Solar grade polysilicon: Difficult to produce, expensive to buy, essential to have

Polysilicon is at the heart of the solar revolution as an essential metal to produce PV solar modules. Since the beginning of the pandemic, polysilicon prices have been on an upward trend and are expected to continue the trajectory until the end of this year. This price increase has affected solar module manufacturing costs and caused turbulence across the solar value chain. Furthermore, recent sanctions from the US towards China are putting more pressure on the global trade flows and increasing the risk of supply disruptions. This insight aims to demystify the current situation in the global polysilicon market.