UK conference set to tackle subject of PV investment

Share

The global solar business is developing rapidly, say organizers Solarpraxis. As new markets open up – such as in the UK – both long-established brands and new businesses are offering their technology and products. Encouraged by incentives such as long-term feed-in tariffs, private individuals and enterprises are confidently making substantial investments in photovoltaic installations.

But, they ask, is their confidence misplaced? “Some investors have certainly had a rude awakening when they have discovered that poor decisions when selecting equipment mean their investments have lost value after just a few years. If lack of information and transparency at the purchasing stage means that poor quality modules are chosen, then heavy losses can result. And the malfunctioning of a single component can lead to the failure of an entire PV system,” they continued.

However, they say that by understanding the issues and knowing what to look out for, private individuals, project developers, building professionals, purchasing managers, installers, investors, financiers and other stakeholders can ensure that potential problems of this kind are avoided.

The event has been designed to increase knowledge of PV quality, prevent malinvestment, safeguard companies against potential losses of millions in purchasing, financing and shareholder investment, and protect them against third-party liability.

The conference is set to be held at the Royal Institute of British Architects, London from 4 to 5 October.

This content is protected by copyright and may not be reused. If you want to cooperate with us and would like to reuse some of our content, please contact: editors@pv-magazine.com.

Popular content

Mercedes-Benz testing new solar paint

02 December 2024 Mercedes-Benz said it is now evaluating a 20%-efficient, non-silicon photovoltaic coating that is significantly cheaper than conventional solar module...

Share

Leave a Reply

Please be mindful of our community standards.

Your email address will not be published. Required fields are marked *

By submitting this form you agree to pv magazine using your data for the purposes of publishing your comment.

Your personal data will only be disclosed or otherwise transmitted to third parties for the purposes of spam filtering or if this is necessary for technical maintenance of the website. Any other transfer to third parties will not take place unless this is justified on the basis of applicable data protection regulations or if pv magazine is legally obliged to do so.

You may revoke this consent at any time with effect for the future, in which case your personal data will be deleted immediately. Otherwise, your data will be deleted if pv magazine has processed your request or the purpose of data storage is fulfilled.

Further information on data privacy can be found in our Data Protection Policy.