Renewables market data points
Half the US renewables M&A deals in 2020 were with foreign buyers.
Green hydrogen currently costs between $3 and $6.55 a kilogram to make, according to a July 2020 report by the European Commission. Morgan Stanley estimates that even if the cost fell to $1 a kilogram, the price would still be $8 an mmBtu, or about three times the current price of natural gas that it would have to displace in order to have a significant market.
Utility-scale solar panels are expected to cost 28¢ to 29¢ a watt for H2 2022 deliveries, an increase of 2¢ to 3¢ a watt over earlier forecasts, assuming no US import tariff. Solar panels for residential solar systems generally cost 2¢ to 4¢ more than for utility-scale applications, according to Phil Shen with Roth Capital Partners.
China supplied nearly half of US lithium-ion battery imports in the last quarter of 2020.