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Renewables/GOES MMI: Despite Slight GOES Supply Gut, U.S. Still Lacks Enough Transformers for Renewable Energy

Renewables/GOES MMI: Despite Slight GOES Supply Gut, U.S. Still Lacks Enough Transformers for Renewable Energy high-voltage-transformer-2

The Renewables MMI (Monthly Metals Index) witnessed more notable declines month-over-month than last month’s MMI, declining by 7.09%. Renewable energy news sources indicate there exists a number of renewable energy projects within the U.S. currently ready to begin work, but are on hold due to an array of factors. Furthermore, solar and wind fields still […]

Renewables MMI: Problematic Dependence on China for Silicon and Solar Panels?

Renewables MMI: Problematic Dependence on China for Silicon and Solar Panels? renewable energy, silicon, solar panels

The Renewables MMI (Monthly Metals Index) continued its slight downward trend month-on-month, dropping by 3.8%. Two large components of the index, silicon and cobalt prices, continue to experience drops due to lingering renewable energy supply bottlenecks from 2023. This, along with falling grain-oriented electrical steel prices, brought the index down Silicon for Solar Panels: A […]

Renewables MMI: Index Takes Dive as Renewable Energy Funds Waiver

Renewables MMI: Index Takes Dive as Renewable Energy Funds Waiver renewable resource news on MetalMiner

The Renewables MMI (Monthly Metals Index) slowed its decline and began flattening out. Overall, the index dropped a slight 0.36%, demonstrating sideways price action month-on-month. Most index components, such as silicon and cobalt, experienced minimal downward movement without much price volatility. However, renewable resource news sources also indicated several notable factors that could impact future […]

Renewables MMI: Is U.S. Renewable Energy Facing Backlash?

Renewables MMI: Is U.S. Renewable Energy Facing Backlash?

After several months of slight upward momentum, the Renewables MMI (Monthly Metals Index) broke the sideways-to-upward trend, declining by 8.89%. Neodymium dropping in price proved to be the main culprit for the index dropping. Every other component of the index either moved sideways or slightly down. Meanwhile, renewable energy news sources continue to keep their […]

Renewables/GOES MMI: The “Dirty” Business of Disposing of Solar Panels

Renewables/GOES MMI: The “Dirty” Business of Disposing of Solar Panels Solar Panel Waste. Renewable energy news

Numerous factors continue to pull at the Renewables MMI (Monthly Metals Index) as it moves through Q1. This past month, the index largely moved sideways, only exhibiting a slight upward movement of 1.66%. Meanwhile, renewable energy news indicated that metals like cobalt and silicon could remain in oversupply for some time. Moreover, expanding mining operations […]

Renewables/GOES MMI: U.S. Transformer Shortage Pain Continues into 2024

Renewables/GOES MMI: U.S. Transformer Shortage Pain Continues into 2024

The Renewables index began 2023 fairly sideways. However, it broke that trend in Q3 and Q4 when it edged downward. Numerous components of the index, including silicon and cobalt, experienced market oversupply. This caused prices to drop and pulled the index down with it. Grain oriented electrical steel also experienced market volatility in Q3 and […]

Renewables/GOES MMI: Index Drops & Green Energy Faces Challenges

Renewables/GOES MMI: Index Drops & Green Energy Faces Challenges

The Renewables MMI (Monthly Metals Index) took a noticeable dive month-over-month, dropping by 10.41%. Indeed, neodymium, cobalt, and steel plate all suffered drops in price, making them the main culprits for the index falling. Meanwhile, the latest renewable energy news sources suggest green initiatives could be in for a rocky ride in 2024. This is […]

Renewables/GOES MMI: Index Turns Down and Possible EV Trade War?

Renewables/GOES MMI: Index Turns Down and Possible EV Trade War? EU and China battle over battery technology

The Renewables MMI (Monthly Metals Index) remains volatile, especially when it comes to EV battery technology. Starting in August, the index experienced sharp up-and-down movements from month to month. Indeed, between October 1 and November 1, the index dropped 4.22%. Most index components, including grain-oriented electrical steel, dropped, with only a few managing to move […]

Renewables/GOES MMI: Index Goes Up, Lithium-Ion Battery Dilemmas

Renewables/GOES MMI: Index Goes Up, Lithium-Ion Battery Dilemmas

The Renewables MMI (Monthly Metals Index) saw a welcome boost month-on-month, rising 6.27%. Grain-oriented electrical steel, silicon, and neodymium were the main factors that increased the index, while the lithium-ion battery market remains a point of contention. In the case of silicon, futures initially rose back in June due to production cuts within China, the […]

Renewables MMI: Grain-Oriented Electrical Steel Prices Skyrocket

Renewables MMI: Grain-Oriented Electrical Steel Prices Skyrocket electrical steel, steel plate prices

Month-over-month, the Renewables MMI (Monthly Metals Index) ended up dropping significantly by 11.16%. The main culprit for this was cobalt prices dropping significantly in August, despite prices flattening again in the beginning of September. Steel plate prices also found support as of September 6th. Most other components of the index moved sideways or slightly up, […]

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