Swiss solar industry fears end of boom period

Swiss solar panel company Mons Solar has filed for bankruptcy as the domestic industry faces a reduction in state subsidies. +Get the most important news from Switzerland in your inbox With the coronavirus pandemic and the energy crisis a few years ago, the market for solar systems experienced a veritable boom. Figures from the industry association Swissolar show that last year, over 300,000 solar systems were connected to the grid in Switzerland - around 55,000 more than the previous year. + Five unusual places to install solar panels in Switzerland Where there's high demand, there's also plenty of supply, says Matthias Egli, Managing Director of Swissolar, the Swiss solar energy association. The industry has grown by around 50% annually over several years. Numerous new companies have joined, and up to 60,000 systems are now being installed annually. This puts the expansion of renewable energies on track. The construction of solar power plants is politically desired and therefore ... Full story here Are you the author? Previous post See more for 3.) Swissinfo Business and Economy Next post
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