L R AS Published on Wednesday 20 April 2022 - n° 402 - Categories:News of the Month
This week's highlights, as of 17 April
The main pointis the upcoming increase in the price of panels.
The Chinese have figured out how to deal with the silicon shortage to increase panel prices: claim that more production is not possible, that there is a shortage of silicon during 2021, and then publish a 46% increase in panel production (according to official Chinese figures: Chinese production in 2021, by value and volume).For this to have been achieved, more silicon must have been produced because of losses at every stage of a panel's production. A little forced, a little chosen, the congestion of the ports will be mentioned in a few months, the time when the ships cannot leave the Chinese ports because of the quarantine in Shanghai and Ningbo. Already, JinkoSolar and the China Non-Ferrous Metal Association are warning that panel prices will rise. As the pandemic will only last a short time, the public is being prepared for further shortages of components essential to panel production (junction boxes, glass sheet, insufficient ethylene for the production of EVA, etc.). All it takes is a good organisation to ensure that the world is forced to pay much more for each panel. This is what will happen.
A look at the new surge in panel prices that is coming
Incidental point1: the pandemic is disrupting economic life in China. The authorities are relying on containment to stop the spread of covid 19, but the contagion is large and difficult to control. Arrival at the ports of Shanghai and Ningbo were blocked, with ships queuing up but unable to be loaded.
Road blockages and port congestion in China
2nd ancillary point: LevelTen gives an overview of the cheapest 25% of power purchase agreements in Europe. They differ by region
Evolution of power purchase agreements in Q1 2022
3rd point point (subsidiary) :
Bouygues wants to accelerate the construction of PV plants
Other interesting points :
Panels in Europe can have a VAT rate between 0 and 5%.
