Solar Surplus: California's Renewable Energy Dilemma
Via Metal Miner The Renewable MMI (Monthly Metals Index) slowed in terms of bearish price action, moving sideways and dropping 2.66%. Meanwhile, cobalt prices suffered another huge price drop, mainly due to weak demand and oversupply pulling the index down more than up. According to renewable energy news sources, the market could experience more metal price volatility due to several factors. Steel plate prices dropped in the past month amid somewhat weak demand. This could work in the favor of wind turbine projects purchasing steel plate. On the…
