L R AS Published on Sunday 21 January 2024 - n° 472 - Categories:News of the Month
This week's news for 21 January 2024 (no. 472)
Highlight :
In 2023, falling solar panel prices have boosted demand. Demand is estimated at between 412 GW and 455 GW, an increase of 53% over 2022.
Lower prices have boosted internal rates of return on projects. However, the market has had to contend with a shortage of manpower, changes in the regulatory environment, and the growing demand for solar power.
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1st important point :
The figures are alarming: the entire European industry is bankrupt. Despite this situation, not a single voice is being heard to save the manufacturers.
The catastrophic situation of the European PV industry
2nd point :
On the one hand, panel prices have fallen until now. Prices will soon rise again as a result of higher freight rates.
Panel prices are set to rise again
3rd point (subsidiary) :
If these figures are correct, there can be no revival of European industry in a context of free trade. Only customs protection can protect companies in their start-up phase.
Comparing production costs between China, Europe and the USA
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Other interesting points :
The company's managers realised that European leaders would not dare intervene on their behalf. As a result, the company's survival requires it to move to a protected location in order to grow and strengthen. Our politicians do not even look at these examples of protection. Migration is therefore the only solution to survival.
Faced with competition from China, Meyer Burger prefers to take refuge in America
