4 FAQs about European PV panel inventory

Are Chinese-manufactured solar panels putting up in European warehouses?

Chinese-manufactured solar photovoltaic (PV) panels are piling up in European warehouses, with Rystad Energy forecasting 100 GWdc of solar capacity in storage by the end of 2023.

How many GW of PV modules are there in the EU?

The comments follow Norwegian consultancy firm Rystad Energy claiming there were 80 GW of PV modules stockpiled in EU warehouses at the end of August 2023, which is double their 40 GW estimation for the end of September 2023.

Can the EU revive solar PV Manufacturing in Europe?

The EU's opportunities are now aligned with the Clean Industrial Deal proposed by the EU Commission, which should help revitalize the Solar PV manufacturing in Europe, although more support measures will still be needed. Kivanc has been added to this edition of Sinovoltaics' Solar Supply Chain Map.

How much solar PV module excess inventory will China have in 2023?

“Even by taking the estimation of 100 GW of Chinese exports to the EU-27 by the end of 2023 and assuming 25% of the excess inventory (87.2 GW) will be the normal warehouse flow (around 22 GW), we are dealing with approximately 65 GW of solar PV module excess inventory for 2023,” Hoehner and Arfa said.

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