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ErSol Signs Polysilicon Supply Contract

ErSol Solar Energy AG (ErSol) has signed a contract for the supply of this scarce raw material with the world’s largest manufacturer of polysilicon for the solar and semiconductor industry, according to the company. The contract is valid from 2009 onwards and will enable ErSol to achieve an additional production output of at least 300 MWp. The silicon price has been fixed for the entire term of the contract. ErSol will make down payments in the two-digit millions, to be offset against subsequent payments for the purchase of silicon. “This contract is one building block for promoting our expansion plans in the solar cells division above and beyond the already-approved capacity of 180 MWp,” said CEO Dr. Claus Beneking, after the contract had been signed. ErSol AG is in an improved negotiating position, not least because of its successful entry to wafer production last year through the takeover of ASi Industries GmbH. “We have extremely good contacts with the well-known silicon manufacturers. These major suppliers, of which there are only six worldwide, prefer to sell directly to the users of their raw material,” Jrgen Pressl, Management Board member responsible for the Silicon and Wafers divisions within the ErSol Group, explains […]

Conergy Launches Commercial Finance Program

Conergy, Inc. has launched the Conergy Commercial Finance Program (CCFP), a financial solutions program for renewable energy projects 20 kW and larger for commercial, non-profit, and government customers. The program offers numerous lease options with flexible terms and conditions, along with experienced, dedicated resources. Conergy has established an exclusive partnership with Rockwell Financial Group, a financial services company with over 20 years experience providing financial solutions to the middle market. “Conergy is a full service partner to our dealers,” said Paul Benson, President. “Not only do we provide a complete range of products for the solar and small wind market, but we provide much needed technical and business support to our dealers through our knowledgeable sales and support teams, and Conergy DealerNet, our comprehensive 24×7 product ordering and account management tool. This program will provide Conergy dealers with a significant competitive advantage in winning projects in the commercial space while enabling Conergy to disproportionately grow its solar and small wind business.” Aylin Cankardes, President of Rockwell Financial Group said, “We are very excited to have partnered with Conergy for this program. Their strong position in the attractive renewable energy sector and caring for their customers is evident.While traditional lending institutions […]