L R AS Published on Monday 18 December 2023 - n° 470 - Categories:News of the Month
Highlights of the week to 17 December
Highlight :
. Everything should be in place for a year of very strong growth in photovoltaic installations in 2024, with falling panel prices reducing the cost of construction. The new year should confirm the exceptional growth rate of 2023. This was the most predictable, and the most likely, given the competition between panel manufacturers fighting each other to sell their products.
Despite this high probability, European and global research consultancies are claiming that the world is entering a period of low installation and even stagnation for several years. This seems paradoxical.
Is there a backlash against the electrification of the world? Are we waiting for the new generation of panels to replace TOPCon? Are there physical, moral, political or environmental constraints on installations? Is there a backlash against the recent environmental movement? Is this just caution at the start of the year?
. A look at forecasts for slow future growth in PV installations
1st important point :
. Is it caution? Is it the emergence of obstacles that are still poorly perceived? The organisation is cautious about the next three years.
. SolarPower Europe forecasts growth of 10% to 15% a year over three years.
2nd secondary point :
. Will there still be room for a 20% drop in the price of solar electricity in seven years?
. Photovoltaic LCOE is set to fall by around 20% between now and 2030.
3rd point (subsidiary) :
. China has two faces: a formidable industrial machine, especially in photovoltaics; and overcapacity in the equipment used to produce too much, with falling prices. Which aspect will win out in 2024?
. The difficulties facing the Chinese PV industry
. A detailed overview of photovoltaics (industrial and installation) in China
Other interesting points : .
. Expected 55% growth in installations in the United States by 2023
. PV installations in Europe in 2023 + forecasts + findings
. Current situation in the sector: sharp fall in the price of P
