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Solar glass provider profits topped US$1.25 billion in 2020, but sudden price falls loom
By Carrie Xiao
Prices for glass have remained high early in 2021. Image: AGC.
After witnessing solar prices stabilise and cell prices fall last week, glass prices have also started to contract. After taking off in H2 2020, the solar glass market would appear to now be gradually cooling off.
The latest glass price monitoring updates released by EnergyTrend showed that the current price for 2.0mm coated PV module glass was RMB31/㎡ (US$4.73), down 6.06%. The price of 3.2mm glass was RMB40/㎡ (US$6.11), down 6.98%.
Players throughout the PV supply chain who had suffered at the hands of continuously rising prices were feeling somewhat relieved by the price reduction. Excessive demands in H2 2020 had spurred the price of solar glass to rise by over 70%. Confronted by such scarce glass supply, module manufacturers were at a loss.
December 21, 2020
Exposé GmbH/AdobeStock
Climate change, the Paris Agreement and talk of saving the planet have, for many years, been highly politicized topics. Viewpoints have differed greatly, and few have been willing to risk relationships with customers, vendors and others to take a stance on the issue. Major industries such as construction, building materials and heavy machinery, until now, were relatively quiet on the issue.
Taking steps to reduce greenhouse gas emissions to lower the global temperature increase, as the Paris Agreement aims to do to limit global warming well below 2° Celsius and as close to 1.5° Celsius as possible have long been considered a political move. Few in the manufacturing and industrial sectors world have been willing to rock the boat and publicly embrace the Paris Agreement. When it comes to the concrete and cement industry, some have questioned the need to change. After all, concrete is the most used building material, second o