AS Published on Monday 20 March 2023 - n° 437 - Categories:PV Watch
A look at the consequences for photovoltaics of the failure of a US bank
The rise in interest rates has already led to the failure of several American banks, which are seeing their investments in Treasury bonds depreciate. One of them, the Silicon Valley Bank, the 16th largest in the United States, has fallen victim to social networks. As it was internationalised, it is passing on its failure to banks in different countries which will suffer losses. At the same time, the banking world will be temporarily more cautious, more careful about borrowers, more demanding about credit conditions. Photovoltaics will lose out.
Read next:
You can read the entire article by subscribing or spending credits.
Sign inBuy credits or subscribe
