Red Sea tensions set to drive up solar module prices

The costs of transporting a container from China to Rotterdam have already almost tripled due to ongoing tensions in the Red Sea and the Gulf of Aden. Houthi militants have been attacking merchant ships there for weeks, preventing them from entering the Red Sea and transiting through the Suez Canal.From pv magazine Germany The prices of solar modules in all technological classes were lowered slightly again at the end of 2023. This is probably the last time this will happen over the long term and only affects in-stock items already in Europe. PV modules that first have to be shipped or are still ...

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