‘They are all selling below their cost prices’

In the second interview in a series held at Intersolar 2024, pv magazine spoke with Karen Tang, editorial director for Europe at Singapore-based market research company OPIS, about the strong pressure on prices across all segments, including the downstream business. She defined the current market situation as “unhealthy” and “bleak” for the PV industry, although she acknowledged that overcapacity is also making solar extremely competitive compared to all other energy sources. Tang also expects pressure on electricity and gas prices to continue this year.

June 24, 2024 Jonathan Gifford

Karen Tang and pv magazine editor at large Jonathan Gifford at pv magazine booth at Intersolar 2024

Image: pv magazine

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