{"id":223869,"date":"2025-05-14T09:45:00","date_gmt":"2025-05-14T13:45:00","guid":{"rendered":"https:\/\/ibkrcampus.com\/campus\/?p=223869"},"modified":"2025-05-15T03:35:45","modified_gmt":"2025-05-15T07:35:45","slug":"not-much-sun-in-munich","status":"publish","type":"post","link":"https:\/\/www.interactivebrokers.com\/campus\/traders-insight\/securities\/macro\/not-much-sun-in-munich\/","title":{"rendered":"Not much sun in Munich"},"content":{"rendered":"\n

It seemed in keeping with the current mood that when your author and several thousand other people attended this year\u2019s Intersolar conference<\/a>, the sky was grey, with an absence of sun. With geopolitical tensions, a belligerent US President and lingering questions over what caused Iberia\u2019s recent energy blackout, few of the visitors may even have noticed the ten-degree temperatures braved in Munich. None would have needed the free samples of sun cream handed out. The beer tent, however, did seem busier than usual.<\/p>\n\n\n\n

What was perhaps most evident from this year\u2019s event (see notes from prior visits here<\/a> and here<\/a>) was the significance of China\u2019s presence<\/strong>, markedly higher than in the past. The country\u2019s vendors filled almost two of the six halls dedicated to solar (visitors can also learn about electric vehicles and battery storage at the event). There seemed to be clear evidence of product discounting<\/strong>, as if players from the country were seeking to seize the opportunity and capitalise on America\u2019s currently more uncertain global role. They were, however, not the only ones, with Indian and Turkish vendors also highly visible.<\/p>\n\n\n\n

These businesses are clearly onto something. It was obvious to your author from the conversations he had that imported fossil fuels are no longer the preferred option in Europe<\/strong>, for multiple obvious reasons. Beyond striking deals with foreign vendors, there seemed to be a growing recognition that Europe needs to develop its own solar industry<\/strong>. Domestic solar manufacturing and production in the Eurozone would naturally lower risks for project vendors. Policies such as the Net Zero Industry Act and the Eurozone Clean Industrial Deal were seen as helpful. Plans are apparently afoot for multi-phase, highly automated wafer-to-module production plants in Spain, France, Italy and Sweden. How these will be funded, of course, is another matter. Other industry participants stressed the need for tax credits and training<\/strong>.<\/p>\n\n\n\n

The other topic that occurred with regularity was the growing realisation of the importance of batteries and other energy storage solutions<\/strong>, particularly in light of the recent problems witnessed in Spain and Portugal. The energy storage market is growing at a faster rate in Europe than any other global region, albeit from a lower base<\/strong>. Participants with whom we spoke recognised that there is a need to learn from the mistakes<\/a> of Northvolt. The future is likely to be one of collaboration <\/em>with South Korean, Japanese and American vendors (there appeared to be more hesitancy around Chinese partners). Think of storage as part of the journey towards energy autonomy<\/strong>. Or, as one conference attendee put it, \u201ctariffs have toppled everything.\u201d<\/p>\n\n\n\n

Please note, the Future Trends Blog will be taking a brief holiday (in Scotland) next week and will return towards the end of May.<\/em><\/p>\n\n\n\n

—<\/p>\n\n\n\n

Originally Posted on May 14, 2025 – Not much sun in Munich<\/a><\/p>\n\n\n\n

The above does not constitute investment advice and is the sole opinion of the author at the time of publication. Past performance is no guide to future performance and the value of investments and income from them can fall as well as rise.<\/strong><\/em><\/p>\n\n\n\n

Disclaimers<\/strong><\/p>\n\n\n\n

The document is provided for information purposes only and does not constitute investment advice or any recommendation to buy, or sell or otherwise transact in any investments. The document is not intended to be construed as investment research. The contents of this document are based upon sources of information which Heptagon Capital LLP believes to be reliable. However, except to the extent required by applicable law or regulations, no guarantee, warranty or representation (express or implied) is given as to the accuracy or completeness of this document or its contents and, Heptagon Capital LLP, its affiliate companies and its members, officers, employees, agents and advisors do not accept any liability or responsibility in respect of the information or any views expressed herein. Opinions expressed whether in general or in both on the performance of individual investments and in a wider economic context represent the views of the contributor at the time of preparation<\/strong>. Where this document provides forward-looking statements which are based on relevant reports, current opinions, expectations and projections, actual results could differ materially from those anticipated in such statements. All opinions and estimates included in the document are subject to change without notice and Heptagon Capital LLP is under no obligation to update or revise information contained in the document. Furthermore, Heptagon Capital LLP disclaims any liability for any loss, damage, costs or expenses (including direct, indirect, special and consequential) howsoever arising which any person may suffer or incur as a result of viewing or utilising any information included in this document. <\/p>\n\n\n\n

