June 6, 2008
By Ben Arnoldy, The Christian Science Monitor
Quartz, the raw material for solar panels, is one of the most abundant minerals on earth. But for years, the solar industry has faced a bottleneck in processing quartz into polysilicon, a principal material used in most solar panels. The problem stalled a steady decline in prices for solar panels.
Now the silicon shortage may be coming to an end, predict some solar analysts, thanks to new factories coming online.
If true, the price for solar panel modules could start falling by as much as a third by 2010, says Travis Bradford, president of the Prometheus Institute for Sustainable Development in Cambridge, Mass. That's good news for an industry that remains one of the most expensive power sources.
Global demand for solar panels is growing at about 50 percent per annum, says Mr. Bradford, but the polysilicon supply for solar will grow by 80 percent for each of the next couple of years.
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