The impact of the Ukraine-Russia war on the photovoltaic industry

At 10:00 on February 24, Beijing time, Russian President Vladimir Putin said that he had decided to conduct a special military operation in the Donbas region of eastern Ukraine. Immediately afterwards, explosions were heard in the Boryspil Airport area in Kiev, the capital of Ukraine, in Kiev, Odessa, Kharkov, Kramatorsk and Berdyansk, marking the Russian and European countries in the European region. The conflict between the two countries has escalated in an all-round way. The whole of Ukraine is in a state of war.

Ukraine has a high proportion of the neon, xenon, and krypton gas markets, and the conflict will make some special gas production facilities inoperable or damaged.
These special gases are important raw materials for some electronic special gases used in semiconductors, and semiconductor products are also important raw materials for photovoltaic manufacturing products such as inverters.

Although we have no idea what kind of situation this international war will end in, Ukraine, which is in it, will inevitably suffer heavy economic losses. Among them, neon, krypton and xenon, which play an important role in the semiconductor industry It will definitely not be able to supply normally in the future.

And with the escalation of the conflict between the two countries, the price of gold has risen significantly. The main raw material of the more common silver paste products used in solar energy is silver powder, which is linked to the London silver price. There is no news of a broad-based rise in silver prices yet. Therefore, in the short term, there is no sign of silver paste prices rising.

The impact of the Russia-Ukraine incident on oil prices has also led to an increase in container transportation costs to a certain extent. The price index of container shipping will not drop in the short term, the overall shipping capacity will continue to be strengthened, and the container shipping supply chain will be in a tight situation.

On the other hand, the start of this round of local war between Russia and Ukraine will have a certain positive impact on the acceleration of new energy to replace traditional energy. Energy prices soared again due to the Russian-Ukrainian incident, such as natural gas in Europe. The local natural gas dependence in Europe is very high, reaching 90%. Therefore, at this moment when the price of natural gas is soaring, more industrial, power and heating users who are accustomed to using natural gas will seek safer ways to solve their needs. The replacement of new energy sources such as solar energy will be accelerated.