Conergy AG

euro adhoc: Conergy AG
Conergy and Suntech Power sign $270 million solar module supply agreement for 2007 Manifold increase over 2006 in volume of solar modules supplied by Suntech Power

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Hamburg based Conergy AG, the European solar company with the highest sales volume and the world’s largest system integrator, signed a contract with China’s number one solar module and cell manufacturer Suntech Power. Solar modules worth at least $270 million are scheduled for delivery to Conergy in 2007. This amount represents a manifold volume increase of Suntech Power solar modules supplied to Conergy compared to 2006. The high-quality and efficient Suntech Power modules shall be used in Conergy Group’s construction sites around the world. With this contract, Conergy now has secured the supply of more modules than required to accomplish the planned growth of its worldwide solar business in 2007. Furthermore, the partnership with Suntech Power also includes the joint realization of specific product features with the aim of even better fulfilling the needs of Conergy’s global customers.

About Conergy Conergy AG is considered to be the highest volume solar company in Europe, and also numbers among the leading international providers of other rapidly growing fields of renewable energy, including bioenergy. Conergy pursues a customer-oriented global growth strategy which aims to offer each energy consumer worldwide the most appropriate technology in attractive markets for renewable energies. In foreign markets, the energy requirement for electricity, heat or cooling varies greatly. Conergy therefore offers a wide range of regenerative energy products, and has an internationally oriented management team. The Conergy Group is now represented with its own branch offices on five continents.

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ots Originaltext: Conergy AG
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Branche: Energy
ISIN:      DE0006040025
WKN:        604002
Index:    TecDAX, Technologie All Share, CDAX, HDAX, Prime All Share,
              Midcap Market Index
Börsen:  Frankfurter Wertpapierbörse / official dealing/prime standard
              Börse Berlin-Bremen / free trade
              Hamburger Wertpapierbörse / free trade
              Börse Düsseldorf / free trade
              Niedersächsische Börse zu Hannover / free trade

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