l'Actualité du Solaire

The key point Lower prices in the industry are changing the behaviour of manufacturers and buyers (developers)

The overproduction of silicon from the fourth quarter of 2022 has reversed the trend in prices in the photovoltaic industry. Many manufacturers did not anticipate this phenomenon and continued to produce as before. However, when prices fall due to overproduction, buyer behaviour changes considerably. They avoid buying or they postpone their purchases because they know they will be able to obtain goods on better terms at a later date. This contributes to creating stocks and losses for manufacturers.

A look at falling prices in the PV sector

^1st important point The two major wafer manufacturers are having to adapt to the fall in silicon prices. The downturn is sharp.

LONGi cut its prices, immediately followed by TCL Zhonghuan

^2nd secondary point Solar energy production is reaching record levels in various European countries. Increasingly, this production is sufficient to satisfy all national consumption.

New records on European electricity markets

^3rd point (subsidiary) By joining forces with Norway's sovereign wealth fund, Iberdrola has the backing of one of the world's biggest financiers. This means almost infinite financial resources! and therefore unlimited capacity for construction expansion.

TheIberdrola - Norwegian Sovereign Wealth Fund Association

Other interesting points :

The Germans have made photovoltaics part of their routine.

3 million PV systems installed in Germany

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Is this the solution to the intermittent nature of renewable energies?

Sonnen uses heat pumps to stabilise the grid