Carpevigo AG founds subsidiary in the Czech Republic
(Thomson Reuters ONE) - Branch office in Prague openedHolzkirchen / Germany, Nov 19, 2009 - Carpevigo AG, a contractor anddeveloper of solar energy power plants has founded a subsidiary inthe Czech Republic. From it's newly opened branch office in Praguethe company will coordinate major projects located in the south ofthe country.Based on it's successful strategy in Spain and Italy, Cargevigo AGwill develop the Czech market by means of a close cooperation withcompanies having long term experience in the Czech power supplyindustry. After a thorough market survey in 2008 suitable businesspartners have already been chosen.In 2010 Carpevigo AG intends to project solar power plants with anoverall capacity of 10 Megawatt (MWp) in the south of the country,five of which with an overall capacity of 5 MWp will also beconstructed by Carpevigo."The Czech market provides great opportunities in the area of solarpower generation", states Jens F. Neureuther, CEO of Carpevigo AG onoccasion of the founding the new international subsidiary. Inaddition to the attractive remuneration for feeding solar energy intothe grid there are secure general political conditions. "Also, Pragueis important to us as base for our further development of the Eastand Southeast European market," Neureuther says.With it's renewable energy support Act the Czech government has ledthe way to an augmented use of renewable energy sources in powergeneration. The renewable energy's percentage of the overall powergeneration is supposed to increase from 3.9% in 2007 to 8% in 2010 asa first step. Photovoltaic solar power plants shall make asignificant share of the renewables.With an average solar radiation of 1,000 to 1,100 kilowatt hours(Kwh) per square metre and year (kWH/sm/a) on the horizontal surfacethe geographical preconditions are excellent. Being perfectlyadjusted to the southernmost position solar power panels areexpected to produce 1,100 to 1,250 kWh/sm/a thus providing optimaluse of solar energy. The feeding remuneration for solar energy to thegrid is 12.89 ckr/kWh. This equals 50 euro cent per kilowatt hour. Asin Germany the Czech feeding remuneration is guaranteed for a periodof 20 years.Characters (incl. spaces): 2.255About Carpevigo AG:CARPEVIGO AG plans, builds and operates solar power plants for thegeneration of electricity from renewable energies. Thesolar-generated electricity is sold to utilities companies andnetwork operators. Carpevigo focuses its business activities oncountries with stable and legally guaranteed frameworks for the usageof renewable energies for electricity production. Business activitiesinclude the identification of suitable locations, purchasing,planning, construction and operation of solar power plants.For further information:CARPEVIGO AGMs Gabriele BreuMarktplatz 2083607 Holzkirchen, GermanyPhone +49-(0)8024-608383-14Fax +49-(0)8024-608383-90www.carpevigo.dePress enquiries:CARPEVIGO AGMr Ulrich L. SchneppelEmmy-Noether-Str. 279110 Freiburg, GermanyPhone +49-(0)761-48080-0Fax +49-(0)761-48080-55carpevigo(at)york-communications.dehttp://hugin.info/138708/R/1356144/329449.pdfThis announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.
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" alt="CHINA SHUANGJI CEMENT, LTD. ANNOUNCES THIRD QUARTER 2009Datum: 19.11.2009 - 15:05 Uhr
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