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July 31, 2021
BUSINESS

ETEM Systems: The “boom” time of photovoltaic farms has passed

The CEO of ETEM Systems, Andreas Laspadakis, believes that there is no market anymore, this year, for photovoltaic farms, after the “boom” of 2013, because of legal changes and insufficient access to financing. The Greek company ETEM Systems delivers metal frames for photovoltaic panels both on ground and on buildings. “Many companies do not want to get involved in installing photovoltaic panels on roofs because the legislation does not provide a stable framework. For us, large sun farms bring a small turnover, but very big profit, because they are made of much aluminium,” Laspadakis explains. The company provided last year solutions for installing photovoltaic panels to three projects up to a total 8 MW in Bistrita, and currently has under way two projects with a total power of 11 MW in Sibiu. In 2012, the company delivered aluminium structures for a project of 7 MW in Colibasi.

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