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Centrosolar establishes UK subsidiary Sonnenstromfabrik obtains certification for UK market
München, September 2, 2010 – Centrosolar has established an international subsidiary in the UK. Following the introduction of attractive feed-in tariffs in April, Centrosolar UK Ltd. will be in a position to respond to increased demand for photovoltaic systems particularly in England. Centrosolar is pleased to have been able to recruit an experienced solar specialist with an excellent knowledge of the market to run the British subsidiary.
Centrosolar thus continues with its drive for international expansion: in establishing the new UK subsidiary, the company has now set up its ninth branch outside Germany. The UK branch will be based near London and will be run by Simon Gerrard. 33-year-old Gerrard has been working in the solar industry for seven years, latterly as head of Domestic Sales for one of the leading British solar companies.
Now that attractive feed-in tariffs are available in the UK, Centrosolar detects increased potential for photovoltaic systems on private houses and commercial roofs. Alongside its integrated packages comprising crystalline high-performance modules and all the components that are needed to operate a system, it supplies lighter thin-film systems that are especially suitable for roofs with low load reserves. Gerrard and his team are able to tap into an existing network of sales partners covering the wholesale, installation and social housing sectors, which is to be further expanded.
In the crystalline segment, Centrosolar uses exclusively solar modules manufactured at the group’s own Sonnenstromfabrik plant in Wismar, Germany. Centrosolar has already applied for certification under the Microgeneration Certification Scheme (MCS), which is vital for business in the UK, and it passed the required inspection of production operations at the end of August.
About CENTROSOLAR Group AG:
The listed company CENTROSOLAR Group AG, Munich, (stock exchange code WKN 540750) is one of the leading suppliers of photovoltaic (PV) systems for roofs and key components, with over 1,000 employees in Europe and the USA and annual revenue in excess of EUR 300 million (2009). Its product range comprises solar integrated systems, modules, inverters, mounting systems and solar glass. It generates around half its revenue internationally. There are CENTROSOLAR branches in Spain, Italy, France, Greece, Switzerland, the Netherlands and the USA.
CENTROSOLAR has a solar glass manufacturing plant in Fürth and a module production plant in Wismar (Germany). Over the past two years, the production lines for the finishing of glass have been substantially extended in response to rising demand and now have an annual production capacity of up to six million square metres. Module manufacturing was also stepped up quite substantially in response to soaring demand. The module plant certified to DIN ISO 9001:2000 in Wismar is one of the largest and most effective such plants in Europe, with an annual capacity currently of 155 MWp. For further information, visit:www.centrosolar-group.com.
For further information, please contact:
MetaCom Corporate Communications GmbH
Georg Biekehör, tel.: +49 (0) 6181 982 80 30
E-mail: g.biekehoer(at)go-metacom.de