DGAP-News: Conergy pilot project: Spanish restaurant achieves grid parity with own consumption

DGAP-News: Conergy pilot project: Spanish restaurant achieves grid parity with own consumption

ID: 193153

(firmenpresse) - DGAP-News: Conergy AG / Key word(s): Miscellaneous
Conergy pilot project: Spanish restaurant achieves grid parity with
own consumption

17.10.2012 / 09:19

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Conergy pilot project: Spanish restaurant achieves grid parity with own
consumption
Electricity from the rooftop plant up to 30% cheaper than electricity from
the grid

Hamburg / Barcelona, 17 October 2012 - The organic restaurant La Sal
Varador on the beach of Mataróin Barcelona Province is breaking new ground
with Conergy's aid. With the feed-in permission obtained, the path is clear
for the first Conergy plant in Spain that will be competitive without any
subsidies, combining own consumption with connection to the grid. During
the Spanish moratorium in the summer, system supplier Conergy had set up
this pilot project in collaboration with its two installation partners Eco
100 and SolarTradex to demonstrate new possibilities for Spain's solar
future with the grid parity in mind. The conclusion is simple: solar is
also a cost-effective choice without subsidies in cases where a substantial
amount of power is required during daytime.

Jiménez: 'Solar power is already competitive - with the right installation
size and power.'
'This is the first project of its kind in Spain,' said Luis Jiménez
Gutierrez, Managing Director of Conergy Spain. 'The solar sector is moving
away from an investment-driven market towards a genuine energy market,
where the important criteria are availability of electricity and the price
of every kilowatt hour. With this project, we can show very clearly that
solar power is already competitive today, especially for businesses and
companies that can consume the solar energy they generate themselves during
daytime. In this scenario, the objective is no longer for the plant to be




as large as possible but for it to be matched precisely to the customer in
order to optimise electricity generation and consumption behaviour.'

95% private consumption during daytime, savings of up to 30% compared to
grid power
For this purpose, the solar experts from Conergy recorded and analysed the
restaurant's consumption behaviour and the load profiles for several weeks
ahead of the project and then sized the plant precisely to ensure that it
would produce the maximum possible own consumption ratio and therefore
electricity cost savings for the customer. The 8-kilowatt rooftop plant on
the energy-efficient restaurant building will not require any subsidies.
This means that although the 126 square metre plant will feed any surplus
electricity into the local grid it will not receive any payment for this.
The objective is therefore clear: The owners of La Sal Varador intend the
restaurant itself to use 95% of the around 10,700 kilowatt hours of solar
power generated on the roof in future. This means that it will need to draw
hardly any power from the grid during the day, which would otherwise cost
them around 15-17 euro cents per kilowatt hour. The cost of generating the
electricity with the rooftop plant (Leveraged Cost of Electricity,
calculated for a period of 25 years), on the other hand, is for the
restaurant's case around 10.1 euro cents, which means that the restaurant
operators will save 5-7 euro cents per kilowatt hour. At night, they will
continue to draw power from the grid. But thanks to their small rooftop
plant, they will still be achieving an autonomy level of 20%.

La Sal Varador goes for energy efficiency, green electricity and
high-quality organic food
In the future, La Sal Varador will also do justice to its role as an
organic restaurant where electricity is concerned. The energy-efficient
building is already equipped with water saving features and an
energy-saving cooling system. 'We are very proud to be in the vanguard
through our involvement with Conergy's innovative pilot project,' said
Ricard Jornet, owner of La Sal Varador. 'We have committed ourselves to
sustainability with our restaurant. To this end, we insist on high quality,
durability and, above all, environmental compatibility at our beautiful
location directly by the sea. The solar plant represents a further element
of our overall concept, allowing us to use green electricity for our
restaurant in the day and reduce our electricity bill at the same time. But
above all, we will also reduce our vulnerability to future electricity
price rises.'

Highest quality through corrosion-resistant and salt-spray tested
components
Where the system components were concerned, restaurant owner Jornet
insisted on quality as well. The 34 Conergy PowerPlus modules on his roof
are ideally suited to the challenging environment of the salt-laden sea air
on the Costa del Maresme, south of the Costa del Sol, having successfully
proved their resistance to salt spray. And the PremiumPlus Guarantee means
that the restaurant owner receives an all-round worry-free package. The
Conergy SunTop mounting frames are also corrosion-resistant and durable,
while the Conergy IPG T inverter is one of the most efficient in its class
and was rated 'A+' when tested by Photon magazine.

Connection to the grid in November: organic beach restaurant will get even
'greener'
Now that the feed-in permission for the intended feed-in point has been
obtained, the way is clear for the new Conergy project to go ahead, and the
solar experts will install the system over the next few weeks. According to
the schedule, the own consumption plant is to be connected to the grid
mid-November, making La Sal Varador yet another bit 'greener' and even more
'organic'.


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.

Listed on the Frankfurt stock exchange, Conergy employs around 1,200 people
worldwide. Since Conergy's founding in 1998, it has produced and sold 2 GW
of clean solar energy. Thus, in 2011 Conergy solar installations have
generated more power than a nuclear reactor.

Please contact us if you have any questions or requests.


End of Corporate News

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17.10.2012 Dissemination of a Corporate News, transmitted by DGAP - a
company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.

DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de

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Language: English
Company: Conergy AG
Anckelmannsplatz 1
20537 Hamburg
Germany
Phone: +49 (0)40 27 142-1000
Fax: +49 (0)40 27 142-1100
E-mail: info(at)conergy.de
Internet: www.conergy.de
ISIN: DE000A1KRCK4
WKN: A1KRCK
Listed: Regulierter Markt in Frankfurt (Prime Standard);
Freiverkehr in Berlin, Düsseldorf, Hamburg, Hannover,
München, Stuttgart


End of News DGAP News-Service
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189028 17.10.2012


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Bereitgestellt von Benutzer: EquityStory
Datum: 17.10.2012 - 09:19 Uhr
Sprache: Deutsch
News-ID 193153
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