PRTODAY / NewswireToday Free press release distribution service network

More news: Energy
Written by / Agency / Source: Conergy UK Ltd

Check Ads Availability|e-mail Article

Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

Conergy Acquires New UK Solar Projects Totaling 17.95MWp - Two new solar projects for Conergy: one in South Wales (13.5MW), the other in Cornwall, southwest England (4.45MWp) -
Conergy Acquires New UK Solar Projects Totaling 17.95MWp


NewswireToday - /newswire/ - Milton Keynes, United Kingdom, 2014/09/04 - Two new solar projects for Conergy: one in South Wales (13.5MW), the other in Cornwall, southwest England (4.45MWp) -

Your Banner Ad Here instead - Showing along with ALL Articles covering Energy Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


Wayne David, Member of Parliament for Caerphilly, South Wales: “This is tremendous news for the local area…It will send out a positive message about the Rhymney Valley and the future of solar power.”

Hamburg/ Milton Keynes, 4 September 2014 Conergy, one of the world’s largest solar downstream companies, announced today that it has acquired the rights to build and operate two solar power plants in the United Kingdom with a combined capacity of 17.95MWp from the developer Solar Securities for an undisclosed sum.

The larger of the two projects, a 13.5MWp plant on a disused coal mine in South Wales, has permission from local authorities to operate for 35 years, while a 4.45MWp plant in the county of Cornwall in southwest England, has permission for 25 years on a 35-year land lease. When built and connected to the grid by Conergy towards the end of the year, the plants will together produce enough electricity to power the equivalent of 3,200 homes.

Alexander Gorski, Global COO and CEO Europe, Conergy, said: “Last year in the US solar was second only to gas in new power capacity additions, and as the cost of technology reaches a very competitive level and capital costs continue to decline, solar will continue to grow rapidly, in established markets like the UK and new emerging markets. Conergy has strong local networks globally and we’re always on the look out for good projects. These two are excellent additions to our portfolio.”

Conergy’s projects business trebled in size globally in the first half of 2014 compared with the same period in 2013, with the UK making an important contribution that is expected to be sustained into 2015. The acquisition brings Conergy’s business in the UK so far this year to around 150 MWp in capacity.

Robert Goss, MD Conergy UK & Ireland, said: “Solar is increasingly eating into coal’s market share globally so it’s fitting that we should be starting a project in South Wales, which produced a lot of the coal that powered Britain’s industrial revolution. The site in Cornwall meanwhile is one of the best in the country, as it’s on higher ground and away from the coast.”

Nicholas Richardson, Solar Securities, said: “We’re delighted the projects are going ahead with Conergy, one of the most experienced and best builders of large solar projects in the world.”

Power generation from solar doubled in the last twelve months in the UK, producing a record 7.8% of demand on 21 June.

About Conergy
Conergy is one of the world’s largest downstream solar companies, specializing in the design, finance, build and operation of high performance solar systems for homes, businesses and utility-scale power. Founded in 1998, the company pioneered the expansion of solar power internationally, and today combines innovative technology and industry-leading engineering with access to capital. Headquartered in Hamburg, Germany, Conergy has a global sales network and established subsidiaries in 11 countries. The company is privately-held and majority-owned by Miami-based asset management firm Kawa Capital Management, Inc.

Conergy UK & Ireland, based in Milton Keynes, has worked on some of Britain’s most pioneering projects, including the UK’s first large scale solar farm (5MW) and a wave-shaped rooftop installation at Nationwide Building Society headquarters. The company is one of the five biggest builders of solar farms in the UK, according to Bloomberg New Energy Finance.

About Solar Securities
Founded in 2010, Solar Securities (Group) Limited (SSGL) is a UK developer of ground-mounted PV systems backed by RO Group, a well-established UK property, investment and trading group. To date Solar Securities has developed and exited sites with a combined capacity of 28.8MWp, and has a pipeline of further quality sites in development across southern England and Wales.

Your Banner Ad Here instead - Showing along with ALL Articles covering Energy Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


Written by / Agency / Source: Conergy UK Ltd


Availability: All Regions (Including Int'l)


Traffic Booster: [/] Quick Newswire Today Visibility Checker


Distribution / Indexing: [+] / [Company listed above is a registered member of our network. Content made possible by PRZOOM / PRTODAY indexing services]

# # #
  Your Banner Ad showing on ALL
Energy articles,
CATCH Visitors via Your Competitors Announcements!

Conergy Acquires New UK Solar Projects Totaling 17.95MWp

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name Newswire Today and LINK as the source.
  Is this your article?
Activate ALL web links and social stream by Upgrading to Press Release PREMIUM Plan Now!

Conergy UK Ltd | Solar Securities
Publisher Contact: Peter Browning - for Conergy 
+44(0)84 4381 4148 peter[.]
Newswire Today - PRZOOM / PRTODAY disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Conergy UK Ltd securities in any jurisdiction including any other companies listed or named in this release.

Energy via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY

Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

Read Latest Articles From Conergy UK Ltd / Company Profile

Read Energy Most Recent Related Newswires:

Enel and Luxottica Group Inaugurate Innovative Mini-biomass Plant in Northern Italian Town of Agordo
The Abraaj Group and ENGIE to Develop a Wind Power Platform in India
Enel Starts Operation of South America's Two Largest Solar Parks in Brazil
Anheuser-Busch and Enel Green Power Announce Renewable Energy Partnership
EDP Renováveis and ENGIE Consortium Awarded Long-term CfD for 950 MW Offshore Wind Project in UK
E-Distribuzione Installs over A Million Electronic 2.0 Open Meters
ENGIE, through its Subsidiary ENGIE Axima, has Opened Exclusive Negotiations to Buy MCI, French Specialist in Industrial and Commercial Refrigeration
Enel Starts Construction of Peru’s Largest Wind Farm
GE Hits 5GW Milestone of Wind Energy in Brazil
Enel Starts Operations of Delfina Wind Farm in Brazil
GE to Install Advanced Wind Turbines for 150 MW Clean Power Project in Pakistan’s Jhimpir Corridor
ENGIE to Develop its First Renewable Project in Mongolia
Enel Starts Construction of Ayanunga Hydro Plant in Peru
Sundance Square and Green Mountain Energy Announce Extended Clean Energy Partnership
Enel Signs Tax Equity Agreement for 300 MW Red Dirt Wind Project in the USA

Boost Your Social Network
& Crowdfunding Campaigns

NewswireToday Celebrates 10 Years in Business



Visit  RightITnow Ltd

  ©2017 Newswire Today — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution freenewswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
PRTODAY & NewswireTODAY are NOT affiliated with USA TODAY (