The Conergy Group, a leading global supplier of renewable energy products and solutions, has expanded its presence in the Indian renewable energy market. It has set up regional offices at four main cities – Delhi, Kolkata, Pune and Bangalore for pursuing the B2B model with a wide network of distributors and dealers. The company’s first order worth € 27,034.00 75Wp x 100 Nos. has been executed. The sales revenues for 2007 are Mio. € 1.00 and should go up to Mio. € 5.00 in 2008. It is expected to double by 2009.

Recently, Conergy has been awarded the Garh (Rajasthan) electrification project. The project cost is estimated at Euros – 20,000. The village was chosen after extensive surveys in the area. A state-of-the-art Conergy Central Power Plant will be installed, with a Battery Room and underground cabling for home and street lighting. Conergy will maintain the installation for one year. After that the Gram Panchayat will take ownership of the power plant as well as the maintenance issues, helped by the Conergy Distributor. Garh is one of the most backward villages in the country, having neither landline nor mobile services. Electrification had earlier been attempted by an NGO, but proved an utter failure.

Another project already implemented by the Conergy Group Company SunTechnics is part of the Remote Village Electrification Program undertaken by the Indian Ministry of New and Renewable Energy (MNRE)through various nodal agencies across the nation. In the federal state of Maharashtra, solar systems are being installed in 16 districts, Satpura Hill Ranges being one of them. The choice for the 50 participating villages goes back to the fact that they cannot be connected to the public power grid for at least five more years. Total districts this order covers are 6 (Gadchiroli, Jalgaon, Dhule, Ratnagiri, Nagpur and Nandurbar). Total home lighting systems installed1300 nos., and total street lighting systems installedis149 nos.

In India the gap between energy demand and installed capacity will increase dramatically throughout the next 20 years. Today‘s potential of Renewable Energy Sources in India is much higher than the actual existing installed capacity. For example the potential for harnessing wind power is estimated at 45,000 MW while the actual exploitation stands at -4,400 MW. Small Hydro (up to 25 MW) could produce 15,000 MW of power and photovoltaic add another 20MW per square kilometre. In both cases the installed capacity is negligible

The company has the opportunity to cover 35 states and union territories, 593 districts, 5600 towns and cities, 600,000 villages and 1.08 billion populations, and 3.28 Mio.sq.km. land area. More than 13% of the rural areas – i.e. 80,000 villages out of 600,000 are yet to be electrified. The country’s energy demands are immense with the current additional energy demand of 70,000 MW. Out of the total 118,500 MW of energy produced 6% is from RE. Renewable Energy is 7100 MW and is targeted to reach 10000 MW by 2012, largely in wind and small hydro.

- End -

About Conergy

The current Chairman of the Board Hans-Martin Rüter founded Conergy AG in 1998. With an expected turnover of 1,25 billion euros in 2007 and employing more than 1600 staff currently, Conergy is the largest solar energy company in Europe and is a leading International supplier in other fast growing fields of Renewables such as wind and bioenergy. Conergy has highly efficient solutions in the solar thermal, bio-energy, wind and ambient/geothermal energy space. Conergy is already represented in 23 countries on five continents and has opened its Asia Pacific operations with headquarters in Singapore.