Spot prices for polysilicon bottomed at $6.30/kg in mid-2020 and have jumped 600% to $36.09/kg as of last week Bank of America: Perhaps the cost of polysilicon and ultimately solar panels will continue to move higher over the years The cost of going green is about to become more expensive as polysilicon prices are erupting and will likely remain elevated due to factory shutdowns in China . Polysilicon is a superrefined form of silicon used in solar panels for its semiconductor-like material properties. Spot prices for polysilicon bottomed at $6.30/kg in mid-2020 and have jumped 600% to $36.09/kg as of last week, according to BloombergNEF. China is a top producer of polysilicon. The latest factory shutdowns of energy-intensive factories, such as ones that refine silicon, have resulted in declining output that will affect global supply. Countries, in a rush, to greenify their economies are increasing demand for solar panels […]