Category
- Products
-
- Solar Energy
- FAQ
- Solar Photovoltaic
- Contact us
Inverter manufacturer
buy@inverter.co tech@inverter.co
Home » Solar Energy » Solar system prices in Europe
Solar system prices in Europe
We all do system engineering to get the number of panels for a certain power. It is also obvious that change from 230 W to 180 W for example is not linear and will involve re-engineering in the inverters, layout and trackers if applicable. Obviously trading equipment goes not by engineering, but by quantities.
Prices in northern Europe are low, but not that low. 2,25 eur per W was in the beginning of last year, when modules were selling at 1 eur per W, inverters at 10 cents per W and so clearly the BOS was within 1,5 with 0,8 for the installation, in the case of the rooftops the installation would get more expensive, since those prices were wholesale and so everything would be slightly more expensive and the small installation cost more. In any case it is a fact that in neighboring Germany average prices per W were 2,6 eur per W in 2009 stated by the German energy agency in Berlin. People think that Fit in Germany are very generous, but they are not. 5% IRR do not mean much, but that is what you get in Germany!
In 2010 the prices were a bit higher due to Italy and Checz, but the trend in northern Europe will remain low with PV companies catering for their market. Current prices are doing marvels for companies like Qcells, REC and other European brands!
Prices at the moment depend on the bankability of the manufacturer. Any experienced EPC will ask that and will verify that. Some manufacturers want to be bankable, others do not. Some EPC companies will want to buy bankable equipments, others not, because they themselves are bankable. The whole business model of the EPC dictates the effect of bankability. Moreover with the current financial scenario, bankable or non-bankable will basically guarantee the quality of the product, because banks are not lending money at an interesting rate, so other funding institutions are doing the lending and they do their own Due diligences. Moreover, bankability is not forever. It is like debt rating.
Prices in northern Europe are low, but not that low. 2,25 eur per W was in the beginning of last year, when modules were selling at 1 eur per W, inverters at 10 cents per W and so clearly the BOS was within 1,5 with 0,8 for the installation, in the case of the rooftops the installation would get more expensive, since those prices were wholesale and so everything would be slightly more expensive and the small installation cost more. In any case it is a fact that in neighboring Germany average prices per W were 2,6 eur per W in 2009 stated by the German energy agency in Berlin. People think that Fit in Germany are very generous, but they are not. 5% IRR do not mean much, but that is what you get in Germany!
In 2010 the prices were a bit higher due to Italy and Checz, but the trend in northern Europe will remain low with PV companies catering for their market. Current prices are doing marvels for companies like Qcells, REC and other European brands!
Prices at the moment depend on the bankability of the manufacturer. Any experienced EPC will ask that and will verify that. Some manufacturers want to be bankable, others do not. Some EPC companies will want to buy bankable equipments, others not, because they themselves are bankable. The whole business model of the EPC dictates the effect of bankability. Moreover with the current financial scenario, bankable or non-bankable will basically guarantee the quality of the product, because banks are not lending money at an interesting rate, so other funding institutions are doing the lending and they do their own Due diligences. Moreover, bankability is not forever. It is like debt rating.
Post a Comment:
You may also like:
