News

September 21, 2006

SunTechnics Enters the Indian Renewable Energy Market

SunTechnics, subsidiary of Germany's Conergy Group, announced its market entry in India, with its first assembly facility set up in Bangalore. SunTechnics Energy Pvt. Ltd., the Indian wholly owned subsidiary, will set up offices throughout India, increasing its sales, engineering and marketing reach with 100 employees by year-end.

"We found the technology can be relevant in other parts of the world including Europe. SunTechnics will work on a plant solution based on this technology, which it can sell to its customers worldwide. We are quite excited by this reverse technology transfer."

-- Stefan Mueller, SunTechnics, head of the Asia-Pacific region

"SunTechnics sees in India huge potential in the field of electricity generation by bioenergy," said Stefan Mueller, Head of the Asia-Pacific region of SunTechnics,...