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Conergy Reports Preliminary Financial Results for 2005

According to preliminary figures, the Conergy Group has increased sales in 2005 by 86% to ?530.2 million (2004: ? 284.8 million), thereby exceeding its set goal of ?500 million. The after-tax results saw a disproportionate increase of 153% to ?27.8 million (2004: ? 11 million). The company has thus been able to further expand its position as Europe’s largest solar company. Conergy anticipates that detailed figures will be published at the end of March 2006. In 2006, Conergy intends to invest in the further internationalization of its distribution activities. The company will also expand its product range with a focus on renewable energy. Website: http://www.conergy.de     

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Global Report Shows Record Wind Year Across the World

According to figures released by the Global Wind Energy Council (GWEC), 2005 saw the installation of a record 11,769 MW of new wind power, up from 8,207 MW in 2004. The total value of new generating equipment installed was over ?12 billion, or US$14 billion. Cumulative installed wind power capacity now stands at 59,322 MW worldwide, a 25% growth over what was in place a year earlier. “The overall picture confirms that the right political framework is crucial to sustain the growth of wind power around the world and to open new markets. Some 48 governments have already introduced laws and regulations to support the development of renewable energies, but this effort needs to be increased if the benefits of wind energy are to be reaped around the world,” said GWEC Chairman Arthouros Zervos. The countries with the highest total installed capacity are Germany (18,428 MW), Spain (10,027 MW), the U.S. (9,149 MW), India (4,430 MW) and Denmark (3,122). India has overtaken Denmark as the fourth largest wind market in the world. A number of other countries, including Italy, the U.K., the Netherlands, China, Japan, and Portugal now have over 1,000 MW of installed wind power capacity. In terms of […]

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US State Clean Energy Funds Innovative Approaches to Solar Energy in New Homes

States are using a variety of innovative approaches to support the market for solar energy in new homes, according to a new report released today by the Lawrence Berkeley National Laboratory and the Clean Energy States Alliance (CESA). The report describes the specific approaches that state clean energy funds and several other organizations have pursued to drive the adoption of solar photovoltaics (PV) in new homes. “New homes have increasingly been recognized as a promising market for solar energy,” explains Ryan Wiser of Berkeley Lab, “and this report provides a useful point of reference for identifying the types of strategies that could be used to support the growth of this market.” The report comes on the heels of a proposal in California to implement the world’s largest initiative aimed specifically at stimulating growth of PV in the new residential construction market. A driving force behind the proposed 10-year, $350 million program is California Governor Arnold Schwarzenegger’s goal to have PV installed on half of all new homes built in the state by 2017. And California is not alone: not only are other states increasingly supporting solar energy, but many of these states are targeting the new residential construction market. “Clean […]

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