The times in the solar industry are very exciting and pretty difficult at the same time: with 413GW annual installations worldwide, the latest edition of BloombergNEF´s 4Q 2023 Global PV Market Outlook points out that solar installations more than doubled in only 2 years. At the same time, with record-low prices for modules, being a manufacturer is becoming increasingly difficult, even though the demand for solar is hug and constantly growing. At COP28, state leaders agreed on tripling the share of renewable energies by 2030. At the same time, solar faces structural difficulties such as grid constraints, labor shortages, price cannibalization, looming trade wars and government regulations that don’t keep pace with the industry´s needs in order to accelerate solar deployment. About those astonishing and at the same time controverse developments, we spoke to Jenny Chase.

Timeline:

• 02:14 We saw at the latest numbers which BloombergNEF published that solar installations have more than doubled in the last two years. Will this skyrocketing development to go on like this until the end of this decade, or even forever?

Questions or suggestions? Then send us an email to [email protected]