European storage inventories on the rise

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EUPD Research analyst Ali Arfa expects rising European battery-storage inventories to pressure prices for residential and commercial/industrial systems. Utility-scale battery prices are expected to remain broadly stable, while China is likely to retain its dominant position in the global battery supply chain over the next two years.

In an interview with pv magazine, Ali Arfa, analyst at EUPD Research, said China’s dominance of the global battery supply chain is unlikely to change significantly over the next two years. He expects rising inventories to put pressure on residential and C&I storage prices in Europe, while utility-scale battery prices should remain broadly stable. The post European storage inventories on the rise appeared first on pv magazine Global.