‘They all sell below their cost price’

In the second interview in a series held at Intersolar 2024, pv magazine spoke to Karen Tang, editor-in-chief for Europe at Singapore-based market research firm 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 also makes solar energy extremely competitive compared to all other energy sources. Tang also expects pressure on electricity and gas prices to continue this year.