UK conference set to tackle subject of PV investment

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.