On December 10, the spot price of silver continued to rise sharply, reaching another record high. According to Wind News data, the current price of London silver hit 60.911 US dollars/ounce, with an increase of more than 110% during the year; COMEX silver simultaneously set a new historical record, reaching a high of 61.435 US dollars/ounce, an increase of 109% during the year. The continued surge in silver prices is putting significant cost pressure on the PV industry. According to data from the World Silver Association, global photovoltaic silver consumption is expected to reach 7,560 tons in 2025, doubling from three years ago, accounting for more than 25% of total silver demand. For enterprises, in addition to cost pressure, supply-side pressure is also prominent. According to data from the World Silver Association, the global silver supply and demand gap is expected to reach 3,659 tons in 2025, which is equivalent to 4 months of global production. Faced with this difficult situation, photovoltaic companies are actively seeking technological breakthroughs in removing banks from multiple dimensions. Shanghai Aixu Renewable Energy Co., Ltd. said at the results briefing for the third quarter of this year that many years ago, the company pioneered the development and introduction of copper interconnection technology in mass production at the Zhuhai base based on predicting the industry's banking bottlenecks. At a time when silver prices have repeatedly reached new highs, the cost reduction advantage is even more prominent.

Zhitongcaijing · 1d ago
On December 10, the spot price of silver continued to rise sharply, reaching another record high. According to Wind News data, the current price of London silver hit 60.911 US dollars/ounce, with an increase of more than 110% during the year; COMEX silver simultaneously set a new historical record, reaching a high of 61.435 US dollars/ounce, an increase of 109% during the year. The continued surge in silver prices is putting significant cost pressure on the PV industry. According to data from the World Silver Association, global photovoltaic silver consumption is expected to reach 7,560 tons in 2025, doubling from three years ago, accounting for more than 25% of total silver demand. For enterprises, in addition to cost pressure, supply-side pressure is also prominent. According to data from the World Silver Association, the global silver supply and demand gap is expected to reach 3,659 tons in 2025, which is equivalent to 4 months of global production. Faced with this difficult situation, photovoltaic companies are actively seeking technological breakthroughs in removing banks from multiple dimensions. Shanghai Aixu Renewable Energy Co., Ltd. said at the results briefing for the third quarter of this year that many years ago, the company pioneered the development and introduction of copper interconnection technology in mass production at the Zhuhai base based on predicting the industry's banking bottlenecks. At a time when silver prices have repeatedly reached new highs, the cost reduction advantage is even more prominent.