Conergy AG (CGY.DE) has acquired Canada’s second largest solar company, ETI SOLAR Energy Technologies Inc.
ETI has sales of market share of 10% and CAD5.4 million in sales.
“In Conergy, however, we have found the ideal partner to allow us to grow into a leading provider of holistic regenerative energy solutions. In the future, we will be offering our customers the Conergy product range with its solar, wind and bioenergy systems that have been proven worldwide”, says Steve Wiebe, CEO.
“The wide expanses of Canada frequently offer more than enough sunlight that can be utilised for supplying energy particularly also in regions situated far away from the public grid. In addition, Conergy also offers solar warmth, wind and bioenergy systems, which cover the demand for electricity, heating and cooling in the different climatic zones on a local basis far away from the traditional supply grids, “explains Ulrich Senft, Managing Director for Conergy.
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