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Conergy
Conergy is a company in the solar energy industry providing project development, financing, EPC and O&M services with more than 750MW installed globally.〔http://www.conergy.com/about-conergy/solution-offering/〕 Conergy is one of the world's largest downstream solar companies. It was founded in 1998 by the former chairman of the board Hans-Martin Rüter and is headquartered in Hamburg, Germany.〔http://www.conergy.com/about-conergy/〕
In March 2005 Conergy was registered at the Frankfurt Stock Exchange with the abbreviation “CGY“ and the ISIN DE 00060 40025.〔http://deutsche-boerse.com/dbg/dispatch/en/listcontent/dbg_nav/press/10_Latest_Press_Releases/Content_Files/13_press/pm_news_conergy_ipo_170305.htm〕 Three months after its IPO, the company was added to the TecDAX index, in which it remained until March 2011. Until 2013, the Conergy group manufactured technology in Germany for solar wholesalers, installers, industrial or private roof-owners and investors in solar power as required.
On 5 July 2013, Conergy filed for preliminary insolvency at the District Court of Hamburg, one of a succession of German solar manufacturers that collapsed, under pressure from depressed prices due to oversupply by Chinese manufacturers.〔http://www.bloomberg.com/news/2013-07-05/conergy-plans-insolvency-filing-as-investor-sought-for-rescue.html〕
Later in July 2013, US private equity firm Kawa Capital Management announced it would buy the Conergy brand and some of the international sales and service units, without the manufacturing businesses.〔http://www.bloomberg.com/news/2013-07-19/conergy-to-sell-main-brand-to-kawa-in-sales-unit-disposal.html〕 By November 19, 2013, Kawa Capital Management had acquired the global service centre in Hamburg, and sales units in the USA, Canada, UK, Germany, Italy, Thailand, Singapore and Australia. In February 2014, Conergy opened its first office in Japan.〔http://asia.conergy.com/about-us〕
==International Activities==
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