IRA, energy transition to spur Western silicon metal product “The competition for silicon metal is going to be enormous,” he said.
Global investment in new solar production is expected to overtake that for new oil production in 2023, reaching $382 billion, according to the IEA, up from $127 billion in 2013.
Silicon metal prices, as assessed by Fastmarkets, have also increased markedly in the past decade, though solar has continued to represent a relatively minor end use for the material.
IRA, energy transition to spur Western silicon metal production and consumption - Fastmarkets