Diving deeper downstream
Project development: As competition increases and both solar panel prices and government incentives fall, more and more manufacturers are entering project development to shore up sales and gain more transparency in their demand. Companies are getting involved in various aspects of the process, including financing, permitting, construction and maintenance, in residential, commercial and utility markets.
Just two years ago, Boris Klebensberger, Chief Operating Officer of solar manufacturer SolarWorld and President of SolarWorld Industries America, said the company had no interest in getting involved in project financing: “Do I want to become a bank? No, otherwise I would have started as a bank.” Times have changed. In September, SolarWorld Americas announced …
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