S.A.G. Solarstrom: EU PV Manufacturers Will not Benefit from Anti-dumping Duties

[2013-06-19 09:49:15]

German and EU-based module manufacturers are not expected to benefit from the EU anti-dumping duties against Chinese rivals due simply to the market declining as a result, according to S.A.G. Solarstrom CEO, Karl Kuhlmann.

Kuhlmann said: "We consider this decision to be a big mistake. These customs duties will not benefit the German module manufacturers at all, as the duties will lead to a considerable decline in the market,"

The comments were made at the company's AGM held late last week.

Despite the expected decline in European demand as price increases take hold, S.A.G. Solarstrom reiterated that it expected 2013 to increase installation and sales volume to over 117 MWp in 2013 and continue to make positive operating results.

The company said that it had further cost reductions in the pipeline as it explored new sourcing options and system-wide cost reduction potential.

The company is also significantly increasing its project development pipeline activity in the UK as well as the expansion of secondary markets such as Latin America.

Like many others, the company also said it was developing solutions for integrated energy concepts and storage systems for the anticipated boom in self consumption, notably in the German market.

However, S.A.G. Solarstrom AG is sticking to its forecast for 2013 to increase installation and sales volume to over 117MW and to achieve a positive operating result. Currently, new sourcing options and further cost reduction potential is being explored throughout the system for this purpose.
Source: PV.tech.com
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