Solar panel installers in the limelight?

Feb 21st, 2012 | By | Category: Articles, Featured Posts, Market Impact

Commercial rooftop solar panels boost efficencyLast year a glut of supplies pushed down 50 percent the prices of solar panels, so panel makers suffered and their share prices crashed. For Matt Daily the chance for installers to attract new capital and to drive down the cost of putting the renewable energy system on rooftops.

But those cheaper panels meant lower costs for the installers who buy them, such as SolarCity, the market leader in residential and commercial installations, which is expected to seek an initial public offering this year that could value the company at about $1.5 billion.

The market seems to wait for a business model hat changes costs for residential and small commercial solar installations: “What has happened in the industry in the last two years hasn’t really gotten to the end customer.
The homeowner is still waiting,” said Deep Chakraborty, chief executive of CentroSolar America, a unit of Germany’s Centrosolar Group AG.

But relying on the residential market is much too expensive, so Mehdi Hosseini, solar analyst at Susqehanna and says: “If you can combined commercial with residential rooftops then you have a business model that can be scaled.”

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Picture source: flickr/h080

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