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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
 

Denmark: New Arcon-Sunmark Focuses on Large-Scale Turnkey Installations

Submitted by Baerbel Epp on February 12, 2015
Sunmark VietnamDanish VKR Holding purchased collector manufacturer and turnkey system supplier Sunmark Solutions, also from Denmark, and incorporated the company into subsidiary Arcon Solar. The two firms have now merged to become Arcon-Sunmark, a direct subsidiary of VKR Holding and headquartered in Skørping in Northern Jutland, Torben Sørensen, Chairman of the Board of Arcon-Sunmark, says in a press release from 3 February 2015. Sørensen quit his job as CEO of Danish VKR subsidiary SolarCap, which was shut down and all its stakes divested in the course of 2014. Solarthermalworld.org has reported on the buyout of Sonnenkraft, as well as Greenonetec. The photo shows the Vietnamese collector production factory of Sunmark Solutions.
Photo: Sunmark Solutions

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
 

Austria/Europe: General Solar Systems and Sonnenkraft Management Buyout

Submitted by Baerbel Epp on February 27, 2014
Since 1 January 2014, General Solar Systems (GSS), one of the biggest solar thermal system suppliers in Europe, has had a new owner: Together with Austrian investors, former GSS Financial Director Primus Spitzer took over the company from Danish Solarcap, a subsidiary of VKR Holding. The takeover was announced in a press release on 3 February 2014. GSS with its well-known brand Sonnenkraft is now owned by Austrian company PS Helios headquartered in St Veit, Austria, with Spitzer being the only shareholder. According to the press release, GSS employed nearly 150 staff and achieved a turnover of around EUR 45 million in 2013.
 

Denmark/Hungary: Velux to Close Down Solar Collector Business

Submitted by Baerbel Epp on October 28, 2013

“The Velux Group has decided to discontinue sales of solar thermal collectors during the autumn 2013.” This was the first sentence of a short statement which appeared on the internet pages of the different Velux distribution partners in Europe in the middle of September 2013. It continued with the words: “Even though we stop selling solar thermal collectors, we will continue to provide service and spare parts for maintenance of your Velux solar thermal system.” By closing the chapter on its solar thermal endeavour, the Velux Group will once again focus only on its core business – selling roof and flat roof windows as well as blinds.
Photo: Velux

Denmark: Construction Start on Dronninglund’s Solar District Heating Plant

Submitted by Baerbel Epp on April 10, 2013

On 15 March, the excavators began their work for Denmark’s largest solar district heating project so far. The collector field in the town of Dronninglund, about 30 km northeast of Aalborg, will have an area of 35,000 m², but installing the collectors will only be the last step. First, there is the seasonal pit heat storage - a hole in the ground filled with 60,000 m³ of water. In combination with the seasonal heat storage, the solar plant is said to achieve a yield of 15,000 MWh per year and to provide 40 % of the heat for the local district heating network with its 1,350 customers. In the long run, the collectively owned district heating company Dronninglund Fjernvarme plans to provide all of its heat through renewable energies to keep heat prices stable, albeit there have not yet been any details on how to accomplish this task. Currently, the heating network’s supply is based on four combined gas-based heating plants (7 MWel and 12 MWth total) and two biofuel boilers (15.1 MW total).
Photo: ARCON Solar

Austria: Greenonetec Celebrates Two anniversaries

Submitted by Baerbel Epp on May 8, 2012

 Robert and Helvig Kanduth 20 solar years, 50 years of age, one success story: This was the motto under which Austrian collector manufacturer Greenonetec celebrated the company’s 20th anniversary and the 50th birthday of its CEO Robert Kanduth (shown in the picture with his wife Helvig) on 13 April 2012. Over the last 20 years, Kanduth has not only been successful in leading his company, which is the No 1 flat plate collector manufacturer worldwide, but also in acting as the chairman of the Austrian industry association Austria Solar.
Photo: Dietmar Wajand

Sonnenkraft: “We Have a Responsibility to Innovate and Develop Solar Energy”

Submitted by Baerbel Epp on February 28, 2012

 Magnus Wallin (left) and Torben Sørensen With the expansion to the United Kingdom and Switzerland, Sonnenkraft’s network of sales offices now spans across nine countries. When adding the company’s partnerships in other markets, the manufacturer is among the solar thermal businesses with the most extensive market coverage across Europe. Solarthermalworld.org spoke to Magnus Wallin (left), who has been Director of new and emerging markets in Sonnenkraft since 2008, and Torben Sørensen (right), CEO of SolarCAP since 2010 (the Danish holding company of Sonnenkraft – among other companies) who came from a position as CEO of Faber and Benthin Group (subsidiaries of VKR Holding), about the market potential in different European countries and the company’s future growth strategy.
Photos: Sonnenkraft

Turkey: Ezinc Celebrates a Total of 3,000,000 m2 of Produced Collector Area

Submitted by Baerbel Epp on February 15, 2010

 jubilee collector of Ezinc” Jubilee collector on display in the headquarters building: This collector panel completed in December 2009 the total of 3,000,000 m2 of produced collector area Turkish manufacturer Ezinc Metal San. has produced since it started production in 1983. Photo: Ezinc

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