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PROINSO ends year 2011 with supply of 303 MW worldwide, exports amounting to 88% | Europe

PROINSO ends year 2011 with supply of 303 MW worldwide, exports amounting to 88%

PROINSO supplied a total 303 MW in modules and inverters in 2011 that were installed in solar projects around the world.

Thanks to last year?s turnover, PROINSO, a company of OPDE Group, delivered a total 1,115 MW to different countries, thus hitting a record high and becoming one of the world?s leading companies in the solar industry.

The 2011 figures include 106 MW in modules and 197 MW in inverters. European and North American markets (US and Canada) accounted for 83% of PROINSO?s sales last year, which makes them the company?s main markets. It is worth pointing out that Germany and the US posted a leap in the last quarter.

Compared to only three years ago, there has been a market reshuffle, since in 2008 100% of PROINSO?s PV solar product sales were recorded in Spain, whereas last year the Spanish market accounted for 12% of the volume sold. It is worth mentioning that products sold to Spanish EPC contractors sometimes went to projects carried out in other countries, like Italy, which would mean exports are being underestimated at present. Nearly 88% sales were foreign sales in 2011, which shows the accelerated pace of PROINSO?s international expansion in the past three years.

Company sources also stress PROINSO?s bid on such emerging markets as Eastern European countries, Croatia, Morocco, Israel, Middle Eastern countries, Algeria, Libya, Turkey, China, Australia, Colombia, Mexico, Brazil and India. In India, the company started operating in 2011, supplying 35 MW in solar products so far. The sales share in these emerging markets was 5%.

PROINSO Marketing Manager Teresa Marticorena remarks, ?We expect our bid on international expansion to be successful in terms of rise in sales, with a 15% share in these emerging markets over the next years and a reduction of the share of European markets in terms of global sales.?

PROINSO has branches in Spain, Germany, Greece, Italy, US, UK, France, Canada, China and Czech Republic, and a Network of Qualified Installers with 1,900 members.

The multinational company has distribution agreements with Trina Solar, Canadian Solar, Schott Solar and REC for modules, and with SMA for inverters. In addition, it is a global distributor of MECASOLAR trackers and fixed structures.
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Posted by Gloria Llopis | 2012-01-23