
Polycrystalline silicon shortage: It is used to manufacture the photovoltaic cells that make up a solar panel. After the Covid19 in 2020, production was reduced and movements were limited, slowing down the deliveries of materials. In addition, floods in regions of China and accidents in the summer of 2020, in the most important polysilium factories, aggravated this situation.
Solar glass deficiency: It represents 20% of the composition of a solar panel. When in China, in the crisis of 2008, government subsidies were given for all kinds of materials manufacturing, solar glass began to be mass-produced. When the Chinese government eliminates these aid, production begins to decline, causing excess demand over supply. In addition, new solar panels appear on the market, the bifacial ones, which require a greater amount of solar glass to be produced.
Silver Price Increase: Each plate can hold approximately 20 grams of silver. The conductive capacity of this metal, the highest of its kind, makes it ideal for the photovoltaic industry. In addition to the rise in demand, its price is increased due to the lack of production due to the pandemic.
Problems in maritime transport: After opening the borders, there was a collapse in the port terminals for loading and unloading and in the sea lanes, one of them the Suez Canal. All this has been delaying the arrival of materials to their destination areas.
Increased demand: Caused by greater environmental awareness, subsidies for installations and consumption of solar energy to save against the rise in light.
Currently there is a lack of solar panels and the demand continues to rise. KW Solutions is prepared for this setback, because in our warehouse we have one of the largest stocks in Andalusia.