Polish PV feels impact of war in Ukraine
It appeared that 2022 would be another impressive year for PV investment in Poland. However, Russian aggression in Ukraine has been a game-changer. Unprecedented price increases, uncertainty in financial markets regarding investment in a “frontline” country, and more serious material and labor availability issues than during the pandemic have conspired to darken the mood. Piotr Mrowiec of Rödl & Partner examines the tools available to investors and contractors developing PV projects in Poland, to ensure that they do not suffer losses on their investments.
Even before the war, both investors and contractors in the PV space pointed to the drastic increase in prices of individual components: transformer stations, cables of various cross-sections, support structures, and finally modules and inverters. The war in Ukraine put even stronger pressure on prices, and a ban on imports of iron and steel products …
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