Free press releases distribution network?

More news: Energy
Agency / Source: Conergy UK Ltd

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!



Conergy to Build Second Utility-scale Solar Plant in the Philippines - Conergy announced it will design and build a new 8MW solar power plant in the Philippines, its second major contract in the Pacific archipelago - Conergy.com
Conergy to Build Second Utility-scale Solar Plant in the Philippines

 

PRZOOM - /newswire/ - Hamburg, Germany, 2014/06/25 - Conergy announced it will design and build a new 8MW solar power plant in the Philippines, its second major contract in the Pacific archipelago - Conergy.com.

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Energy Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Conergy, one of the world’s leading PV solution and service providers, announced today it will design and build a new 8MW solar power plant in the Philippines, its second major contract in the Pacific archipelago. The deal will enable Conergy to complete by year end at least 30MW of projects qualifying for government incentives to encourage investment in the country’s first 50MW of utility-scale solar.

The new plant will be built 50 kilometres (31 miles) from the capital Manila, on the country’s biggest island of Luzon, for RASLAG Corp. (RASLAG), the renewable energy arm of generation company Angeles Power, Inc. (API). Once connected in the fourth quarter of this year, the plant’s 30,000 panels will produce enough electricity to supply 4,800 local homes. The size of the contract has not been disclosed.

Marc Lohoff, CEO for Asia Pacific, Conergy, said: “Conergy is proud to be working with RASLAG to deliver much-needed new power capacity in the Philippines. The project will further demonstrate Conergy’s leading position in building solar plants diligently, on time and to a high quality standard in South East Asia, securing clean electricity for homes and businesses at prices that are affordable and stable.”

The deal gives Conergy, already one of the market leaders for utility-scale solar plants in Thailand, a strong early position in the Philippines, where a wave of investment is tackling historic infrastructure challenges. Forecast by Goldman Sachs to become the largest economy in South East Asia by 2050, dependency on fuel imports, in particular of diesel fuel oil, and a weak grid contribute to some of the highest electricity prices in the world, fuel smuggling and frequent blackouts, constraining already strong economic growth of 6-8% per year.

The Philippine government therefore targets adding 16.2GW of new renewable power capacity in the next fifteen years, equivalent to the country’s entire generating capacity today. At the end of April, the Department of Energy (DOE) announced that 1.1GW of new utility-scale solar projects were planned, with the first built by Conergy in the Western Visayas region, and switched on by President Benigno Aquino III last month.

Alexander Lenz, President for Conergy Asia & Middle East, Conergy, said: “There are huge opportunities for solar to expand access to electricity and reduce energy imports in the Philippines. With high and predictable levels of sunlight, solar is already competitive with traditional power generation in many parts of the country. It’s early days and there are logistical challenges, but Conergy has excellent relationships with partners across the archipelago, which allow us to select and successfully develop the right projects.”

Contacts:
Germany: Moritz Rommerskirchen - E: moritz[.]browningpr.com
Singapore: Michelle Gozum - E: michelle.gozum[.]conergy.com
Rest of World: Peter Browning - E: peter[.]browningpr.com

About Conergy

Conergy (conergy.co.uk) is one of the world’s largest downstream solar companies, specializing in the design, finance, build and operation of high performance solar systems for homes, businesses and utility-scale power. Founded in 1998, the company pioneered the expansion of solar power internationally, and today combines innovative technology, industry-leading engineering with access to capital. Headquartered in Hamburg, Germany, Conergy has a global sales network and established subsidiaries in 11 countries. The company is privately-held and majority-owned by Miami-based asset management firm Kawa Capital Management, Inc.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Energy Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Agency / Source: Conergy UK Ltd

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick PRZOOM - Press & Newswire Visibility Checker

 

Distribution / Indexing: [+] / [Company listed above is a registered member of our network. Content made possible by PRZOOM / PRTODAY indexing services]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Energy articles,
CATCH Visitors via Your Competitors Announcements!


Conergy to Build Second Utility-scale Solar Plant in the Philippines

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name PRZOOM - Press & Newswire and LINK as the source.
 
  For more information, please visit:
Is this your article? Activate ALL web links by Upgrading to Press Release PREMIUM Plan Now!
Conergy UK Ltd |
Contact: Press Office - Conergy.com 
+44(0)84 4381 4148 info[.]conergy.co.uk
 
PRZOOM / PRTODAY - Newswire Today disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Conergy UK Ltd securities in any jurisdiction including any other companies listed or named in this release.

Energy via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!




Read Latest Press Releases From Conergy UK Ltd / Company Profile


Read Energy Most Recent Related Press Releases:

ENGIE and Statoil Agree on the Renegotiation of Their Long-term Gas Supply Contracts
ENGIE and AES Andres Leverage Core Strengths to Provide Reliable and Competitive LNG Supply in the Caribbean
Power Costs, Inc. (PCI) and GE Power Collaborate to Link Energy Operations with Energy Trading for End-to-End Machine to Market Software Solutions
GE Oil & Gas Signs Agreement with TAG GmbH to Install New Tuning Maintenance (TUMAS) Software on Entire Fleet of Gas Turbines
ENGIE Announces Two New Major Collaborations to Foster New Innovative Green Gas Production Methods Across Europe
Enel Inaugurates Apiacás Hydropower Complex in Brazil
Steam and Gas Turbine Manufacturers Realign Strategies to Harness Growth Opportunities within Clean Power Generation
Enel Starts Construction of Peru’s Largest Solar PV Plant
GE and Maersk Drilling to Pilot Marine Digital Transformation
SolarWinds to Join the Discussion on Interoperable IT Management for Defense Forces at AFCEA’s TechNet Asia-Pacific 2016

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
 
NewswireToday Celebrates 10 Years in Business
Find business coaching, life coaching, executive coaching and corporate coaching, best selling coaching books, ...



PREMIUM Members


Visit  La Bella Bakery Artisan Bakery Arizona

Visit  BizJobs.com

Visit  NAKIVO, Inc.







 
  ©2016 PRZOOM — Limelon Advertising, Co.
Home | About PRZOOM | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneur newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today