Scandinavia is to receive 5MWp in equipment for solar projects from Premier Power Renewable Energy. The plants will be funded through an agreement with Danish firm, Viasol. Equipment will be shipped out this month, with all systems scheduled for completion by the end of 2012.
“We are continuing with our strategic expansion to European markets, in 2011 we expanded to the Bulgarian market and now we are expanding to the Scandinavian market.” said Bjorn Persson, executive vice president of European operations at Premier Power. “Along with our recent plants in the Czech Republic and Bulgaria, Scandinavia is yet another example of Premier Power's prowess in strategically entering emerging markets throughout Europe.”
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“The significant decline in module prices we've seen over recent months has caused many European markets to reach grid parity earlier than expected,” said Miguel de Anquin, president of Premier Power. “By mitigating the need for government incentives, these markets equate to stable and predictable growth for Premier Power. We expect to see this trend proceed in similarly structured markets as the global solar industry continues to mature.”