Puetz Solar Group of Germany Launches U.S. Subsidiary in Florida

HN Solar Energy Provides PV Solar Systems for Residential, Commercial and Utilities

Orlando, Fla., Jan. 23, 2013 – Puetz Solar Group of Germany has launched a U.S. subsidiary, HN Solar Energy, based in Orlando, Florida, to provide complete photovoltaic (PV) solar development projects to residential, commercial and utility customers across the country.

Seeing the potential expected growth in the Florida market and Southern states, internationally-renowned Puetz Solar Group established the new business. Founded in 2003, the company also has subsidiaries in England and Austria.

"Our continued expansion reflects the exponential worldwide growth of solar markets," says CEO Hubertus Puetz. "Puetz Solar Group's global recognition and significant market success in renewable energy installations in Germany are the foundations for the success of HN Solar Energy.

We look forward to bringing our experience and expertise to customers in the U.S. market."

HN Solar Energy provides total solar development services, including system design, equipment sourcing, financing and installation through partnerships with national and international solar equipment manufacturers and installers.

Solar installations in Florida are becoming increasingly more affordable with a tax credit of 30 percent provided by the state; government funding and rebates; and sales tax exemptions on solar panel purchases and installations.

The company projects continued growth in the Photovoltaic (PV) solar electric market segment where capacity installed in 2010 quadrupled in the utility sector and grew by more than 60 percent in the residential and non-residential sectors, according to an Interstate Renewable Energy Council (IREC) Solar Trends Report.

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