Large-field installations are clearly our market for thin-film, as well as the commercial rooftop market, Rainer Gegenwart, chief executive of Masdar PV. In the main, we will target the large EU markets: Germany, Italy, France and Spain.
The company also reported that the construction of second factory in Abu Dhabi will start in 2010. The company aims at producing panel in October 2010 at this facility.
The facilities will use four hectares of potential 15-hectare site and likely to expand in the next few years, with longer-term proposals to open further facilities.
Gegenwart expects that the present fall in the solar market will be stabilized by October 2009. The fall in the solar market is caused by over hyped demand in Spain and the economic downturn.
