Featured in Tipping point – 11-2023

Weathering the storm

Oversupply may be calamitous for module pricing but there is a well of ambition within a distribution sector than can still see opportunity on the other side of a crisis.
BayWa re has put its distribution arm, Solar Trade, on the market. | Photo: BayWa re

Module prices plummeted in 2023, inevitably inviting comparisons to the industry’s last big market shock. In 2009, a combination of production overcapacity, a global financial crisis, and the collapse of the Spanish PV market led to job losses and bankruptcies in the years that followed. It’s not an experience anyone is in a hurry to …

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