CARPEVIGO Holding AG
CARPEVIGO successfully launches solar projects in the USA
(DGAP-Media / 25.07.2012 / 11:30) Solar projects in California on a scale of 17 megawatts Project pipeline of around 30 megawatts by the end of the year Holzkirchen, 25.07.2012 - CARPEVIGO Holding AG, a developer of photovoltaic systems and power plants, has placed a portfolio of solar projects in California (USA) through its share in the company EarthShift Energy, LLC. The projects have a total volume of 17 megawatts (MW) with a value of more than 65 million US dollars. 'The new projects in California show that we are well positioned in the growth market USA and that we can, and will, continue to profit from this market in future,' as Jens F. Neureuther, CEO of CARPEVIGO Holding AG, expressed his satisfaction about the new developments. 'We want to further expand our involvement outside Germany and resolutely pursue the CARPEVIGO Group strategy of internationalization. We see ourselves as being on the right path in these endeavors,' Neureuther added. In the construction of the freestanding plant installations, only proven technologies are being used that are also deployed by CARPEVIGO in Europe. The project development has been carried out in collaboration with one of the leading North American solar project planners. Moreover, long-term purchase agreements, so-called Power Purchase Agreements (PPA), already exist with Californian energy suppliers for the electricity produced. Altogether, CARPEVIGO plans to develop and implement further solar power plants in the USA during 2012 with a volume of more than 30 MW. Characters (incl. spaces): 1,556 About CARPEVIGO: The Carpevigo group of companies designs, builds, operates and maintains power plants for electricity generation from renewable energy sources. The spectrum of services extends from site development and engineering over purchasing, project planning and construction to the ongoing operation of the solar power plants and the sale of the electricity generated to energy suppliers and grid operators. Business operations currently focus on Italy and Germany. The group, which is based in Holzkirchen, Germany, has a portfolio with an investment volume of around 80 million euros. CARPEVIGO Holding AG (ISIN: DE000A1MBGZ3), the group's parent company, is listed on the Munich Stock Exchange. About EarthSift Energy: EarthShift Energy (ESE) is a system integrator and project developer in the field of solar technology, in particular solar electricity generation. ESE, which is based in Scottsdale, Arizona (USA), believes the solar market is in a second phase of growth that will lead to a market penetration well beyond the hitherto dominant European countries. ESE is focused on the southern US region with its excellent environmental, economic and political conditions for the utilization of solar energy. Further information: CARPEVIGO Holding AG Ms. Susanne Kattwinkel Marktplatz 20 DE-83607 Holzkirchen Tel. +49-(0)8024-608383-13 Fax +49-(0)8024-608383-89 kattwinkel@carpevigo.de www.carpevigo.de Press inquiries: biallas - communication & consulting GmbH Mr. Marc Siedler Goseriede 4 DE-30159 Hannover Tel. +49-(0)511-676698-282 Fax +49-(0)511-676698-270 m.siedler@biallas-cc.de www.biallas-cc.de End of Media Release --------------------------------------------------------------------- Issuer: CARPEVIGO AG Key word(s): Energy 25.07.2012 Dissemination of a Press Release, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------- 179048 25.07.2012
Aktuelle News
Aktuelle Berichte
Keine Berichte gefunden
Anstehende Events
Keine Events gefunden
Webcasts
Keine Webcasts gefunden