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COLEXON NewsBreaker | August 2010
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Dear Sir or Madam,
Reduction of the feed-in tariff or not, the first half of 2010 was good for COLEXON. This is demonstrated by the figures that we were able to present in our half-year report. Once more it was clear that it makes sense for our business to be supported by three pillars. And there is more good news: solar systems are becoming still more competitive. And COLEXON has secured a further allocation of the best thin-film modules in the world for 2011. You can read about why this is so in this NewsBreaker.
We wish you enjoyable reading.
Thorsten Preugschas
CEO - COLEXON Energy AG
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Overview of the photovoltaic sector
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The solar industry grows more efficient
Solar electricity is coming ever closer to being an economically
competitive alternative to conventional energy sources. This dynamic
development towards what is known as grid polarity - the time at which
solar energy will cost the same as energy from conventional sources - is
attributable on the one hand to technological advances in the
manufacturing process and on the other to significant efficiency
increases in the development and construction of solar plant. This is
being confirmed by recently published reports from various solar
companies and elsewhere.
Read more...
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COLEXON Half-year report 2010
The half-year report of COLEXON Energy GmbH published on August 11 makes it clear: the Hamburg-based solar company linked in to the positive developments of the first quarter and maintained the successful growth of the Group's business both domestically and internationally in the 2nd quarter of 2010. Thus, turnover increased on the previous year by 82% to €109.2 million (c.f. 2009: €60 million) and the result before interest and taxes (EBIT) grew by 50% to €8.6 million (c.f. 2009: €5.7 million euro). With this result COLEXON can look back on the most successful half year in the company's history.
Read more... |
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COLEXON builds on cooperation with First Solar
COLEXON Energy AG has renewed its basic contract with its partner of
many years, First Solar, and increased its delivery volume for 2011 by
65%. On the one hand, COLEXON is thus emphasizing the growth predictions
for its own national and international group business. On the other,
the Hamburg company is responding with its larger delivery volume to the
increased demand for high-quality First Solar modules.
Read more...
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Bronze Award for COLEXON year-end report
COLEXON's end of year report for 2009 was honored in the 2009 Vision
Awards Annual Report Competition held by the League of American
Communications Professionals (LACP) as one of the best reports in the
industry. The jury, made up of independent communications experts from
various countries, gave full marks to each of the letter to
shareholders, the editing of the text and figures, and the information
content. The final result was 95 points out of a possible 100 and thus a
bronze award in the "Energy — Equipment & Services" category.
Read more...
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Shading
Shading plays a major role in the functioning of solar power plant.
Temporary shading, for example by leaves, snow or dust, is usually
removed by the self-cleaning function of the modules using runoff rain
water. The more steeply the system is inclined, the better the
self-cleaning works. Far more problematic than these temporary effects
caused by simple accretion of dirt is the shading caused by the location
itself. This relates mainly to shadow thrown onto roofs by, for
example, trees, masts, antennae, smokestacks, or existing buildings or
planned future buildings in the vicinity.
Read more...
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BOS Costs
In photovoltaic systems, BOS (balance of system) costs include all costs
for components and services that are required in order for a
photovoltaic plant to be erected and made ready for service - excluding
the costs of the modules. These might include, for example, the costs of inverters, substructure, cabling, and connection to the power network.
Read more…
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Do you have comments or suggestions regarding the COLEXON NewsBreaker
or questions regarding the company? Personal contact is important to
us. Get in contact with our PR / IR team.
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COLEXON Energy AG | Große Elbstraße 45 | 22767 Hamburg | HRB 93828
District Court Hamburg - Germany | VAT-ID: DE 198 423 754 | Executive Board: Volker Hars (CEO), Dr. Rolando Gennari (CFO) |
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