• CERAWEEK
  • March 10 - 14, 2025

Francesco d’Avack

IHS Markit

Senior Analyst, Global Renewables

Francesco d’Avack, Senior Analyst, Global Renewables, IHS Markit, focuses on renewable power markets worldwide and in particular on solar technologies. His responsibilities include coordination of global renewable power deliverables such as long-term forecasts, cost projections, and asset ownership league tables. He also assists with scenario analysis and provides support for multiclient studies. Before joining IHS Markit, Mr d’Avack worked for Capgemini, a consultancy, and for Bloomberg New Energy Finance, where he has analyzed global solar markets. Mr d’Avack holds a Bsc from the London School of Economics and a master’s degree from Sciences Po Paris. He speaks English, German, French, and Italian.

Sessions With Francesco d’Avack

Thursday, 12 March

  • 07:30am - 08:40am (CST) / -

    How PV Competes in a Low Cost, Low Revenue Environment?

    Clean Tech
    Utility-scale solar PV accounted for 20% of power capacity additions last year, growing from virtually nothing at the beginning of the century to over 270 GW of installed capacity in 2019. Solar power plants are expected to grow faster than any other technology, with installations to at least double again by 2030. At the same time, costs for newly installed systems have plummeted, driven by continuous innovations in the supply chain and fierce competition among developers owing to the phaseout of direct subsidies and the introduction of competitive tenders. Will the supply chain be able to deliver on expectations of further cost reductions? How can companies stay competitive in an extremely low-price tender environment? What is the reality behind “zero-subsidy” bids in recent solar auctions? How can developers deal with the risks of value erosion through revenue cannibalization in merchant markets?