The return of global PV manufacturing
A successful initial public offering on the Istanbul stock exchange this year proved that a business model with an emphasis on solar cell and module manufacturing outside of China or Southeast Asia can find the backing of institutional investors. The landmark finance deal gives fresh shine to the ongoing discussions about the chances of re-establishing the crystalline silicon solar value chain in Europe.
Ever since the demise of former PV manufacturing heavyweights in Europe such as Q-Cells and SolarWorld – as well as the Bosch abandonment of its €2 billion ($2.06 billion) investment in PV manufacturing in Germany – institutional investors have avoided the risk of business plans that involved large-scale PV manufacturing in Europe.Yet in 2022, the …
Advertisement
Advertisement
Advertisement
Advertisement