IBC Solar opens new subsidiaries in China and Austria

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IBC Solar has expanded its international business with new subsidiaries in Beijing, China and Eisenstadt, Austria. Vice Minister of construction, Yao Bing and several representatives from the China BIPV Committee were on hand to celebrate the official opening of the Beijing outfit. IBC Solar has been an advisor to the BIPV committee since March 2010.

“The recent tragic events in Japan have fuelled the demand for a safe and sustainable energy supply”, said Udo Möhrstedt, founder and CEO of IBC Solar in Beijing. “We have contributed significantly to the development of renewable energies in Germany and have gained substantial experience over the past years. We are pleased to advise the China BIPV Committee on the creation of a sustainable energy and compensation concept. By expanding photovoltaics in China, the huge energy demand of the growing Chinese economy can be covered in the future – with safe and environmentally friendly energy.”  

Yao commented that the cooperation agreement between IBC Solar and the China BIPV Committee helps support the field training and certification for PV installers in China. He maintained that as 40% of electricity is used by buildings, BIPV applications would help buildings in Beijing generate more power than they consume.

IBC Solar’s Austrian subsidiary, IBC Solar Austria, was also formally opened with Christian Bairhuber as its managing director. The subsidiary was formed under a partnership with STA Solartech and IBC Solar. The companies have been working together since 2007 with IBC Solar acquiring 51% of STA Solartech’s shares this past March. IBC Solar Austria will focus on expanding the Austrian PV market while promoting the use of solar energy.

“Austria is the only country in the European Union that doesn’t have any nuclear power plants; however, up to now renewable energies have not been promoted enough. There is a lack of consistent regulations for the feed-in tariff and the federal states use different methods of funding. This is regrettable as Austria provides similar good conditions for the use of solar energy as southern Germany”, explained Möhrstedt.

IBC Solar Austria also aims to increase its network of installers. “Overall the Austrian photovoltaic market has enormous potential”, declared Bairhuber. “In previous years around 50MW/peak PV power was installed, but in five years it could be as much as 500MW.”

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