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Emmvee Solar Systems

RE-Invest Establishes India as New Global Renewable Hub

Submitted by Baerbel Epp on March 3, 2015
RE-Invest 2015RE-Invest 2015, the first Renewable Energy Global Investors Meet & Expo, organised by the Ministry of New and Renewable Energy (MNRE), showcased the Indian government's commitment to the development and uptake of renewable energy in India, in order to meet the national energy requirement in a socially, economically and ecologically sustainable manner. The conference held in New Delhi from 15 to 17 February brought together the global investment community and renewable energy stakeholders from India. The photo shows the industry panel Make in India II, which was attended by representatives of well-known renewable energy manufacturers, among them D V Manjunatha, Founder and Managing Director of flat plate collector and tank manufacturer Emmvee Solar Systems (first from left). He bought back the 50 % stake in his company from Danish Solarcap in June 2014 and is now again the sole owner of a company with a turnover of between EUR 9 and 11 million and around 200 employees. 
Photo: MNRE
 

Austria: Robert Kanduth Buys Back 50 % Greenonetec Stake

Submitted by Baerbel Epp on January 1, 2015
Robert KanduthDanish Solarcap’s solar disinvestment strategy continues: In November 2014, the subsidiary of the Danish VKR Holding sold its 50 % share in Austrian collector manufacturer Greenonetec back to the founder, Robert Kanduth (see photo). Kanduth is an Austrian entrepreneur with experiences in a wide variety of business segments, such as hotels, photovoltaics, as well as solar thermal. The second half of Greenonetec belongs to Austrian company Kioto Clear Energy, of which Kanduth owns around 65 %. This holding has 310 staff and made a turnover of EUR 90 million in 2013, including solar thermal and solar photovoltaic production.
Photo: Greenonetec
 

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