This renewable energy stock could be the biggest beneficiary of solar glass shortage
Synopsis
An estimated 20-25% shortage of solar glass that is used in coating photovoltaic panels, has raised its price by more than two times in the past six months. Given the demand push is due to the fundamental factor of technological shift, the stock is likely to stay on investors’ radar despite the rapid rise.
ET Intelligence Group: Shares of Borosil Renewables, the only manufacturer of solar glass, have shot up ten times from the March 2020 lows following a global shortage in the product supply. The shortage is due to the shift of global solar panel makers towards bigger, bifacial panel technology which not only increases the panel life to 40 years from 25 years but also increases power output and glass requirement.An estimated 20-25% shortage of
- FONT SIZE
AbcSmall
AbcMedium
AbcLarge
Sign in to read the full article
You’ve got this Prime Story as a Free Gift
Yearly
(Save 49%)
₹2499
15
Days Trial
+Includes DocuBay and TimesPrime Membership worth ₹1499 & ₹999 resp.
2-Year
(Save 63%)
₹3599
15
Days Trial
+Includes DocuBay and TimesPrime Membership worth ₹1499 & ₹999 resp.
Already a Member? Sign In now
Why ?
-
Sharp Insight-rich, Indepth stories across 20+ sectors
Access the exclusive Economic Times stories, Editorial and Expert opinion
-
Clean experience with
Minimal Ads -
Comment & Engage with ET Prime community -
Exclusive invites to Virtual Events with Industry Leaders -
A trusted team of Journalists & Analysts who can best filter signal from noise
