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Solar-driven silver demand may have peaked in 2019

A report by London-based CRU Consulting suggests demand for silver for photovoltaic applications probably peaked in 2019 at 100 million ounces, with demand from 2020 through 2030 expected to average 81Mozpa.

Solar-driven silver demand may have peaked in 2019 Solar-driven silver demand may have peaked in 2019 Solar-driven silver demand may have peaked in 2019 Solar-driven silver demand may have peaked in 2019 Solar-driven silver demand may have peaked in 2019

CRU says demand for silver for PV cells probably peaked in 2019, though long-term stable demand seems assured

CRU says in a report commissioned by The Silver Institute about 11% of total silver fabrication demand went to PV cell production in 2019.