Silver Used In Solar Panels

Silver is expensive producers are looking for alternative sources.

Silver used in solar panels.

Average solar panels are about 1 8 square meters in size and use about 20 grams or 0 643 troy ounces of physical silver. Future silver price increases could have a detrimental impact both on the production costs of solar panels and the burgeoning solar industry worldwide. The continued growing demand for 999 fine silver bullion coins and bars used 28 of the world s 2015 silver supply. Silver is an important part of the solar panel industry.

In fact more than half of the world s silver is actually used for industrial purposes as it is used in x rays low e windows and even solar panels. As it turns out even solar energy wouldn t. How much silver gets used in a solar panel. It is estimated that to date about 45 50 billion ounces or about 1 5 million tons of silver were.

This fact makes possible silver substitutes such as copper and nickel phosphide inferior to the silver used most often in solar panels and batteries.