Renewable Energy Installer February 2014 | Page 24

Knowledge: PV Power of endurance Markus Schaefer, Voltec Solar’s senior vice president, sheds light on the PV manufacturer’s decision to increase its presence in the UK market despite a tough economic climate or the PV industry, on a glob al scale but especially in Europe, the year 2013 has again been a very diffi cult year. Many well known PV manufacturing companies gave up or ended up in bankruptcy. When I think back, I remember many potential customers who used to say: “I prefer going with the big names, as I can be sure they will still be there tomorrow.” Well, reality turned out to be exactly the opposite. Many of the big names have disappeared and some will still go down. The consolidation is not over yet, it has rather reached more downstream players like EPCs and installers. Meanwhile some of the smaller players – like Voltec Solar – managed to come through. Another interesting observation is that most of those who came through these diffi cult times are not solely dependent on the solar industry but have other activities. Again, this is true for Voltec Solar where on a group level there is a 20 year history in the furniture and fl ooring business. Unfortunately, it takes time for the industry to understand the importance of diversifi cation and many players have had a strong tendency to stick to what they’re used to. So it does take very strong perseverance and a tough fi ghting spirit to live through this. At the same time, the markets developed a thinking that prices which are under the cost of the products sold should be the normal market price. Few seem to understand the simple truth that such a situation will mean a company needs new money at some point - and if that new money does not come it means death. Some others simply don’t understand that this is not healthy and is only of a temporary nature until all companies are gone that sold at loss making prices for too long. F Total system costs still need to come down further in order to address the fi nancial needs of those ready to invest into PV It is also reality that total system costs still need to come down further in order to address the fi nancial needs of those ready to invest into PV under the respective circumstances of each country. So there needs to be a continued strong effort to do everything possible to bring costs down further. In Europe, PV markets have already changed dramatically. Installation rates in Italy are near to non existent (down from 9 GW in 2011) and Germany, which had 7.5 GW installed each year for three years in a row, will end up at around 3.5 GW per annum and a further 24 | www.renewableenergyinstaller.co.uk Pole position: Markus Schaefer, Voltec Solar, predicts the UK will overtake Germany and Italy as Europe’s strongest PV market drop is likely. That makes the PV market in the UK at about 2.4 GW per year a likely candidate to become one of the strongest, if not the strongest, PV market in Europe. That is one of the reasons why Voltec Solar decided to move into this market and we are very glad to have Wagner Solar UK as our distribution partner in the UK. The UK market is also showing an increasing appreciation of strong values in a manufacturing company. For example Voltec Solar offers a 20 year product warranty and is backed by re-assurance company Munich RE. Voltec Solar is in the strongest position it has ever been in since its foundation in 2009. The factory is well stocked and production capacity is due to be increased so that Voltec Solar is here to stay and to serve its customers in the years to come.