The level of solar stock held by European module manufacturers has almost halved since October 2023, says InfoLink’s Alan Tu. Module prices have tumbled amid an oversupply situation and many countries are beginning to push harder toward 2030 renewable energy targets. That’s good news for installations but means a more difficult environment for the continent’s PV manufacturers to navigate.
Some manufacturers considered expanding the module supply chain in Europe in 2023 but the number of projects in place is close to zero in 2024.
Photo: Meyer Burger
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