2 megawatts: Conergy wins tender of Stadtwerke Trier for two solar parks
16 May 2012
Conergy extends the existing collaboration with Stadtwerke Trier since 2009 by winning a tender for two solar parks with a total capacity of 2.2 megawatts. For both power plants, the local energy provider relies on 100% Conergy quality and components. Conergy acts as general contractor and is responsible for planning and design of the parks as well as realisation, construction and component supply.
Q1 2012: Conergy restructuring measures show first success
15 May 2012
Hamburg-based Conergy sees first successes in the first quarter 2012 from the strategic realignment as system supplier as well as the restructuring measures implemented in 2011. Quality of earnings and important key financial indicators have improved in the first three months of 2012. Especially the overall decline in prices negatively affected sales year-on-year, as expected. Conergy increased flexibility and kept the gross profit margin stable due to the reduced vertical manufacturing depth and the current module production setup in Frankfurt (Oder). Conergy reduced EBITDA losses by a third through improved cost structures. Net cash flow was positive in the first quarter. This is the best figure in a first quarter since the IPO in 2005.
Hawaii: Conergy equips numerous public schools with multi-megawatt solar power plants
02 May 2012
Solar sets the pace in Hawaii: after installing the rooftop installation for the green film and photo giant Fujifilm last year, Conergy has now announced a new project in the surfer's paradise. By 2014, the system supplier will have equipped many additional schools with solar power plants with a total capacity of more than 4 MW.
Cartel authorities approve sale of voltwerk electronics to Bosch
19 April 2012
Following the approval by the anti-trust authorities, Conergy has completed the sale of its inverter subsidiary, voltwerk electronics GmbH, to the Bosch Group. A purchase agreement had already been signed by both parties in December 2011 with the purchase price being kept confidential by mutual agreement. Following the successful completion of the transaction, the company, which has around 100 employees in two locations in Hamburg and Bad Vilbel, now belongs to the Bosch Group.
Successful double in the US: Fujifilm chooses Conergy yet again
18 April 2012
Fujifilm North America Corporation has opted for Conergy quality once again in its support of a corporate commitment to sustainability. Back in 2011, Conergy installed a 320 kilowatt rooftop plant at Fujifilm’s US facility in Oahu, in the surfers’ paradise of Hawaii. This has now been succeeded by another project realized at the company’s office in North Kansas City, Missouri. In collaboration with its local partner Brightergy, Conergy has supplied over 200 Conergy PH solar modules for the 50 kilowatt plant; which will generate 60,000 kilowatt hours of clean energy every year. With this plant, Fujifilm will not only cover a large part of the power consumption of its subsidiary, it will also prevent the emission of more than 45 tons of damaging CO2 per year. In addition, the group will thereby considerably reduce its energy costs and become more independent of external energy suppliers.
Annual Report 2011: Conergy increases worldwide sales volume by 7% to 393 MW
29 March 2012
Hamburg-based Conergy AG has published its results for the 2011 financial year today. Despite difficult market conditions, the company increased its worldwide sales volume by 7% to 393 MW (previous year: 368 MW). Conergy increased quantities by 44% outside of Germany, and more than doubled sales volume in Asia. The solar company was thus able to partially compensate for the more than 40% price decline for solar modules in 2011. Sales were at € 754 million in 2011 (previous year: € 914 million). Conergy has been able to profit from its early globalisation strategy, with international sales increasing by 5% to reach € 555 million (previous year: € 530 million). The company now generates almost 74% of its turnover outside Germany.
Conergy opens 8 Megawatt solar park in Grimmen, Germany
29 March 2012
This Thursday, Conergy is being joined by the Mayor of Grimmen and the private investor from Northern Germany for the opening of the 8 megawatt solar power plant in Grimmen near Stralsund. With a symbolic push of the red button, one of the largest solar parks in Mecklenburg-Vorpommern will be officially connected to the grid, underlining a strong commitment to the German solar industry: all components are 100 % from Conergy’s domestic manufacturing facilities.
Spain: Conergy supplies modules for largest rooftop plant in the Basque Country
27 March 2012
After connection of the 5.3 megawatt solar plant in Murcia to the grid and the sale of the 2.3 megawatt park in Andalucía, the Hamburg-based system supplier Conergy is able to announce its third Spanish success within a month. The long-term Conergy partner Ennera is relying on premium quality from Conergy for the largest solar plant in the Basque Country. This solar power plant with a total capacity of 1 megawatt is located in Beasain in the province of Guipúzcoa, some 40 kilometres from San Sebastian. The experts installed the system on the 7,500 square metre roof surface of the industrial buildings of Ennera’s parent company CAF, a manufacturer of railway and transportation systems.
