Only5mins! – PV system prices could drop by around 10% in Europe in 2023
Andreas Thorsheim, the CEO of Norway-based residential solar specialist Otovo, speaks to pv magazine about solar array prices, current market trends for distributed storage, and shortages of qualified professionals.
Acquisition activity in Europe remains heated
The European solar market saw around 11 GW of projects, and pipelines change hands in 2019. The positive trend is expected to last, as investors remain optimistic about the future of the industry. Project acquisition activity is seen as a key indicator of financial health in many sectors, including the PV market. It reflects optimism among investors and points to a particularly high degree of liquidity, writes IHS Markit analyst Martina Assereto.
