DEGERenergie stops CPV development - "CPV unprofitable in the foreseeable future"

Horb am Neckar, Germany, March 2011. DEGERenergie will not pursue development in the field of Concentrating Photovoltaics (CPV) any longer. This was recently announced by the company. DEGERenergie is the global market leader for solar tracking systems.

"The increased yield which can be achieved with concentrator technology bears no reasonable proportion to the additional expenditure and does not justify the high development effort," Michael Heck, Vice President Sales & Marketing at DEGERenergie, explains the decision made now. A key argument for CPV is the low space requirement, "but especially in desert areas, where the benefits of CPV could be particularly remarkable, space is not really an issue."


In the medium term, DEGERenergie regards CPV technology as only suitable for niche markets, making "profits unlikely in the foreseeable future." At the same time, MLD technology for photovoltaic systems is well established worldwide, working flawlessly and making the desired additional yield possible in all regions in the world. "Compared to fixed systems, the patented DEGERenergie MLD technology improves the energy yield of solar power plants by up to 45 percent on average. This gain is based on the fact that our tracking systems always align themselves according to the brightest position in the sky and this way also convert diffused light or reflected light into energy," Michael Heck explains.

"We will keep on concentrating on the development and optimization of our systems on the basis of conventional photovoltaic technology," Michael Heck says. "We believe that our funds and staff time are better invested in this field and that our customers will benefit more in day-to-day operation."

DEGERenergie is the global market leader for solar tracking systems. Worldwide, more than 47,000 DEGERenergie systems are installed in 46 countries. The company is represented in Spain, Greece and North America with its own subsidiaries and cooperates with local distribution and service partners in many countries worldwide. The patented DEGERenergie Maximum Light Detection (MLD) technology makes it possible to improve the energy yield of solar power plants by an average of 45 percent compared to fixed systems.


For more information: www.DEGERenergie.com.

Note for editorial staff:

You can download this press release and printable image material here at the end of the text. Of course, you can also obtain printable image material from: Herbert Grab, Phone: +49 07127-5707-10, E-mail: herbert.grab@digitmedia-online.de.

About DEGERenergie (www.DEGERenergie.com):

DEGERenergie is the leading manufacturer with the world's largest product range of single and dual-axis solar tracking systems. The company's market position is based on the unique patented Maximum Light Detection (MLD) technology developed by Artur Deger, which makes it possible to maximize the yield of solar power plants with an "intelligent" control. With the DEGERconecter, the solar modules are always aligned according to the brightest position in the sky with the highest energy yield. This way, the overall energy yield of solar power plants with MLD tracking is on average 45 percent higher than that of fixed systems and this difference is even more pronounced for peaks. With more than 47,000 systems installed in 46 countries, DEGERenergie is the global technological market leader. The company offers its customers all product related solutions – from the development and planning, production and sales to maintenance and service.

In its headquarters in Horb (Germany), its subsidiaries and supplier companies, DEGERenergie is currently employing a staff of nearly 400. The company was founded in 1999 and in 2001 won the Inventor Award of the German state of Baden-Württemberg for the MLD control module DEGERconecter. In 2005, DEGERenergie opened its first subsidiary in Spain, followed by subsidiaries in the USA and Greece in 2009. Since summer 2011, production is also up and running in Australia. The company's production sites are located in Germany, Australia, Canada and the USA. CEO is Artur Deger.

You can't always rely on the weather. But you can rely on an intelligent control system from DEGERenergie.

Customer contact:
DEGERenergie GmbH
Industriestraße 70
72160 Horb, Germany
Phone: +49 (0) 7451-539 14-0
Fax: +49 (0) 7451-539-10
E-mail: sales@DEGERenergie.com

Press contact:
Herbert Grab
digit media
Schulberg 5
72124 Pliezhausen, Germany
Phone: +49 (0) 7127-5707-10
E-mail: herbert.grab@digitmedia-online.de

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