Saudi Arabia / Singapore, 11 December 2008 - Conergy Asia-Pacific (a regional subsidiary of Hamburg-based Conergy AG) has been awarded a contract for a 2-megawatt solar power plant for Saudi Arabia's King Abdullah University of Science and Technology (KAUST). Conergy Asia-Pacific is awarded this prestigious project under a consortium agreement with Saudi-based National Solar Systems, a leading solar systems integrator in the Kingdom. Under the agreement, Conergy will manage the design and components supply, while installation and operational management are implemented by National Solar Systems. The power plant features premium components, combining high-efficiency solar modules from Sunpower Corporation with Conergy proprietary mounting systems and power electronics.

Located in Thuwal north of the city of Jeddah, the landmark project is managed by the oil giant, Saudi Aramco on behalf of the Saudi Government, and is being executed by several large construction contractors including Saudi Oger who is managing the photovoltaic portion of the KAUST project. The scope of work consists of two rooftop solar plants with an output of 1-megawatt each, to be installed on the North and South Laboratories of the University. The photovoltaic plant, valued at 11.3 Million Euros, is also the first large-scale solar project of its kind in the Gulf Cooperation Council (GCC). It will occupy 11,577 square meters of roof space and produce 3,332 megawatt hours of clean energy annually, while also saving up to 1,666 tonnes of yearly carbon emissions. This equates to carbon offsets for approximately 11,758 million kilometers of air travel.

"With its arid climate and vast desert landmass, Saudi Arabia is geographically optimal for harnessing solar power," explained Florent Abadie, Director, Development and Technology Asia-Pacific at Conergy. "We commend the Saudi authority's remarkable support for cleantech development and inspiring commitment to renewable energy, which we are witnessing in the Kingdom's leading policymakers and decision-makers."

Currently, the Kingdom of Saudi Arabia's population is estimated at 27 million with energy demands growing at an annual rate of 5%. Despite being an oil-rich export economy for decades, the introduction of alternative energy could create significant value for Saudi Arabia's energy landscape, by ensuring sustainable opportunities for diversified economic growth. "As a market leader and major player in the renewable energy business, Conergy Asia-Pacific will play a key role in responding to the GCC's growing demand for solar and wind energy. The cooperation between Conergy and National Solar Systems for KAUST and other future projects is aimed at realising the synergy and complementing the knowledge and expertise of the two partners," Abdulhadi Al-Mureeh, Director, Business Development of National Solar Systems commented.

-Ends-

About Conergy Asia-Pacific
Conergy Asia-Pacific offers a broad range of renewable energy solutions, serving customers from satellite operations in Australia, China, India, South Korea and Singapore. Conergy Asia-Pacific's office in Singapore serves as regional headquarters for the Asia-Pacific and the Middle East; and with a sales, engineering and operational unit for all other countries. Since its market entry in 2006, Conergy Asia-Pacific has secured various milestones in a short timeframe of two years, the most recent being Asia's largest photovoltaic power plant at 24 megawatts in South Korea.

Conergy Asia-Pacific is a regional subsidiary of Hamburg-based Conergy AG, which has been listed on the Frankfurt Stock Exchange since 2005. The solar concern is one of the biggest European suppliers of renewable energy systems and one of the world leaders in solar system integration. Since its foundation in 1998, the Conergy Group has sold more than one gigawatt of renewable energies. It currently employs 1,800 people in more than 20 countries. For further information please visit www.conergy.de.

For editorial enquiries, please contact:
Ms. Lyn Toh
Corporate Communications Manager, Asia-Pacific
Conergy Renewable Energy Singapore
138 Cecil Street
#01-01 Cecil Court
Singapore 069538
Tel: +65 6849 4467
Fax: +65 6849 5559
l.toh@conergy.com
www.conergy.com

© Press Release 2008

 

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