Featured in Winter Edition – Gold standard – 12-2023

Competition heats up

Oversupply is hitting some solar manufacturers hard but grid constraints and labor shortages are unlikely to hold the solar industry back in 2024.

By

pv magazine

05 Dec 2023

Falling module prices have spurred demand in 2023. Projects postponed or canceled in 2022 have resumed construction and new projects have taken shape smoothly. Module demand in 2023 is expected to hit 412 GW to 455 GW, up 53% year on year.While module shipments increased, Europe and Brazil were hit by inventory pileups in 2023. …

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