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This news article was originally written in Spanish. It has been automatically translated for your convenience. Reasonable efforts have been made to provide an accurate translation, however, no automated translation is perfect nor is it intended to replace a human translator. The original article in Spanish can be viewed at La facturación de los proveedores de equipos de energía solar se duplicó en 2006

Solar energy equipment suppliers billing has doubled in 2006

19/01/2007

January 19, 2007

According to the special report of DBK "Suppliers and installers of equipment of Solar energy", public support for the use of renewable energy has been determined in recent years a strong growth in the market of solar energy equipment and supports existing favorable expectations for the future. Manufacturers and importers of solar energy equipment checked in the internal market EUR 255 million in 2005, figure that will rise to 550 million in 2006.

Evolution of activity

The volume of business generated by the manufacturers and importers of equipment of solar energy in the domestic market stood at EUR 255 million in 2005, which led to an increase of 121,7% over the figure recorded in the previous year.
Just over three quarters of the billing - about 205 million euros - came from the teams of photovoltaic solar energy, segment which in 2005 exceeded the 20 Mwp (megawatt-peak) installed, to reach a park of about 60 Mwp.
Meanwhile, sales of solar thermal equipment generated providers revenues of about EUR 50 million, figure, as well as the photovoltaic equipment, is expected to log a sharp rise in the coming years, with the growing obligation to install solar panels in new and rehabilitated buildings.

Structure of the offer

Suppliers of solar energy equipment sector is composed of 35 companies with significant activity, including both manufacturers as to importers of equipment. These companies generate a volume of about 2,900 workers employment.
Equipment suppliers market registers a high degree of concentration, so that the first five operators gathered in 2005 a joint market share of 59%, percentage which stood at 82% to be considered the top ten.
For its part, the number of installers of solar energy equipment is very high, with around 1,000, of which about 650 are mainly engaged the installation of the 350 remaining to the equipment of PV and solar thermal equipment.

Forecasts

In a context of favourable prospects for development of the market, result of support from the Administration, the forecasts of evolution of the volume of business generated by suppliers and installers of solar energy equipment point towards the maintenance of strong growth, while appreciating a slight slowdown.
The volume of business generated by equipment providers might be close to 550 million euros in 2006, which would lead to an increase of 114% over the previous year, with growth of more than 80% by 2007, with a value of € 985 million.

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