Bloomberg New Energy Finance study classifies Conergy as a Tier 1 module manufacturer

Conergy highest ranked European brand for modules most frequently used in solar parks

Hamburg, 31 October 2012 – In its latest study, Bloomberg New Energy Finance (BNEF) classified Conergy as one of the so-called "Tier 1" manufacturers of crystalline photovoltaic modules. Bankability is the key criterion for tiering: "In most cases, banks are the strictest party when it comes to verifying the quality of the components and engineering, procurement and construction services providers (EPCs). By ‘bankable' we understand manufacturers whose modules would be financed in non-recourse projects by non-development banks. Such modules need to have historically high quality standards."

Conergy highest ranked European brand for modules most frequently used in solar parks
The ranking of the top module brands by the BNEF Intelligence Service confirms this Tier 1 classification by Bloomberg New Energy Finance: Conergy appears in 11th place in the ranking of modules most frequently used in debt-financed projects, ahead of all other German and even European solar companies.

"Conergy's entire product portfolio conforms to the highest quality standards that are continuously monitored and ensured by our team of around 30 engineers who perform sophisticated certification audits and inspections – both in our own manufacture and at the facilities of our suppliers," said Conergy Board Member Alexander Gorski. "We have also proven our expertise in the provision of services: TÜV Rheinland recently certified Conergy's outstandingly high standards in the areas of project planning, design, engineering, construction, and commissioning.

With its extended service portfolio Conergy offers its customers – and therefore also the financing banks – an all-round worry-free package. The services include the operational and commercial management of solar power plants, maintenance, output insurance, as well as comprehensive guarantees.

Source: Bloomberg New Energy Finance, Oct. 2012, "PV module bankability: an essential prerequisite?"

About Conergy

Conergy delivers solar energy systems from a single source. As a system supplier, Conergy offers all components for a solar installation as well as all related services.

With its portfolio of modules, inverters and mounting systems, the solar expert creates Conergy System Technology, which is efficient solar energy systems for private or commercial rooftops, as well as for multi-Megawatt Parks.

Conergy System Services deliver a "Worry-Free Package" for Conergy solar installations – from "A" for architectural planning to "Y" for yield insurance and "Z" for zero trouble. Conergy's experts not only install on-site turn-key solar projects, but they also manage the planning and financing, project implementation, system monitoring, operation and on-going maintenance of the project for maximum performance. With this comprehensive technology and service package, Conergy offers yield insurance for its installations.

Conergy System Sales brings Conergy premium products to more than 40 countries. From "A" for Australia to "T" for Tunisia – the solar expert supports homeowners, installers, wholesalers and investors in their efforts to "go solar". With sales activities on five continents, Conergy has close relationships with all its customers. In 2011, around three quarters of Conergy's sales were generated outside of Germany.

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