A slew of recent M&A announcements coupled with suspended manufacturing in Germany's solar PV supply sector underlines a rapid industry shakeout. Production overcapacity and continued cuts to incentive schemes has forced undercapitalized European manufacturers to divest assets, creating opportunities for large industrial groups and foreign players to improve and anchor their positions by picking up sales channels and new technologies on the base of a reduced number of competitors. Key trends in this On Point include: Demand volatility rattles supplier strategies. Flexibility and downstream integration remains the last option for struggling suppliers. Selective PV manufacturing investors handpick assets.
A slew of recent M&A announcements coupled with suspended manufacturing in Germany's solar PV supply sector underlines a rapid industry shakeout. Production overcapacity and continued cuts to incentive schemes has forced undercapitalized European manufacturers to divest assets, creating opportunities for large industrial groups and foreign players to improve and anchor their positions by picking up sales channels and new technologies on the base of a reduced number of competitors. Key trends in this On Point include: