The German Market Shows A Strong Momentum of Development: Phoenix Inverter and Its Components Are In Short Supply

The German Market Shows A Strong Momentum of Development: Phoenix Inverter and Its Components Are In Short Supply

Time :2009-11-16 14:32:45                    Author: Sobey Solar                    Source: PV-tech

Germany's overheated housing market, allowing system integrators Phoenix Solar's business has also been warmer. As of the end, Phoenix's solar inverters and solar power components may occur shortage.
The company released third-quarter earnings in 2009, when pointed out that the first half of the component prices continue to decline in Germany. While prices stabilized in the third quarter, Phoenix solar orders in large numbers. With higher returns, as well as falling prices, the German market will continue to flourish.
Phoenix Solar Company expects this year is the year of Germany's most dramatic history, although the initial momentum of development is slow, but this year the amount of solar energy installation will be much higher than in 2008. The company expects to install additional capacity in Germany this year will reach 2.5GW, and in 2008 an increase of 60%.
Phoenix Solar also said that in November the amount will be the installation of 400MW, while the history of the highest installed capacity of 300MW. Public utilities, it was once under the solar energy projects so that the German market malaise. Financial assistance is not enough restrictions on the development of the project. More importantly, the process of obtaining funding in accordance with strict standards, bank loans are no longer applicable, which leads to delays in many projects. This situation also affected the Phoenix solar energy, there are a lot of orders have been delayed.
The company pointed out that the Spanish market, funding problems have emerged in the region, only to install 130MW.
However, the Spanish market may delay improvement projects, which could alleviate the need for built in 2010 needed projects.
Components of the Italian market during the first half of this year prices fell, with the attendant reduction in installation volume. Steady increase in the price and supply, making the demand has to pick up, installation of this year, the amount could reach 250MW.
The French market is gradually improving, but faces a long-term need for the approval process, the installation of the amount of all prejudice. Even so, the French market is expected to reach 150 MW this year.
(Translated by Solarbe.com)