Shanghai, May 21, 2007.Ole von Beust, the Mayor of Shanghai’s twin city, Hamburg and Vedat Guergeli, Managing Director Conergy Asia-Pacific officially opened the Conergy subsidiary at Plaza 66 in Shanghai today. During the opening ceremony celebration afterward, numerous business guests learned about the company’s commitment to growth in China’s renewable energy sector.
As Europe’s solar enterprise with the highest sales, and a leading international supplier in other fast-growing fields of renewable energy, such as solar thermal, wind and bioenergy, the Conergy Group is represented in more than 25 countries around the globe and employs more than 2,000 people. Since June of last year, the listed company (ISIN DE 00060 40025) has been rapidly expanding across Asia-Pacific and it now has offices in Singapore, South Korea, India, Australia, Thailand and Malaysia.
Through the Shanghai office, Conergy is better able to address Asia’s expanding energy demand. With a market growth rate of more than 30 percent annually, the Asian market for renewable energy is one of the most promising in the world and China will be a big part of that growth. Conventional power generation capacities alone won’t be able to keep pace with the fast economic growth and rising energy demand. According to China’s government, electricity generated by renewable energy will become a significant alternative, contributing over 15 per cent by 2020 to the country’s supply and 30 per cent by 2040. Mayor von Beust is convinced that, “renewable energy is important to the sustainable development of all countries. The Conergy Group is an excellent business partner and brings to China the high quality expertise and engineering you expect from German companies.”
“The Chinese government is putting strong emphasis on urban sustainable development,“ indicated Mr. Vedat Guergeli, Managing Director, Conergy Asia Pacific. “For this reason, large scale construction projects in the future will be realized with solar energy and grid-connected photovoltaic installations, which we provide. Building integrated photovoltaic technology (BIPV) which integrates the solar module aesthetically into the building’s façade is particularly well-suited for China’s fast growing cities which will be showcased during the Beijing Olympics in 2008 and EXPO 2010. BIPV provides a promising form of renewable energy for the future that is symbiotic with modern architecture since it produces electricity and provides weather protection and shading elements for the building at the same time. The combination of policies and energy trends are indications of an increased demand for renewable energy solutions and business potential for the whole Conergy Group in China.”
The Conergy Group and its flagship company SunTechnics, offers components and turn-key energy solutions in photovoltaic, solar thermal, small wind, biomass and hybrid technologies by utilizing unparalleled German engineering expertise. This expertise is based on the installation of more than 50,000 renewable energy systems around the globe and adherence to the highest standards in quality, efficiency and service. Conergy’s worldwide success is based on the ability to listen to the customers’ needs and develop exactly those solutions that optimally satisfy their energy requirements. This high level of customer orientation, along with proven engineering know-how, strong brands and an entrepreneurial organisation have given the company a decisive competitive edge, allowing it to achieve above-average growth in Europe and Asia. Currently, Conergy’s sister company SunTechnics is building the world’s largest solar power plant in SinAn, South Korea. |