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Power Electronics stagnates its sales due to the increase in photovoltaic raw materials

The manufacturer of energy storage equipment stagnated its turnover in 2021, at 442 million, due to the situation in the photovoltaic sector, but assures that it will be able to transfer that activity this year and trusts the new electric car division.

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Power Electronics stagnates its sales due to the increase in photovoltaic raw materials

The manufacturer of energy storage equipment stagnated its turnover in 2021, at 442 million, due to the situation in the photovoltaic sector, but assures that it will be able to transfer that activity this year and trusts the new electric car division.

The increase in raw material costs particularly affects the photovoltaic sector and its entire value chain. This is reflected in the accounts of Power Electronics, a Valencian company that manufactures energy storage elements.


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