Solar industry Global Solar Summit Calls for Rules in Trading

Editor: Dominik Stephan

The first Global Solar Summit in Milan addressed the Chinese–European solar cells dispute. Despite these issues, solar panels could profit from rising sales in markets like Asia or the US...

Related Companies

More than 36 GW new installations in 2013: Solar power could see a trong comeback thanks to Asia and America.
More than 36 GW new installations in 2013: Solar power could see a trong comeback thanks to Asia and America.
(Picture: PROCESS)

Milan/Italy – “We cannot ignore the major trade conflict now underway but nor can we overlook the fact that the growth of renewables will increasingly be achieved outside Europe, driven by the Asian economies. The golden period for solar energy is not over, but we need rules,” stated Reinhold Buttgereit, General Secretary of Epia, the European Photovoltaic Industry Association. The debate up on the trade disputes between European and China had just flared up during the opening ession.

But Paulette Vander Schueren, spokesperson for Afase, countered: “We will be risking a fall of 85% in orders," explaining that the lowering of prices is part of the destiny of solar energy, a technology that is changing and being transformed with great rapidity. This was also the view of Guangbin Sun, General Secretary of the solar division for the Chinese Chamber of Commerce: “If exports from China are impeded, the consequences will fall on the costs of European products. Nevertheless, we are willing to collaborate and maintain a dialogue in order to bring our production in line with market demand."

Solar Market on the Rise

While the market in Italy and Europe has undergone a sharp slowdown in the total number of installations, 2013 is shaping up to be better than 2012 on the global scale thanks to the driving force of markets like China, Japan and the USA. According to Bloomberg New Energy Finance (BNEF) forecasts a total number of new installations representing more than 36 GW, against 30.6 GW in 2012. In 2014, the market should exceed 46 GW and more than 53 GW the following year.

(ID:39868360)