Fronius plans to establish a solar photovoltaic (PV) inverter subsidiary in Shanghai, China, to tap into one of the fastest growing solar PV markets in the world.
Fronius plans to launch its solar PV inverter subsidiary with a total of 12 employees working in sales, after-sales (Technical Support, Repair Center) and marketing. When the company first started its operations in China, Fronius secured a 1 MW (megawatt) project in Chongming and set up an agency in the country. The next step was to establish a subsidiary.
"We fulfil the requirements of the Chinese market spot on. China has a well-developed market for building-integrated photovoltaics. This is a key area in which we specialise, offering a wide range of products. The core market centres around 1 MW projects, for which the specification of our inverters is ideally suited," says Knut Wimberger, Managing Director of Fronius China.
