Swedish
furniture retailer IKEA's decision to sell solar panels and installation
service to consumers in the UK could prove a boon to Taiwanese solar companies,
a market analysis firm said Wednesday.
"Taiwan
should find more possibilities outside of original equipment manufacturing and
original design manufacturing," said EnergyTrend analyst Arthur Hsu, who
suggested local firms consider establishing their own brands.
Small
though it is, Taiwan's comprehensive solar power industry is capable of
everything from design to assembly, and should take advantage of the chance to
work with IKEA, Hsu told CNA.
The home
furnishings shop's expansion into solar power could change the way solar panels
are sold in the region, possibly even all over the world, EnergyTrend said in a
note.
"Retailers
like IKEA may become the regional trade centers for modules in the
future," and by offering services like technology consultancy and
installation services, such retailers are likely to replace online trading
systems and contractors, according to EnergyTrend.
IKEA plans
to provide roof-top solar power solutions within the UK over the next 10
months, with the rest of Europe set to follow afterward, EnergyTrend said,
adding that the move from low-priced furniture to energy is based on IKEA's
belief that renewable energy will become the major supply for residential and
commercial power in the future.
Roof-top
solar panels are becoming mainstream in Europe, as subsidies for ground-mounted
solar solutions are likely to be ceased, EnergyTrend added.
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