Conergy Sells Two Solar Thin-film Projects

Conergy AG has sold two solar photovoltaic (PV) plants, Igling-Buchloe and Neuhaus, to a German Emissionshaus. The plants have been completed and are now feeding power into the public grid. Both plants were planned and developed by the Conergy subsidiary EPURON, with financing provided by a German regional bank.

The Conergy Group installed 44,937 First Solar Modules with a total surface area of 32,354m² and integrated 12 Conergy inverters to give Neuhaus in Baden-Württemberg 3.3 MW of total capacity.

With a total power output capacity of 5.8 megawatts (MW), Igling-Buchloe in Bavaria is one of the largest thin-film PV plants in the world. First Solar supplied78,210 thin-film modules for the project that are supplying electricity every day. The modules have a combined surface area of 56,311m². This is then fed into the electricity grid via 20 Conergy inverters.

Conergy is currently undertaking a restructuring process. Over the past few months, the Hamburg-based company has sold off nearly all if its non-core activities and has moved out of markets outside Germany that it does not see becoming profitable. The company said that it plans to stabilize its financial situation on a sustainable basis by means of an capital increase.

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