One of Europe’s biggest and
Germany’s last big solar power stations, Finow Tower, are having cuts
backs. This is a big threat for the
companies that help built the Finow Tower.
One of the companies that designed and built the Finow Tower project,
Solarhybrid, stored for creditor protection and joining an increasing list of
German peers guided by equipment makers Solon and Solar Millennium. An engineer who managed the plant’s
construction, Michael Hufner said “I don’t think we’re going to see any more
projects like this in Germany.” The engineer
figures Berlin’s plan to cut cost agreements for sun-made electricity will
effort one hundred thirty thousand jobs in Germany. The chief executive of Solarhybrid, Tom
Schroder explains of cut the prices so the company can design new projects in
the future. One of the projects includes
creating the solar power industry for the US and the Middle East.
In my opinion, it is a good approach
to built new solar power landscape in different countries like the US and the
Middle East but it is hurting the companies that help the Finow Tower in
Germany. Cutting the prices will hurt
the companies by not having a lot of revenue, lay out employees, or closing
down plants. It is going to be hard to
compete with China’s solar power systems.
It will have more pressure on the German solar business and hard to beat
China resource. I hope Solarhybrid’s new
project will help restore the solve industry in Germany because the citizens
need the equipment to have a better environment.
http://www.ft.com/intl/cms/s/0/bf523938-741b-11e1-bcec-00144feab49a.html
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