The document is protected by copyright. The use of any trademarks and logos displayed in the document without Heptagon Capital LLP\u2019s prior written consent is strictly prohibited. Information in the document must not be published or redistributed without Heptagon Capital LLP\u2019s prior written consent. <\/p>\n\n\n\n

Heptagon Capital LLP, 63 Brook Street, Mayfair, London W1K 4HS
tel +44 20 7070 1800
email london@heptagon-capital.com <\/p>\n\n\n\n

Partnership No: OC307355 Registered in England and Wales Authorised & Regulated by the Financial Conduct Authority <\/p>\n\n\n\n

Heptagon Capital Limited is licenced to conduct investment services by the Malta Financial Services Authority.<\/p>\n\n\n\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

It seemed in keeping with the current mood that when your author and several thousand other people attended this year\u2019s\u00a0Intersolar conference, the sky was grey, with an absence of sun.<\/p>\n","protected":false},"author":597,"featured_media":223877,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":true,"footnotes":""},"categories":[5,18,6,8,9,26,3],"tags":[19458,19457,19459,19456,19460],"contributors-categories":[13720],"class_list":{"0":"post-223869","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-europe-middle-east-africa","8":"category-macro","9":"category-north-america","10":"category-region","11":"category-securities","12":"category-text-articles","13":"category-traders-insight","14":"tag-battery-storage-growth","15":"tag-china-solar-dominance","16":"tag-european-energy-strategy","17":"tag-intersolar-2025","18":"tag-net-zero-industry-act","19":"contributors-categories-heptagon-capital"},"pp_statuses_selecting_workflow":false,"pp_workflow_action":"current","pp_status_selection":"publish","acf":[],"yoast_head":"\nNot much sun in Munich | Traders' Insight<\/title>\n<meta name=\"description\" content=\"It seemed in keeping with the current mood that when your author and several thousand other people attended this year\u2019s\u00a0Intersolar conference, the...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.interactivebrokers.com\/campus\/wp-json\/wp\/v2\/posts\/223869\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Not much sun in Munich | IBKR Campus US\" \/>\n<meta property=\"og:description\" content=\"It seemed in keeping with the current mood that when your author and several thousand other people attended this year\u2019s\u00a0Intersolar conference, the sky was grey, with an absence of sun.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.interactivebrokers.com\/campus\/traders-insight\/securities\/macro\/not-much-sun-in-munich\/\" \/>\n<meta property=\"og:site_name\" content=\"IBKR Campus US\" \/>\n<meta property=\"article:published_time\" content=\"2025-05-14T13:45:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-05-15T07:35:45+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.interactivebrokers.com\/campus\/wp-content\/uploads\/sites\/2\/2025\/05\/EU-solar-featured-img.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1000\" \/>\n\t<meta property=\"og:image:height\" content=\"563\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Alexander Gunz\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Alexander Gunz\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\n\t \"@context\": \"https:\\\/\\\/schema.org\",\n\t \"@graph\": [\n\t {\n\t \"@type\": \"NewsArticle\",\n\t \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/traders-insight\\\/securities\\\/macro\\\/not-much-sun-in-munich\\\/#article\",\n\t \"isPartOf\": {\n\t \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/traders-insight\\\/securities\\\/macro\\\/not-much-sun-in-munich\\\/\"\n\t },\n\t \"author\": {\n\t \"name\": \"Alexander Gunz\",\n\t \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/#\\\/schema\\\/person\\\/72521bc0f55176f001b1080f6e98bcd9\"\n\t },\n\t \"headline\": \"Not much sun in Munich\",\n\t \"datePublished\": \"2025-05-14T13:45:00+00:00\",\n\t \"dateModified\": \"2025-05-15T07:35:45+00:00\",\n\t \"mainEntityOfPage\": {\n\t \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/traders-insight\\\/securities\\\/macro\\\/not-much-sun-in-munich\\\/\"\n\t },\n\t \"wordCount\": 886,\n\t \"commentCount\": 0,\n\t \"publisher\": {\n\t \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/#organization\"\n\t },\n\t \"image\": {\n\t \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/traders-insight\\\/securities\\\/macro\\\/not-much-sun-in-munich\\\/#primaryimage\"\n\t },\n\t \"thumbnailUrl\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/wp-content\\\/uploads\\\/sites\\\/2\\\/2025\\\/05\\\/EU-solar-featured-img.jpg\",\n\t \"keywords\": [\n\t \"battery storage growth\",\n\t \"China solar dominance\",\n\t \"European energy strategy\",\n\t \"Intersolar 2025\",\n\t \"Net Zero Industry Act\"\n\t ],\n\t \"articleSection\": [\n\t \"Europe, the Middle East and Africa\",\n\t \"Macro\",\n\t \"North America\",\n\t \"Region\",\n\t \"Securities\",\n\t \"Text Articles\",\n\t \"Traders' Insight\"\n\t ],\n\t \"inLanguage\": \"en-US\",\n\t \"potentialAction\": [\n\t {\n\t \"@type\": \"CommentAction\",\n\t \"name\": \"Comment\",\n\t \"target\": [\n\t \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/traders-insight\\\/securities\\\/macro\\\/not-much-sun-in-munich\\\/#respond\"\n\t ]\n\t }\n\t ]\n\t },\n\t {\n\t \"@type\": \"WebPage\",\n\t \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/traders-insight\\\/securities\\\/macro\\\/not-much-sun-in-munich\\\/\",\n\t \"url\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/traders-insight\\\/securities\\\/macro\\\/not-much-sun-in-munich\\\/\",\n\t \"name\": \"Not much sun in Munich | IBKR Campus US\",\n\t \"isPartOf\": {\n\t \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/#website\"\n\t },\n\t \"primaryImageOfPage\": {\n\t \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/traders-insight\\\/securities\\\/macro\\\/not-much-sun-in-munich\\\/#primaryimage\"\n\t },\n\t \"image\": {\n\t \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/traders-insight\\\/securities\\\/macro\\\/not-much-sun-in-munich\\\/#primaryimage\"\n\t },\n\t \"thumbnailUrl\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/wp-content\\\/uploads\\\/sites\\\/2\\\/2025\\\/05\\\/EU-solar-featured-img.jpg\",\n\t \"datePublished\": \"2025-05-14T13:45:00+00:00\",\n\t \"dateModified\": \"2025-05-15T07:35:45+00:00\",\n\t \"description\": \"It seemed in keeping with the current mood that when your author and several thousand other people attended this year\u2019s\u00a0Intersolar conference, the sky was grey, with an absence of sun.\",\n\t \"inLanguage\": \"en-US\",\n\t \"potentialAction\": [\n\t {\n\t \"@type\": \"ReadAction\",\n\t \"target\": [\n\t \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/traders-insight\\\/securities\\\/macro\\\/not-much-sun-in-munich\\\/\"\n\t ]\n\t }\n\t ]\n\t },\n\t {\n\t \"@type\": \"ImageObject\",\n\t \"inLanguage\": \"en-US\",\n\t \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/traders-insight\\\/securities\\\/macro\\\/not-much-sun-in-munich\\\/#primaryimage\",\n\t \"url\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/wp-content\\\/uploads\\\/sites\\\/2\\\/2025\\\/05\\\/EU-solar-featured-img.jpg\",\n\t \"contentUrl\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/wp-content\\\/uploads\\\/sites\\\/2\\\/2025\\\/05\\\/EU-solar-featured-img.jpg\",\n\t \"width\": 1000,\n\t \"height\": 563\n\t },\n\t {\n\t \"@type\": \"WebSite\",\n\t \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/#website\",\n\t \"url\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/\",\n\t \"name\": \"IBKR Campus US\",\n\t \"description\": \"Financial Education from Interactive Brokers\",\n\t \"publisher\": {\n\t \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/#organization\"\n\t },\n\t \"potentialAction\": [\n\t {\n\t \"@type\": \"SearchAction\",\n\t \"target\": {\n\t \"@type\": \"EntryPoint\",\n\t \"urlTemplate\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/?s={search_term_string}\"\n\t },\n\t \"query-input\": {\n\t \"@type\": \"PropertyValueSpecification\",\n\t \"valueRequired\": true,\n\t \"valueName\": \"search_term_string\"\n\t }\n\t }\n\t ],\n\t \"inLanguage\": \"en-US\"\n\t },\n\t {\n\t \"@type\": \"Organization\",\n\t \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/#organization\",\n\t \"name\": \"Interactive Brokers\",\n\t \"alternateName\": \"IBKR\",\n\t \"url\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/\",\n\t \"logo\": {\n\t \"@type\": \"ImageObject\",\n\t \"inLanguage\": \"en-US\",\n\t \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/#\\\/schema\\\/logo\\\/image\\\/\",\n\t \"url\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/wp-content\\\/uploads\\\/sites\\\/2\\\/2024\\\/05\\\/ibkr-campus-logo.jpg\",\n\t \"contentUrl\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/wp-content\\\/uploads\\\/sites\\\/2\\\/2024\\\/05\\\/ibkr-campus-logo.jpg\",\n\t \"width\": 669,\n\t \"height\": 669,\n\t \"caption\": \"Interactive Brokers\"\n\t },\n\t \"image\": {\n\t \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/#\\\/schema\\\/logo\\\/image\\\/\"\n\t },\n\t \"publishingPrinciples\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/about-ibkr-campus\\\/\",\n\t \"ethicsPolicy\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/cyber-security-notice\\\/\"\n\t },\n\t {\n\t \"@type\": \"Person\",\n\t \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/#\\\/schema\\\/person\\\/72521bc0f55176f001b1080f6e98bcd9\",\n\t \"name\": \"Alexander Gunz\",\n\t \"url\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/author\\\/alexander-gunz\\\/\"\n\t }\n\t ]\n\t}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Not much sun in Munich | Traders' Insight","description":"It seemed in keeping with the current mood that when your author and several thousand other people attended this year\u2019s\u00a0Intersolar conference, the...","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.interactivebrokers.com\/campus\/wp-json\/wp\/v2\/posts\/223869\/","og_locale":"en_US","og_type":"article","og_title":"Not much sun in Munich | IBKR Campus US","og_description":"It seemed in keeping with the current mood that when your author and several thousand other people attended this year\u2019s\u00a0Intersolar conference, the sky was grey, with an absence of sun.","og_url":"https:\/\/www.interactivebrokers.com\/campus\/traders-insight\/securities\/macro\/not-much-sun-in-munich\/","og_site_name":"IBKR Campus US","article_published_time":"2025-05-14T13:45:00+00:00","article_modified_time":"2025-05-15T07:35:45+00:00","og_image":[{"width":1000,"height":563,"url":"https:\/\/www.interactivebrokers.com\/campus\/wp-content\/uploads\/sites\/2\/2025\/05\/EU-solar-featured-img.jpg","type":"image\/jpeg"}],"author":"Alexander Gunz","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Alexander Gunz","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/ibkrcampus.com\/campus\/traders-insight\/securities\/macro\/not-much-sun-in-munich\/#article","isPartOf":{"@id":"https:\/\/ibkrcampus.com\/campus\/traders-insight\/securities\/macro\/not-much-sun-in-munich\/"},"author":{"name":"Alexander Gunz","@id":"https:\/\/ibkrcampus.com\/campus\/#\/schema\/person\/72521bc0f55176f001b1080f6e98bcd9"},"headline":"Not much sun in Munich","datePublished":"2025-05-14T13:45:00+00:00","dateModified":"2025-05-15T07:35:45+00:00","mainEntityOfPage":{"@id":"https:\/\/ibkrcampus.com\/campus\/traders-insight\/securities\/macro\/not-much-sun-in-munich\/"},"wordCount":886,"commentCount":0,"publisher":{"@id":"https:\/\/ibkrcampus.com\/campus\/#organization"},"image":{"@id":"https:\/\/ibkrcampus.com\/campus\/traders-insight\/securities\/macro\/not-much-sun-in-munich\/#primaryimage"},"thumbnailUrl":"https:\/\/www.interactivebrokers.com\/campus\/wp-content\/uploads\/sites\/2\/2025\/05\/EU-solar-featured-img.jpg","keywords":["battery storage growth","China solar dominance","European energy strategy","Intersolar 2025","Net Zero Industry Act"],"articleSection":["Europe, the Middle East and Africa","Macro","North America","Region","Securities","Text