Bangalore, April 19, 2007: The Conergy Group, a leading global supplier of renewable energy products and solutions, expands its presence in the Indian renewable energy market. After successfully implementing SunTechnics, its flagship company as one of India s leading providers of turn-key systems on the B2C for renewable energies, the publicly listed Conergy Group proposes to drive its business activities on the B2B model with the product brand Conergy.
With a vertical integration strategy that positions the Conergy Group strongly in each level of the renewable energy value chain, the Company expects global revenues to rise by another 60% to more than 1.5 billion USD in 2007, with India being one of the driving forces. “The renewable energy market in India ranges among the most sustainable renewable energy markets in the world as its growth is economically driven”, explains Dr. Edmund Stassen during his visit in India. With more than 80,000 remote villages without electricity, India has a great demand for solar home systems or hybrid systems which combine a variety of renewable energies such as wind and solar energy also in combination with diesel. To date, solar home systems and hybrid systems provide the most effective and cost efficient solution for rural electrification. Therefore the Indian renewable energy market will grow steadily by a percentage of 50”, explains Dr. Edmund Stassen further, addressing a Round table on Renewable Energy organized by the Bangalore Chamber of Industry and Commerce. Conergy’s extensiveGerman engineering know-how in photovoltaic, solar thermal, bio energy, wind energy and hybrid systems, acquired over a period of more than 10 years through building thousands of systems in more than 23 countries, enables Conergy to adapt the energy technology to suit the prevailing conditions and to offer its customers worldwide optimized components and system solutions that satisfy their individual needs at a high quality level. With its holistic business approach and its three brands, the Conergy Group now assures its Indian market a one stop shop for clean energy with which it will try to outperform the market growth.
Raveendra Kamat joins Conergy as Country Manager India
With Raveendra Kamat (44) Conergy has been able to win a well-experienced executive for its customer-oriented sales management. As Country Manager India located in Bangalore, Raveendra Kamat will be in charge of national customer orientated sales strategies for Conergy products for renewable energy systems ranging from single components such as high quality Inverter, state-of-the-art mounting systems, and solar modules to complete renewable energy systems tailor made for customer needs. “In view of the drastically increasing energy requirements and rising prices throughout most of India, Conergy’s unique and varied renewable energy product range has massive growth potential,” said Kamat looking forward to his new role with Conergy. The Electronics & Communications Engineer held several managerial positions with multinational renewable energies companies and has over two decades’ experience in business development, sales and marketing with special emphasis on solar photo-voltaic and solar thermal. Kamat played significant leadership roles at the Central Electronics of the Government of India, Tata BP Solar India, Webel Solar and Rashmi Industries, amongst others. To his credit goes the marketing of solar driven appliances such as water heaters, swimming pool heating systems, pasteurizers, crop dryers and space heating systems. |