English

News
Rising prices of copper, aluminum and raw materials lead to the decline of U.S. solar funds
May 23 , 2021

Since the outbreak of covid-19, the world has adopted quantitative easing policy to save all sectors of the world affected by the outbreak. This has led directly to the US dollar led currency. As a result, the prices of raw materials are increasing, and the futures prices of copper and aluminum have reached new highs one after another. Photovoltaic power generation, which belongs to the field of new energy, has also suffered from rising costs worldwide, with the price of exported solar modules rising by about 1-3.5 cents per watt.


In April this year, INVESCO solar ETF, which tracks Mac's global solar index, performed significantly worse than S & P 500 and Dow Jones industrial index. The Guggenheim solar ETF (tan) fell 8.7%, while the S & P 500 and Dow rose 3.4% and 2.7% respectively. Compared with December last year, the Guggenheim solar ETF (tan) was up 23.2%, while the standard & Poor's 500 index and the Dow Jones index were up only 2.6%.


            

                                                     

                                                         Tan fund trend in April 2021

     

As steel prices soared, the price of photovoltaic tracking equipment rose collectively; There is a shortage of containers, as well as truck drivers in the United States. In a short period of time, the logistics cost has risen sharply; The American EPC contractor has been fully loaded for a period of time, and the subsequent signing time is still delayed.


Kinsend has made a small price adjustment for the current rapid growth of raw materials for modules. The price of solar bracket and solar accessories has a direct impact on the raw materials In the future, if raw materials decline, we will also provide customers with competitive prices according to the situation of solarindustry. Hope customers can keep more contact with us and provide you with industry information.

         




                      

HOT PRODUCTS

Hot Sale Solar Mounting Solutions recommend for you

Ground Mounting System
Ground Mounting System Ground Screw W Type
Ground mounting system is made of aluminum to mount on concrete foundation or ground screws,Quick installation with large-scale ground photovoltaic system power station construction progress.
steel solar ground installation structure
C Steel Ground Moungting System C Rail
The steel solar ground installation structure is designed for large-scale commercial use on the ground and can be used with grounding screws or concrete bases.
Ground Mounting System _Sandy Area
Ground Mounting System _Sandy Area
Double blade ground screw foundation ground system, suitable for sandy environment, with strong structural stability,
Tile Roof Hook
Tile Roof Hook
Use universal stainless steel roof hook for tile roof rack mounting system,stainless roof hook installation with Self-tapping screw M6.3*80mm
Solar Roof Mounting System
Solar PV Mounting Tin Roof Hooks Aluminum L Feet Heightening type
Kensend's lengthened type L foot hook is widely used in PV systems in Korea and Europe for trapezoidal metal tin roof PV mounting systems.
Carport
Aluminum Solar Carport_N Type
Fast Installation Solar Carport Racking,The N-shaped structure is more streamlined, reducing the cost of the entire carport system and reducing obstruction to vehicles.
High Flexibility Carport Mounting System_W Type
High Flexibility Carport Mounting System_W Type
High suitability carport mounting system with panels horizontally layout , and solar installations in both waterproof and non waterproof carport structure are optional.
Tile hook
Tile Roof Mounting System
Solar Stainless Steel Hook ,Custom-made solar tile hooks based on tile specifications,They have adjustable and fixed tile hook type for choice.
Leave A Message
Leave A Message
If you are interested in our products and want to know more details,please leave a message here,we will reply you as soon as we can.

Home

Products

About

contact