Spain: Conergy sells 2.3 MW solar power plant in Andalucia to investor
14 March 2012
Just a few weeks after the grid connection of a 5.3 megawatt Conergy solar park in Murcia, the Hamburg-based system supplier is now announcing another success story in the neighbouring region of Andalucía. Conergy has sold its 2.3 megawatt grid-connected solar park to Ellomay Capital Ltd. This solar power plant, located close to the city of Córdoba, is exclusively equipped with Conergy components from its own manufacturing facilities.
Spain: 5.3 MW Conergy solar power plant connected to the grid
16 February 2012
A further solar park equipped with Conergy products has been connected to the grid in southern Spain. On an area of almost 36 hectares near the town of Mazarrón in the Murcia region, the two local Conergy partners Valfortec and Solaer installed components from the system supplier. Now over 22,000 modules on over 50 kilometres of Conergy SolarLinea mounting systems are producing clean energy here. This energy is fed into the Spanish power grid by over 380 Conergy IPG T inverters.
France: Conergy and Soligest built 6 MW installations on warehouse roofs
31 January 2012
Conergy France, together with its local partner Soligest, have recently completed three rooftop solar installations with a total power rating of 6.1 megawatts. The solar experts have installed more than 80,000 thin-film modules on 67,000 square metres of roof surface. Conergy was responsible for both the design and technical planning of the installation. This massive project consists of three separate installations. The largest of the three systems, at 2.7 MW, has been connected to the public grid by the end of January. It was installed on top of a logistics centre in Thiers, Puy-de-Dôme in France; the 2.3 MW installation is located in Bollène in Vaucluse; and a smaller 1.1 MW installation will now produce green energy on top of a warehouse in Maine-et-Loire.
100% customer protection: Conergy offers globally unique warranty service
26 January 2012
From 1 February 2012, Conergy will be offering a unique PremiumPlus warranty for its PowerPlus modules. In addition to a product warranty that has been extended to 12 years and a linear performance guarantee, it comprises some new, customer-friendlier warranty terms – and these represent not an empty but a fair promise made to the customer. In the event of a warranty claim, the PremiumPlus terms promise that Conergy will meet the costs involved in inspection and replacement up to a certain amount, guarantee the provision of a replacement module of the same type within the product warranty period, accept assessments by objective experts and allow the warranty rights to be transferred to a third party.
Conergy achieves 2011 sales guidance with around € 755 Mio.
24 January 2012
Based on preliminary figures, Conergy AG, Hamburg achieved sales of around € 185 million during the fourth quarter of 2011. For the entire year, group sales are around € 755 million which is in line with the communicated company guidance.
Greece: Conergy completes another 1 MW solar park on the Hellenic peninsula
23 January 2012
The dynamic course of Conergy Greece continues in 2012, despite the ongoing economic crisis in the country. After a successful 2011 with many projects in Greece, the solar experts completed another 1 megawatt solar park Volos in the north of Greece. The park is located in the industrial area of the city.
Edition "Noir": Conergy PowerPlus Module now also available in elegant black
18 January 2012
Conergy is making Germany's roofs more beautiful: in the future, the Conergy PowerPlus Premium module will be available in sophisticated black. As an alternative to the polycrystalline, classic blue module, the Hamburg-based company is now offering its "Edition Noir" as a second design option, with black cells and a black back sheet. Monocrystalline modules in four different performance classes, from 240 to 255 watts, will be available in this new look. The special Conergy SunTop mounting system is also available in the new "Noir" look, so now all your roof installations can be in black and the mountings and modules can be perfectly matched.
Conergy expands Management Board; eyeing growth markets
12 January 2012
Conergy AG (“Conergy”) expands its Management Board team from the own ranks and strengthens especially the expertise in the important growth market Asia. The Chairman of the Supervisory Board, Dr. Philip Comberg (44) is sent to the Management Board as CEO for one year with immediate effect. He is responsible for Strategy, Corporate Development, Corporate Communications, Human Resources, Compliance and Legal. Dr. Philip Comberg, a former investment banker, independent investor and consultant, has substantial knowledge about the industry and the Asian solar market due his former engagement on the Board of Solarfun Power Holdings.
Saudi Arabia: New financial centre going for solar “Made in Germany” with Conergy
10 January 2012
The latest financial centre of Saudi Arabia, the King Abdullah Financial District (KAFD), will be reducing its dependence on the kingdom’s oil reserves and will be relying on solar technology from Conergy for a portion of its energy requirements. By installing a solar system on the roofs of towers A and C – the first solar rooftop plant in Riyadh – the KAFD is choosing sustainable architecture with the aim of achieving one of the most significant eco certifications in the world: the “LEED Gold” certification awarded by the US Green Building Council.