SolarMax bankruptcy: the lack of a pan-European policies harm the industry

Switzerland inverters supplier SolarMax filed for bankruptcy, some experts expressed surprise at the speed of its. WinfriedHoffman ASE from the private consulting firm pointed out that the lack of cohesion and support policies are a failure of European politicians.

Hoffmann also SMA Solar-Fabrik company and a member of the Advisory Committee. Hoffmann believes, SolarMax bankruptcy is not just the issue of the European inverter market, but involves all parts of Europe throughout the PV value chain. This is a failure of the whole European industrial policy, European politicians do not give enough support to ensure fair competition worldwide.

SolarMax bankruptcy

Whether solar inverter China, Japan and the United States in providing high-quality products. So if Europe is to maintain manufacturing capabilities, quality alone is not enough, you need to have a clear strategy. Asian politicians know how to attract investment, they provide support for infrastructure, construction and financing aspects. If the sum of the situation facing European manufacturers are compared, it is an unfair contest.

He hoped that the current situation in Europe can be changed, people can realize the importance of large-scale production of products, capable of how to maintain and encourage investment in the European industry to know more about. Otherwise, Europe could be a really big problem.