IBC Solar opens Czech subsidiary in Prague

Share

The decision to transfer the branch office to an independent subsidiary was made in order to further push the market development in the Czech Republic and Slovakia, explained the company. Of the estimated 100 MWp market volume in the Czech Republic, IBC Solar s.r.o. said it aims to achieve around ten percent.

"The developments of the Czech PV market have shown, that the decision to set up an office in Prague in 2009 was the right move", stated Udo Möhrstedt, CEO of IBC SOLAR AG. "From now on, our subsidiary will directly deliver our products and services to our customers in the Czech Republic and Slovakia."

The regional conditions in the Czech Republic are well suited to the photovoltaic (PV) production of energy, continued the company, which said that the solar radiation values are comparable to that of southern Germany. Moreover, it said the legal conditions for PV systems in the Czech Republic are attractive. "Ultimately," it stated, "every kilowatt hour of electricity fed into the grid for roof systems of up to 30 kWp is compensated with around 47 cent."

The company added that in Slovakia there is a law in order to subsidize renewable energies and a feed-in tariff for solar electricity. It explained that for solar power plants with a maximum 100 kWp, the tariff guarantees around 43 Cent for each kilowatt hour that is fed into the power grid over a period of 15 years.

"With our expansion in the Czech Republic and Slovakia, we will focus on the quality that IBC SOLAR is renowned for around the world," said Travnicek. "In order to share our idea of quality among installers, partners and consumers, IBC Solar will be starting another round of trainings. In addition, we have plans to participate in various fairs and conferences to make our brand well-known in the Czech Republic and Slovakia."

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

Elastocalorics could replace heat pumps, air conditioning systems

16 July 2024 Elastocalorics have the potential to replace current air conditioning and heating systems, offering significant energy savings when paired with techno...

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Your email address will not be published.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.