MALAGA, SPAIN – Industry professionals will gather in Malaga, Spain, at the PV ModuleTech Europe 2024 conference next week to discuss the latest trends in purchasing solar photovoltaic (PV) modules. The third annual event, hosted by PV Tech Research, will address topics such as solar module technologies, pricing and the impact of environmental, social and governance (ESG) factors on module supplier selection.
The conference comes at a time when Europe is experiencing historically low prices for solar modules. According to Finlay Colville, head of research at PV-Tech, “the average sales price of modules is now routinely below ten euro cents per watt, levels never before seen in the sector.” This price is significantly lower than manufacturing costs in Asian markets, which supply more than 95 percent of Europe’s PV modules.
As solar manufacturers strive to reduce costs without sacrificing quality and reliability, the conference will explore how the industry is handling these challenges. Furthermore, with an increasing proportion of solar module purchasing in Europe being driven by large infrastructure investment funds, there is a growing emphasis on ESG standards. This change is causing greater transparency in supply chains and in companies that produce components.
Colville also points out the complexity of structuring supply contracts in Europe and says successful deals now involve a wide range of stakeholders. The PV ModuleTech conference will provide exclusive discussions from module buyers, sellers and third-party auditors on how to navigate this landscape.
PV Tech Research, part of Information (LON:) Markets Engineering and a leading source of in-depth research analysis on the solar PV supply chain, hosts the conference. Informa Markets Engineering is a subsidiary of Informa plc (LON:INF). The event is part of a series of conferences held four times a year around the world, bringing together key technologists and project developers.
The information in this article is based on a press release from Informa Markets Engineering.
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