COLEXON NewsBreaker | April 2011 Colexon Logo
 
       
    COLEXON NewsBreaker April 2011  
   
Dear madam and sir,

The past few weeks have been a period of considerable activity for the solar market and indeed for COLEXON, with profound implications for the future direction of both. In the current edition of NewsBreakers we have summarised the most important events for you.

We report on the publication of our annual report and the adaptation of our business model to the changed framework conditions in the solar energy sector. These adaptations prepare us for the consolidation process in order to participate successfully in the growth of the Renewable Energy sector as a whole.

Happy reading!

Volker Hars                                   Dr. Rolando Gennari
CEO - COLEXON Energy AG    CFO – COLEXON Energy AG
 
   
 
   

Overview of the photovoltaic sector

 
   
 
   
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PV expansion hits northern Germany

The Bundesverband Solarwirtschaft e.V. (German Solar Industry Association) has analysed last year’s new PV installation trends.  The largest group in the rough total of 249,000 solar power plants, with a combined output of some 7,400 megawatt peak (MWp), is that of power plants with an output of 30 kilowatt peak (kWp) or less. These are largely used by private households and constitute 34 per cent of the newly installed solar power output (corresponding to 2,576 MWp) or, to look at it another way, 83 per cent of all solar power plants commissioned in 2010. Second in the list of categories were solar power plants with outputs of between 30 and 100 kWp (1,759 MWp new installations).

Just as striking is the growth of the category of solar power plants from 100 to 1,000 kWp.

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First Solar PV modules now for 10 to 30 kW commercial solar power plants available

Modules from the solar module manufacturer First Solar are now also available for use in smaller systems with outputs of 10 to 30 kilowatts (kW). First Solar and its business partners concentrated until now on commercial PV systems of more than 30 kW (direct current). With this move, First Solar is responding to the changes in the level of statutory subsidisation and the increasing demand for commercial systems below 30 kW.

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Inside COLEXON

 
   
 
   
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COLEXON publishes its Annual Report for 2010

On April 28 2011 COLEXON presented its financial report for the 2010 business year.  According to this, in 2010 the solar power specialists achieved the highest turnover - 196 million Euros - in the company's history. Not only this, but the overseas share of the project business increased to 42 per cent.

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COLEXON adapts its business model to changes in the market

On April 14 COLEXON announced that the company was to adapt its business model to the changed market situation. Changes to the legal position in the Italian, French and British markets have led the company to shift its focus to a significant extent away from large-scale projects. In future the emphasis is mainly to be placed on the trading segment and project-related services. Through its plans to carry out restructuring COLEXON aspires to an operatively and financially stable platform to allow it to participate in the growth of the Renewable Energies sector.

Read more...
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COLEXON Glossary

 
   
 
   
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Module certification

Guaranteeing the full functionality of PV modules is in the interest of both the owners of solar power plants and the banks which provide the finances for them. For the owners and the banks it is difficult to assess the quality of the many different modules on the market. For this reason, institutions such as TÜV Rheinland offer manufacturers the opportunity to have their modules tested for reliability and durability in the context of various testing procedures. If the modules perform well in the tests, they receive recognition in the form of a seal of approval.

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Primary energy consumption and CO2 emissions in electricity generation

Primary energy is a term used to describe energy carriers which occur naturally. Distinctions are made between fossil, non-renewable energy carriers such as crude oil, uranium ore and coal, and renewable energy carriers such as sun, wind, and water.

The different energy carriers can be transformed through chemical and physical processes into usable energy, such as, for example, electrical power or petrol. Depending on the transformation process and its level of efficiency, conversion losses of varying degrees of magnitude arise. The transformation of fossil energy carriers is associated with the release of environmentally damaging emissions such as carbon dioxide. The transformation of Renewable Energies, on the other hand, is associated with emissions of zero in the process.

Read more…
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COLEXON Contact

 
   
 
   
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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.
 
   
 
   
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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