BERLIN, Germany, June 20 /CNW/ - Industry players from all over the world
will be present in Freiburg, Germany for this year's Intersolar convention
from June 21 through 23. 560 exhibitioners and 26,000 visitors from over 90
countries will be in attendance and Invest in Germany will be there to outline
the advantages of PV investments in Germany.
Germany is the world's leading market for PV energy. 55% of the PV
capacity worldwide is installed in Germany, and last year Germany's PV
industry generated EUR3.8 billion in sales. A main reason for Germany's
leading position in PV energy is the Renewable Energies Act, (EEG). The law
requires power companies to buy electricity from the owners of PV
installations at a set price, 37.96 to 54.21 EURct/kWh over twenty years.
This so-called "feed in tariff" has resulted in a ready-made market for
PV technology production. Additionally, various government incentives are
available for companies investing in eastern Germany, in areas such as
"Silicon Saxony," where numerous PV and semiconductor firms are present.
It is not only the political conditions that encourage photovoltaic
investments in Germany. Germany's workforce and research landscape are also
superb. For example, the Canadian company ARISE Technologies Corporation is
building a PV cell manufacturing plant in the German town of Bischofswerda.
The company's CEO Ian MacLellan sees Germany's workforce as one of its main
features, "We selected Germany because it is the largest solar market in the
world. It has a high concentration of solar technology companies and has
access to skilled technical labor."
American solar company First Solar is also opening its EUR115 million
facility in the German town of Frankfurt/Oder at the beginning of July.
Furthermore, the California-based start-up Signet Solar recently broke ground
on a new R and D, and production center near the city of Dresden.
Germany is committed to the future of PV energy and renewable energies.
The country possesses all of the requirements both politically and
economically for international PV companies to thrive, as many already are.
Invest in Germany is the official investment promotion agency of Germany.
Its mandate is to assist and advise international companies about investment
opportunities in Germany. Invest in Germany can be found in Hall 1, Booth
1.03.09 at Intersolar in Freiburg.
For further information:
For further information: Media Contact: Eva Henkel, Invest in Germany,
T: +49-30-200099-173, F: +49-30-200099-111, Email: