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pvXchange: Half-yearly figures set a new record - Trading platform for photovoltaics benefits from European solar boom

07-06-2010 04:16 PM CET | Energy & Environment

Press release from: pvxchange GmbH

Kai Malkwitz, General Manager pvXchange GmbH

Kai Malkwitz, General Manager pvXchange GmbH

Berlin, July 6th, 2010. At mid- year, pvXchange, worldwide market leader in the brokerage of photovoltaic products, has already brokered more modules and inverters than during the course of the whole previous year. At the same time, another 1,000 participants have registered on the online trading platform since the beginning of this year.

By the end of June 2010, pvXchange has brokered PV modules with a total performance of more than 90 MW, thereby already exceeding the total trade volume of last year (75 MW).
In case of inverters, an increase of almost 200 percent compared to the whole last year, has been achieved at the present time already. The fact that around 32 MW of inverters have been brokered shows that the demand on the spot market has considerably increased.
„With the help of customer enquiries and goods that have already been brokered and will be delivered in late summer, we can already tell that the boom will last until the end of quarter 3, at least in Germany.”, Kai Malkwitz, CEO of pvXchange GmbH, explains.

In cooperation with its clients, pvXchange is preparing for a market situation that will assumedly be changing from autumn on. Together with participating manufacturers and sales partners the sector-wide rebate system CashBack for craftman's businesses in Europe is being set up.

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
PR & Communication
pvXchange GmbH
Obentrautstr. 57
10963 Berlin
Tel +49.30.236 31 36 16
Fax +49.30.236 31 36 23

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