Bright Outlook for German Solar Energy Firm

April 15, 2004 [] Germany’s Conergy Group said they have transformed the company over the last year into a leading supplier of solar systems and components in Europe. With approximately 30 MW of photovoltaic (PV) capacity, the company had a market share in Germany of significantly more than 20 percent. Consolidated sales increased by 67 % to EUR 122.2 million (US$146 million) in comparison to the previous year’s figures. At the end of November, solar-thermal production began at Landshut, marking Conergy’s entry into a complementary business segment. The threefold increase in floorspace dedicated to the production of mounting systems and module frames near Berlin has improved the general workflow while forming the basis for further growth. With the market launch of SunCheck and SunReader last year, Conergy is now able to offer both installers and consumers solutions for monitoring the performance of solar systems.


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