European companies see themselves under pressure in the fight against Chinese competition.
(Photo: IMAGO/Sylvio Dittrich)
Dusseldorf The warning is drastic: “If nothing happens now, there is a great risk that European solar producers will have massive problems in the next few months, and some will even go bankrupt,” says a letter from European solar companies to the Presidents of the European Parliament and the European Commission from Monday. The letter is available to the Handelsblatt.
40 companies from all over Europe signed. These include the Swiss solar cell manufacturer Meyer Burger, which has a production facility in Freiberg, Saxony, the German module producer Heckert Solar and the start-up Nexwafe.
The reason is the rapidly falling prices for photovoltaic modules. They have fallen by more than 35 percent to 15 cents per watt within six months. “The entire European solar industry has been the victim of an unprecedented price war for several months,” says Meyer Burger boss Gunter Erfurt.
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