CONERGY, EUROPE'S LEADING RENEWABLE ENERGY COMPANY, SITES ASIA-PACIFIC HEADQUARTERS IN SINGAPORE
Europe's number one solar system provider is locating its Asia-Pacific Headquarters in Singapore to further expand into Asia's most lucrative markets for renewable system engineering.
Tweet-- Hamburg / Singapore- Conergy, Europe's number one solar system provider is locating its Asia-Pacific Headquarters in Singapore to further expand into Asia's most lucrative markets for renewable system engineering The Germany-based Company plans to triple its total sales internationally in 2006. A considerable portion of this growth will come from the Asia-Pacific renewable energy markets, with Singapore being a key centre for its business operations. Conergy has existing business operations in Korea, India, Thailand and Australia which will be managed strategically from the new Headquarters. What other functions will be handled from the Spore office? How many people in this office?
Dr. Yaacob Ibrahim, Minister for the Environment and Water Resources, and Hans-Martin Rüter, CEO and founder of Conergy, officially opened the new Asia-Pacific Headquarters in Singapore today during a ceremony attended by numerous guests from industry and government. Mr Ko Kheng Hwa, Managing Director of the Singapore Economic Development Board, said, "Congratulations to Conergy on the official opening of its Asia-Pacific Headquarters in Singapore. As a leading renewable energy company, Conergy's decision to use Singapore as its strategic nerve centre to grow its business in the Asia-Pacific is a major boost to our efforts to develop Singapore as a major hub for the alternative energy industry. With our strategic location, multi-disciplinary research competence, excellent supporting capabilities and world class Intellectual Property protection regime, renewable energy leaders like Conergy are able to develop their technologies and solutions and serve the Asia-Pacific markets from Singapore with ease."
Primary energy consumption in Singapore and in other Asian countries is rising annually by more than 3.5% due to the economic upswing and population growth in Asian nations. The limited supply of fossil fuels is becoming ever scarcer and hence more expensive. Renewable energies are poised to play an increasingly important role in meeting the world's energy needs in the near future. The Conergy Group is making an important contribution by preparing the foundation for a future where energy consumption is based on a clean and sustainable mixture of sources. "Thanks to its economically strategic location, its friendly business environment, political stability and first-class infrastructure, Singapore serves as an excellent operational hub for our Asia-Pacific operations. By 2008 the company expects to employ more than 300 people in the region across areas including sales, engineering, marketing, and central services positions", said Hans-Martin Rüter.
With a market growth rate of more than 30 percent annually, the Asian markets for renewable energy rank amongst the most promising in the world. Conergy's existing business operations in Asia already contribute substantially to the company's expected growth of more than 50 percent in 2006. With over 30 percent global market share, Conergy is currently the leading supplier of complete tailor-made solar systems in Korea. Experienced solar experts of Conergy's subsidiary SunTechnics recently realised, with proven German engineering know-how, the largest solar project to date in Korea.
"We already enjoy close proximity to the customer as we are represented in 22 countries on five continents. Our worldwide success is based on our ability to listen to the customers' needs and develop exactly those solutions that optimally satisfy their requirements. This high level of customer orientation, along with our proven engineering know-how, strong brands and an entrepreneurial organisation gives us the decisive competitive edge, allowing us to achieve above-average growth in Europe and Asia.", explains Hans-Martin Rüter.
Since the beginning of the year, Conergy has set up eleven new distribution outlets and acquired eight companies across the world to look after its customers' needs for energy, heat and cooling from the sun. The Conergy Group is also a leading supplier in other fast growing fields of renewable energies, such as solar hybrid systems (combining a mixture of clean energy sources into one solution), solar heating, solar thermal power plants, bio and wind energy. In India, for example, Conergy's subsidiary SunTechnics works on implementing solar hybrid systems in 25 rural villages providing environmentally friendly power from solar, wind and bio energy in remote areas. In several countries such as Spain, North Africa, Turkey and Australia, Conergy is working on different development stages of solar thermal power projects. Worldwide, one out of ten solar systems is planned and realised by Conergy engineers.
Regional Head of Asia-Pacific is Matthew Thornington, is analysing regenerative requirements to offer every energy consumer the most suitable technologies in those markets where renewable energy is an attractive option. "Conergy's unique and diverse renewable product range has massive growth potential in Asian markets, where renewable energy demands vary from region to region," said Thornington. The British national has lived in Asia for more than ten years and previously managed major renewable projects used for rural electrification.
About Conergy
With an expected turnover of more than US$1 billion in 2006 and employing more than 1,300 staff, Conergy is the largest solar company in Europe and a leading international supplier in other fast-growing fields of renewable energies. Headquartered in Hamburg, Germany, the company is pursuing a customer-focused global growth strategy, which is aimed at providing every energy user worldwide with the best technology in the renewable energy markets. Conergy addresses varied global energy demands with a broad product range covering solar, wind and bio energy in 22 countries on five continents. A team of experienced Business Developers based in Singapore analyse regenerative requirements, which vary significantly from region to region, and the customer potential of the Conergy brands to further expand into the Asian-Pacific region.
For Media Queries:
Ms.Dolon dasbhaumik-9871439396
Mileage Communications
30,HauzKhas Village (3rd Floor)
Tel. no. 26511423, 26511342
Email id- mileage@vsnl.com; dolon@mileage.in
Notes to Editor
Mileage Communications Pvt.Ltd