The Chinese government recently released templates for long-term power purchase agreements for large solar power projects. This template can be used by any project developer looking to sell solar power to state utilities. The government also issued a similar template for wind energy projects. Most Chinese solar projects use crystalline silicon photovoltaic capturing technologies.
Weekly Renewables Prices
After falling 0.4 percent, silicon landed at CNY 14,000 ($2,266) per metric ton and making it the week’s biggest mover on the weekly Renewables MMI®. Closing at CNY 227,000 ($36,739) per metric ton, Chinese cobalt cathodes remained unchanged for the week. Neodymium remained essentially flat from the previous week at CNY 390,000 ($63,120) per metric ton. At CNY 3,600 ($582.64) per metric ton, the price of Chinese steel plate did not change since the previous week.
At JPY 76,000 ($741.14) per metric ton, the week finished with no movement for Japanese steel plate. Korean steel plate prices held steady from the previous week at KRW 900,000 ($867.14) per metric ton. Prices for Chinese steel plate remained constant, closing the week at CNY 3,600 ($582.64) per metric ton. Closing at $871.00 per short ton for the week, US steel plate rose by a slight 0.1 percent.
US grain-oriented electrical steel (GOES) was unchanged at $3,112 per metric ton.
The Renewables MMI® collects and weights 8 metal price points used extensively within the renewable energy industry to provide a unique view into renewable energy metal price trends. For more information on the Renewables MMI®, how it’s calculated or how your company can use the index, please drop us a note at: info (at) agmetalminer (dot) com.