Solar leaders at Intersolar 2023: “Lower module prices benefit buyers, but don’t create demand”



at Intersolar in Munich pv magazine spoke with BloombergNEF solar analyst Jenny Chase about falling solar module prices, oversupply, European market bottlenecks and labor issues. According to Chase, lower panel prices will not immediately create demand, and manufacturers should prepare to deal with very low margins. He also said that we can expect to see more consolidation in the industry, and bankruptcies of uncompetitive producers may be inevitable.

David is a passionate writer and researcher who specializes in solar energy. He has a strong background in engineering and environmental science, which gives him a deep understanding of the science behind solar power and its benefits. David writes about the latest developments in solar technology and provides practical advice for homeowners and businesses who are interested in switching to solar.

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