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Half of German solar firms could go under

Only part of Germany’s 50 primary solar power corporations will live on the accelerating price battle within the photovoltaic business, a marketplace learn about compiled via specialists Roland Berger signifies

Due to oversupply and less expensive manufacturing, the specialists forecast costs for PV merchandise to drop via 15 % in step with 12 months till 2015. Because of a “threefold threat of low-cost competition from Asia, declining sales at home and a dwindling presence in the world’s growth markets” many German firms must offshore their manufacturing to low cost areas or face chapter, the analysts write.

“The photovoltaic market is getting tougher and tougher,” Torsten Henzelmann, a green-tech professional at Roland Berger, stated in a remark accompanying the discharge of the learn about. “The German PV companies have excellent technological capabilities, but they are not properly prepared for the difficult market climate.”

Henzelmann added he expects that “only about half of Germany’s 50 or so larger solar power companies will survive in the next five years.”

The German govt this 12 months agreed to scale back subsidies for rooftop panels via 16 %. The choice helped the German business to a gross sales increase, as non-public consumers ordered panels in droves to overcome feed-in-tariff discounts set for July. Sales dropped in a while, then again, and plenty of German firms are attempting to go into rising markets in North America, India and China to make up for misplaced trade at house.

Not all of them will be triumphant, Roland Berger says.

The learn about discovered that most effective six of the 16 greatest German solar energy corporations have wholesome price range and a powerful strategic place when dealing with rising festival. The last firms are ill-prepared, most commonly as a result of they lack manufacturing measurement, marketplace get admission to and status.

(SolarDaily)

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