PV ModuleTech Europe 2024: Key Trends in Solar Module Purchasing and ESG Impact

Upcoming Conference on Solar Photovoltaic Modules in Malaga, Spain

Industry experts will meet in Malaga, Spain, next week for the PV ModuleTech Europe 2024 conference. This event, organized by PV Tech Research, will focus on trends in solar photovoltaic (PV) module purchasing. Key topics include advancements in solar module technologies, current pricing strategies, and how environmental, social, and governance (ESG) standards affect supplier choices.

Europe is currently experiencing low prices for solar modules. Finlay Colville, Head of Research at PV-Tech, states that the average sales price for modules is now often below ten euro cents per watt. This is a historic low and significantly undercuts manufacturing costs in Asian markets, which supply more than 95 percent of Europe’s solar modules.

Manufacturers are tasked with reducing costs while maintaining quality and reliability. The conference will address how the industry is tackling these challenges. A notable trend is the increasing influence of large infrastructure investment funds on solar module purchasing in Europe. This shift emphasizes the need for transparency in supply chains and the production of components.

Colville highlights the complexity of supply contracts in Europe. Successful agreements now require collaboration among various stakeholders. At the PV ModuleTech conference, module buyers, sellers, and third-party auditors will share insights on managing these negotiations.

PV Tech Research, part of Informa Markets Engineering, hosts this conference. Informa Markets Engineering is a division of Informa plc. This event is part of a series held worldwide every year, bringing together leading technologists and project developers in the solar industry.