Featured in Embracing change – 02-2024

Oversupply could sink plans for EU solar

The plunge in solar panel prices caused by a global glut of PV products is threatening the European Union’s efforts to re-establish its own solar and energy storage manufacturing base.

By

pv magazine

08 Feb 2024

Solar manufacturers had solid margins for two years but are facing tighter returns through 2024. Distributors and installers in downstream solar businesses are affected by high inventories that face having their value written off due to falling panel prices, putting some companies at risk. Raw material prices fell due to oversupply, igniting a downstream price …

This article is part of pv+

Subscribe digitally to unlock exclusive investigative reporting, expert insights, in-depth analysis, and premium background coverage. Your subscription also includes full access to the digital edition of our magazine.