Interesting comments from both Canadian Solar and Upsolar at the Segen conf in Cheltenham today.
Both said that 70%-80% of their global sales where done in the EU.. - the EU is the largest market by a long way.
Both blatantly said that Government FIT levels determine local pricing - so the reason we paid so much last year was because the FIT was so high, and that there is still some room for prices to come down a little further. (Got offered by Segen Renesol at 43p / Watt delivered )
Both only believe that their markets / the PV market worldwide is sustainable when prodcution costs are low enough to make the investment pay at grid parity.
They are also losing money - they claim to be selling at below cost, and that the likes of Canadian Solar are just losing less money than others (LDK, Yingli, ..)
Also Segen's Chief Exec was there lording himself about - scruffy b****r ... They put on a good conference, yet we still have to buy anything from them yet!
Good talks from the Solar Trade Association and BPVA guys as well.
Both said that 70%-80% of their global sales where done in the EU.. - the EU is the largest market by a long way.
Both blatantly said that Government FIT levels determine local pricing - so the reason we paid so much last year was because the FIT was so high, and that there is still some room for prices to come down a little further. (Got offered by Segen Renesol at 43p / Watt delivered )
Both only believe that their markets / the PV market worldwide is sustainable when prodcution costs are low enough to make the investment pay at grid parity.
They are also losing money - they claim to be selling at below cost, and that the likes of Canadian Solar are just losing less money than others (LDK, Yingli, ..)
Also Segen's Chief Exec was there lording himself about - scruffy b****r ... They put on a good conference, yet we still have to buy anything from them yet!
Good talks from the Solar Trade Association and BPVA guys as well.