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Norwich firm eyes return to solar panels market

The firm previously pulled out of the sector following the coalition government’s decision to cut subsidies available for feed-in tariffs.

However Peter Mottershead, chief executive of the group, which is ranked 14th in the EDP Top 100, said the company was making plans for a return to the market in the new year, though this would be on the sales side and not manufacturing.

The move comes as the firm has also carried out a refurbishment of its conservatory showrooms after doubling its capital investment to £3.7m, which includes the opening of a new site in Cromer Road, Norwich, next year.

However, unveiling its results for the year end to March 31, 2012, the group said that 2011 had been a challenging year for the firm with turnover falling from £210.1m to £203.4m, while pre-tax profits for the group fell from £14.5m to £6.1m.

But the directors’ report noted that this had been offset by a “very encouraging period” in the first half of 2012 with orders up significantly.

“As a consequence, the group currently has a strong pipeline of committed orders and looks set to have another successful year in 2012/13,” the report said.

Mr Mottershead said despite the tough times through 2011, the business had been encouraged by the growth of conservatory sales which he said reflected the extra capital investment and the impact of a marketing campaign last year. The firm, which employs more than 1,000 staff had also taken on 40 temporary staff over Christmas and had also invested in iPad technology for staff.

“The overall market is down by about 15pc in some of our core segments,” he said. “When you look at the market that was quite challenging and we had to make some key decisions into how we were going to invest our energies.

“The first nine months was difficult to generate business because the market was quiet, but since January the business has boomed. We are in a much stronger position now than we have ever been. In 2008 our debt was £62.5m, now it is £22.8m.

“The market this year and last year hasn’t changed particularly, so to get 25pc growth is pretty significant and reflects what we have done.

“That investment has seen a significant return. Our conservatory sales have increased dramatically. We have seen a 25pc increase,” he added. “It gives us a massive opportunity to really position ourselves properly in Norwich, which is obviously our home base. If you look at how successful Anglian has been, there’s no reason why we can’t get that market share.”

Source: http://www.edp24.co.uk/business/norwich_firm_eyes_return_to_solar_panels_market_1_1747672

Hottest Places for Solar Panels…

It’s a pretty obvious fact that some countries are much, much hotter than others. However, where is the best place to live to benefit from solar panels – is it where it’s sunniest? In the US, California has excellent environmental conditions for solar panels. In particular, a trip to Inyokern, on the eastern edge of Sierra Nevada, in the Mojave Desert, would be the place where you’d most need sunscreen – it receives more solar radiation annually than anywhere else in the whole of North America.

It would seem logical that this would be where you could earn the most money by installing solar panels, since it is where they’d generate the most power. However, while there is a Federal tax credit for renewable energy, additional incentives vary widely from state to state. The seemingly unlikely best state for installing domestic solar panels is, in fact, New Jersey. Indeed, not only is it one of the most attractive places for investment in solar in the US, but in the world. The generous incentives in the Garden State include renewable energy credits, where one credit, worth $650, is paid per 1000kWh generated. Combined with some of the country’s highest electricity costs, at $0.19/kWh compared to the national average of $0.11/kWh, this means that the solar panels will pay themselves off after approximately 4 years, and the payments last for 15 years.

Don’t live in New Jersey? Don’t get disheartened; don’t forget the other forms of renewable energy. Oil magnate, T. Boone Pickens planned to build the World’s biggest wind energy farm in Texas, due to a healthy mixture of incentives and ideal conditions for the generating power from the wind (although he did end up selling of 667 turbines due to transmission issues).

If you don’t even live in the USA, certain countries offer arguably better incentives. Italy is a world-leader in encouraging solar energy, offering a 0.431EUR/kWh tariff for solar power generation over a 20 year period, with a potential 30% increase if the house is certified as energy efficient, and for residents of Milano County, further assistance is available in the form of an interest free loan to buy the system in the first place.

What could happen if the sunniest places worldwide were used for solar power production? Dr Gerhard Knies, a German climate change expert, states that “within 6 hours, deserts receive more energy from the sun than humankind consumes within a year.” In November 2007, data gathered over 22 years of study by NASA revealed that the two sunniest places on Earth are a patch of sea in the Pacific Ocean and an area of desert in the Sahara, near the ruined fort at Agadem in south-east Niger. “For some reason there are fewer clouds just there than elsewhere” Paul Stackhouse, a scientist working on the project, told Reuters.

The Desertec charity is a German-led initiative to make use of the abundant sunlight in the Sahara, which regularly experiences temperatures soaring above 122 degrees Fahrenheit. The project could start generating electricity as soon as 2015. While there are currently no government incentives in the Sahara for renewable energy generation, the electricity will be exported to Europe, where it could meet up to 15% of its energy needs by 2050. The costs involved are immense – it’s a $400bn investment4.  This initial expense, however, ought to be offset by the relatively low production costs of the electricity itself, estimated to be between 0.065 and 0.16 EUR/kWh, and fairly low losses of 4-5% of the power per 1,000km of cabling through which it has to travel to reach other countries.

Read More : http://www.triplepundit.com/2012/02/hottest-places-solar-panels/

Controversy over the import of Solar Panels

KARACHI, Aug 7: Entrepreneurs have complained that some customs officials have withheld solar panels worth millions of rupees at the port despite the fact that the government had recently withdrawn all taxes on items of renewable energy.

“Their (the customs) line of argument is that the (government) notification uses the words ‘along with’ that means the tax exemption can be granted only in cases where the entire system for solar installation, including batteries and inverters (and not exclusively solar panels), is being imported, while we contend that the equipment for solar system installation is being imported from different countries and not just one,” said retired colonel Tariq Khattak, who heads a Renewable and Alternative Energy Association of Pakistan committee looking into the issue.

He added that many businesses were suffering losses because of this unnecessary delay in the release of solar panels.

No official of the customs authorities was available for comments.

Naveed Bukhari, director (solar) at the Alternative Energy Development Board, said that a summary had been moved to clarify the notification.

“The notification has been misinterpreted. We have moved a summary to the secretary water and power to talk to the federal board of revenue in this regard. The process will take time,” he added.—Staff Reporter