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Trading centre for photovoltaics pvXchange concludes 2009 with positive results

03-02-2010 01:15 PM CET | Energy & Environment

Press release from: pvxchange GmbH

Trading centre for photovoltaics pvXchange concludes 2009 with

Berlin, 02 March. The worldwide market leader in the brokering of photovoltaic products, pvXchange, is further extending its leading position. Both turnover and the number of marketplace participants significantly increased in 2009 for the fifth consecutive year. "The 36% increase in turnover compared to 2008 is down to the brisk business activities of our registered customers, of which we now have over 5,000," says Managing Director Kai Malkwitz, explaining the continuing success.
The developments on the online spot market reflect the boom in demand witnessed in Germany, after the Spanish market dominated the trading portal in the previous year. It was not just the German market that showed positive growth: Italy and France also achieved a double-digit increase in turnover. "The growth in transactions via our online portal is largely explained by the experience of the market participants that, in times of decreasing prices, short-term trading of solar panels is more economical and less risky than becoming tied into long-term supply contracts," says Mr Malkwitz.

pvXchange GmbH was founded in Berlin in 2004 and is the worldwide market leader in the brokering of photovoltaic products in the corporate-customer sector. In 2009, the company traded solar panels with a total output of around 75 Megawatt via the spot market. In addition to its European presence, pvXchange is also represented in Asia and the USA. pvXchange GmbH is a 100 percent subsidiary of pvXchange International N.V.

Matthias Fischer
pvXchange GmbH
Obentrautstr. 57
10963 Berlin
Tel +49.30.236 31 36 16
Fax +49.30.236 31 36 23
Email m.fischer@pvxchange.com
www.pvxchange.com

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