Sonepar – Sonepar: A key player in the global push for renewables and energy efficiency in buildings

Electricity and buildings: short-term cycles – long-term ambitions

The market in electrical equipment and systems for buildings can be cyclical. This has been well illustrated in recent times, particularly for the residential segment. Just a few years ago, energy prices had rocketed and inflation was at its highest for many years. Suddenly, it seemed that everyone wanted to install photovoltaic panels (PVs), with manufacturers building capacity in response. But now, interest rates have risen to counter inflation, energy prices have fallen back – and investment in buildings and demand for PVs has fallen, with overcapacity in supply undergoing a correction.

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