Articles","Traders' Insight"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/ibkrcampus.com\/campus\/traders-insight\/securities\/macro\/not-much-sun-in-munich\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/ibkrcampus.com\/campus\/traders-insight\/securities\/macro\/not-much-sun-in-munich\/","url":"https:\/\/ibkrcampus.com\/campus\/traders-insight\/securities\/macro\/not-much-sun-in-munich\/","name":"Not much sun in Munich | IBKR Campus US","isPartOf":{"@id":"https:\/\/ibkrcampus.com\/campus\/#website"},"primaryImageOfPage":{"@id":"https:\/\/ibkrcampus.com\/campus\/traders-insight\/securities\/macro\/not-much-sun-in-munich\/#primaryimage"},"image":{"@id":"https:\/\/ibkrcampus.com\/campus\/traders-insight\/securities\/macro\/not-much-sun-in-munich\/#primaryimage"},"thumbnailUrl":"https:\/\/www.interactivebrokers.com\/campus\/wp-content\/uploads\/sites\/2\/2025\/05\/EU-solar-featured-img.jpg","datePublished":"2025-05-14T13:45:00+00:00","dateModified":"2025-05-15T07:35:45+00:00","description":"It seemed in keeping with the current mood that when your author and several thousand other people attended this year\u2019s\u00a0Intersolar conference, the sky was grey, with an absence of sun.","inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/ibkrcampus.com\/campus\/traders-insight\/securities\/macro\/not-much-sun-in-munich\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ibkrcampus.com\/campus\/traders-insight\/securities\/macro\/not-much-sun-in-munich\/#primaryimage","url":"https:\/\/www.interactivebrokers.com\/campus\/wp-content\/uploads\/sites\/2\/2025\/05\/EU-solar-featured-img.jpg","contentUrl":"https:\/\/www.interactivebrokers.com\/campus\/wp-content\/uploads\/sites\/2\/2025\/05\/EU-solar-featured-img.jpg","width":1000,"height":563},{"@type":"WebSite","@id":"https:\/\/ibkrcampus.com\/campus\/#website","url":"https:\/\/ibkrcampus.com\/campus\/","name":"IBKR Campus US","description":"Financial Education from Interactive Brokers","publisher":{"@id":"https:\/\/ibkrcampus.com\/campus\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/ibkrcampus.com\/campus\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/ibkrcampus.com\/campus\/#organization","name":"Interactive Brokers","alternateName":"IBKR","url":"https:\/\/ibkrcampus.com\/campus\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ibkrcampus.com\/campus\/#\/schema\/logo\/image\/","url":"https:\/\/www.interactivebrokers.com\/campus\/wp-content\/uploads\/sites\/2\/2024\/05\/ibkr-campus-logo.jpg","contentUrl":"https:\/\/www.interactivebrokers.com\/campus\/wp-content\/uploads\/sites\/2\/2024\/05\/ibkr-campus-logo.jpg","width":669,"height":669,"caption":"Interactive Brokers"},"image":{"@id":"https:\/\/ibkrcampus.com\/campus\/#\/schema\/logo\/image\/"},"publishingPrinciples":"https:\/\/www.interactivebrokers.com\/campus\/about-ibkr-campus\/","ethicsPolicy":"https:\/\/www.interactivebrokers.com\/campus\/cyber-security-notice\/"},{"@type":"Person","@id":"https:\/\/ibkrcampus.com\/campus\/#\/schema\/person\/72521bc0f55176f001b1080f6e98bcd9","name":"Alexander Gunz","url":"https:\/\/www.interactivebrokers.com\/campus\/author\/alexander-gunz\/"}]}},"jetpack_featured_media_url":"https:\/\/www.interactivebrokers.com\/campus\/wp-content\/uploads\/sites\/2\/2025\/05\/EU-solar-featured-img.jpg","_links":{"self":[{"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/posts\/223869","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/users\/597"}],"replies":[{"embeddable":true,"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/comments?post=223869"}],"version-history":[{"count":0,"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/posts\/223869\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/media\/223877"}],"wp:attachment":[{"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/media?parent=223869"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/categories?post=223869"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/tags?post=223869"},{"taxonomy":"contributors-categories","embeddable":true,"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/contributors-categories?post=223869"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}