L R AS Published on Monday 9 October 2023 - n° 460 - Categories:News of the Month
This week's highlights for 8 October
Highlight :
The photovoltaic crisis in Europe is a direct consequence of the installation of new production capacity in China. To avoid keeping too much in stock, Chinese manufacturers have forced European importers to make major purchases in excess of the market's capacity to absorb them. This has resulted in a doubling of supply in 2022. In 2023, imports could also reach twice the level of installations. This has been combined with a fall in prices, which has led to the asphyxiation of European producers unable to compete with particularly low prices. As a result, importers have had to pay a price for the fall in prices. This follows the extra costs imposed by the Chinese during the covid by refusing to import foreign silicon, causing the closure of many factories around the world.
The actions of the Chinese during the recent period should be mentioned, as they have cost Europe several tens of billions of dollars in damage or financial losses. This calls for vigilance.
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. A look at the European price paid to China in PV
1st important point Unsold panels are piling up in European warehouses, allowing the Chinese to produce more.
. Unsold panels: 46 GW by the end of 2022; 80 GW by the end of August; 100 GW by the end of 2023?
2nd point . 40% of panels are unsold, which is significant.
. Women in the photovoltaic sector
3rd point (subsidiary) :
Other points of interest : .
. In September, Central Europe was particularly hit by radiation
. Politicians and companies mobilise to protect the German PV industry
