After two years of the impact of the epidemic, Intersolar Europe opened again this year. Observed the exhibition, it was obvious that the number of participants was higher than in previous years, and the European market was hot with inquiries. From this year to the first half of next year, the first-line vertical integration manufacturers were basically full of orders, and some small terminal manufacturers were unable to purchase from the solar cable manufacturers.
When it comes to solar cable, we are looking for the supply of solar cable manufacturers, and the hot inquiries are also reflected in the spot price. With the addition of exchange rate influence factors, the current European market price is rising rapidly, and the spot price has reached more than 0.28-0.30 US dollars per watt.
IntersolarEurope 2022 has come to a close. This year, under the influence of the Russian-Ukrainian war, the impact of energy transition in Europe has changed immediately. Energy prices in Europe are rising rapidly. This exhibition shows that the market has begun to demand growth, prices, and component projects. There has been a change.
The huge impact of residential electricity prices will also rapidly stimulate the growth of distributed photovoltaics. In southern Europe, large-scale ground power plants are the bulk. Overall, European solar cable demand is expected to increase to a level of about 40-50GW this year.
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