According to Bloomberg NEF estimates, solarpanels with the power capacity of 1 gigawatt of electricity will need about 18.5 tons of silver, 3,380 tons of polysilicon and 10,252 tons of aluminum. Coming off a record year despite the pandemic, the US solar industry will likely be one of the leading drivers of silver demand. Installations grew 43% year over year in 2020, reaching a record 19.2 gigawatts of new capacity. By 2030, solar installations are expected to quadruple from current levels*, according to a report from the Solar Energy Industries Association and Wood Mackenzie.*
Related article: 5 good reasons to be bullish on electrification metals – Ahead of the Herd
2. Solar demand is going to increase.
Stars are lining up well bodes extremely well for HPQ and PYR Purevap QRR and NSiR as they can produce domestically. Silicon prices have climbed to around $4,000 a tonne, the highest on record, from levels below $2,000 a tonne at the start of Q4 last year.
Related article: https://www.reuters.com/business/energy/solar-industry-demand-raises-temperature-silicon-market-2021-09-21/
3. PUREVAP
PUREVAP NANO NSiR is going to be also spectacular 67% increased production rate recently now with fumed silica yet another multi billion dollar business line.
Also 2N+ purity is more than enough for EV batteries via NSiR. Fumed Silica market is massive...much bigger than most realize.
As Bernard stated, all sorts of claims at lab scale but commercializing at low cost has not been achieved by anyone to date to make it viable. Bernard also recently stated they are 5 years ahead of anyone IF they had a Pyrogenesis which they do not.
Purevap NSiR reactor to produce @ $10-20/kg graphite pricing for the EV battery market but could very well get a premium as the capacity, density etc is significantly increased. No one to date can achieve this price pt.
Plus don't forget other applications like silicon nano-powders medicinal delivery etc. could go for way higher prices. Those sub 100nm could really have lot of high value $$$ applications.
Pyrogenesis tech and engineering has already proven they can scale. PYR CEO stated numerous times they are highly confident they will scale Purevap
Purevap QRR reactor gives an obscene advantage as cheap quartz feedstock can be transformed into 2-4N silicon in one step....this alone puts us leaps and bounds ahead of anyone trying. QRR is gunning for low boron 4-5N purity Si which would be mind boggling incredible to do this in 1 step from cheap quartz feedstock.
Gen3 QRR will up in running in Q4 which is days away :)