Investor perspective
The urgency to mitigate climate change and the need for more energy independence in many countries will boost demand for renewable energy to unprecedented levels. Meanwhile, trade conflicts, the logistics crisis, and insufficient supplies of raw materials have disrupted supply chains for the past two years. This has resulted in higher prices for solar equipment, challenging the predictability of on-time delivery and the quality of products. Sebastian Petretschek, TÜV Rheinland’s global head of PV power plants, examines the key issues in module procurement for investors.
Investors are in a difficult position. On the one hand, there is the need to tackle on-time delivery as well as commercial aspects with priority. On the other, PV plants are expected to operate in the meantime for up to 40 years, in order to further reduce levelized costs of electricity (LCOE). Long-term reliability is …
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