DGAP-News: CENTROTEC Sustainable AG: CENTROTEC subsidiary Ubbink opens East Africa's first solar module factory
(firmenpresse) - DGAP-News: CENTROTEC Sustainable AG / Key word(s): Product Launch
CENTROTEC Sustainable AG: CENTROTEC subsidiary Ubbink opens East
Africa's first solar module factory
30.08.2011 / 11:04
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Brilon, August 30, 2011. Ubbink B.V. CENTROTEC Sustainable AG's Dutch
subsidiary, is today opening East Africa's first factory for solar modules
in Naivasha, near to the Kenyan capital Nairobi. Ubbink East Africa Ltd
plans to manufacture approx. 30,000 photovoltaic modules per annum,
especially for small solar systems. Smaller complete systems such as these,
which provide an off-grid, environmentally-friendly power supply -
so-called 'Solar Home Systems' - have great potential in Africa.
Application areas are private residences, village power systems or solar
systems for schools, hospitals, for the water supply system and
telecommunications. Numerous European and African guests from business and
politics, including the foreign affairs committee of the Dutch parliament,
which is visiting the region, are expected for the inaugural celebrations
of the new Ubbink East Africa Factory. In addition to an opportunity to
enter a growing market, the CENTROTEC Group sees its involvement on the
African continent as an important plank of its social responsibility.
Ubbink East Africa CEO Haijo Kuper is pleased with the progress being made
with the new production plant: 'Our solar factory - the first in the whole
of East and Central Africa - is also kick starting local industry. Within
the space of a year, we managed to qualify more than 30 employees for a
technology that is completely new for East Africa and which is our
contribution to the continent's ongoing development.' All employees were
initially trained in the Netherlands on the machines that had been ready
installed there, to ensure a smooth start to production - a measure that is
already paying dividends in Naivasha. Using cutting-edge European
technology, the new factory is producing more than 100 high quality, KEBS
certified (Kenya Bureau of Standards) solar panels a day from a standing
start.
Ubbink East Africa Ltd. is part of the Joint Venture between the Dutch
company Ubbink B.V. and Chloride Exide, East Africa's largest supplier of
batteries and solar technology. The Dutch government's fund for renewable
energies in underdeveloped countries contributed more than the half of the
investment cost of building the solar factory in Kenya as an exemplary,
sustainable, socially responsible investment project. The CENTROTEC-Group
wants the project to promote sustainable economic growth as well as the
environmentally-friendly electrification of Africa. Only a very small
percentage of the sun-drenched continent is connected to the power supply,
so that decentralised power generation systems make sense. The rural
population in particular is excluded from economic progress by the lack of
access to electricity. The lack of power hampers participation in
educational opportunities, which would be an enormously important route out
of poverty, medical care and economic activity of almost every description.
Almost the only energy sources are noxious paraffin lamps or diesel
generators, which are becoming very expensive to run because of maintenance
and rising oil prices. Gert-Jan Huisman, CEO of CENTROTEC Sustainable AG:
'As a socially responsible and aware Group, we see our involvement on the
African continent as an obiligation of our social role of using our
'European Engineering Made in Africa' solar modules to create climate
friendly, local power generation solutions and contribute to a sustainable
development of the region.'
CENTROTEC Sustainable AG
CENTROTEC Sustainable AG and its subsidiaries enjoy a presence in over 50
different countries. The principal Group companies are Wolf Heiztechnik,
Brink Climate Systems and Ned Air in the Climate Systems segment, which
have specialised in heating, climate control and ventilation technology
including solar thermal systems, CHP and residential ventilation systems
with heat recovery as well as Ubbink and Centrotherm, which have focused on
gas flue systems and solar system components in the Gas Flue Systems
segment. This makes CENTROTEC Europe's only listed full-service provider of
solar thermal systems and energy-saving solutions for buildings.
Ubbink Group
The Ubbink Group, headquartered in the Netherlands, supplies innovative
solutions and technologies for increasing energy efficiency in buildings
and improving the indoor climate. In addition to gas flue systems, Ubbink
also produces products for building sealing and insulation, ventilation
systems, solar components and systems in Europe and worldwide.
CENTROTEC Sustainable AG, Am Patbergschen Dorn 9, D-59929 Brilon, Germany
ISIN: DE0005407506, WKN: 540750, home stock exchange: Frankfurt am Main
Indices: SDAX, Prime All Share, Prime Industrial
For further information, contact:
CENTROTEC Sustainable AG, Dr Frank Rose, Tel: +49 (0)2961 96631-104 or
MetaCom Corporate Communications GmbH, Georg Biekehör, Tel: +49 (0) 6181
982 80-30
End of Corporate News
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30.08.2011 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: CENTROTEC Sustainable AG
Am Patbergschen Dorn 9
59929 Brilon
Germany
Phone: +49 (0)2961 96631-0
Fax: +49 (0)2961 96631-100
E-mail: ir(at)centrotec.de
Internet: www.centrotec.de
ISIN: DE0005407506
WKN: 540750
Listed: Regulierter Markt in Frankfurt (Prime Standard);
Freiverkehr in Berlin, Düsseldorf, Hamburg, München,
Stuttgart
End of News DGAP News-Service
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