Conergy
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Conergy AG was founded in 1998 by the current chairman of the board Hans-Martin Rüter. With an expected turnover of 1,25 billion euros in 2007, and employing more than 2000 staff currently, Conergy is one of the leading solar energy companies in Europe. The company pursues a customer-focussed global strategy of growth that aims to offer every energy consumer worldwide the most suitable technology in markets that are attractive for renewable energy. As a manufacturer of solar-thermic, photovoltaic and wind components, Conergy supplies exclusively via commercial partners. Conergy uses this tried and trusted know-how in order to offer tailor-made components and complete systems for optimal exploitation of solar energy and in order to continually develop them further.
Since March 2005 Conergy AG has been registered at the Frankfurt Stock Exchange with the abbreviation “CGY“ and the ISIN DE 00060 40025. Three months after its successful IPO, the company is now listed on the TecDAX. Based on the healthy European market position and a scalable company model, Conergy has been increasingly building a presence in further attractive foreign markets.
Conergy now operates subsidiaries in 25 countries on five continents. As well as expansion into the most promising solar markets worldwide, Conergy plans a customer-oriented diversification of its product range. With this strategy Conergy will achieve greater balance against temporary fluctuations in regional markets. Via three brands, which are clearly delimited relative to each other, the Conergy group serves solar wholesalers, installers, industrial or private roof-owners and investors in solar power as required. In this way the respective customer wishes can be tackled and implemented by specialist sales teams – a key factor for the success of the Conergy Group. Potential for growth is additionally created by extension of the solar portfolio based on needs, for instance with large solar-thermic plants and solar cooling systems.
Currently, Conergy AG is building its fully automated, state-of-the-art wafer-, cell- and module plant in Frankfurt (Oder). By the end of 2007 up to 50 MW of modules will be produced on site. From 2008 on, the wafer, cell and module production lines will reach their full capacity of up to 250 MW of modules annually, about 1.25 Mio. modules respectively. The modules will be used for Conergy’s international sales channels.
In the medium term, Conergy will create 1000 jobs on site thus contributing significantly to the solar industries in Germany.
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