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Conergy

Industry:renewable energies ISIN:DE0006040025 Country:DE CRR:B-

Company Profile:
The German company Conergy AG is a supplier of systems for generating and using renewable energies. The company develops and produces solar thermal systems and system components for electronic power, heat and cooling systems out of solar, wind and bioenergy. These products are distributed under the brand name Conergy. Furthermore, the group includes EPURON, a project developer in the field of renewable energies, the SunTechnics GmbH, a planning and installation provider and the US-subsidiary company Conergy Inc., that manufactures solar-powered water pumps.



Strengths/weaknesses profile:
Strengths:
oekom research's rating system classifies this company as a potential. A prerequisite for recognition as a potential is that a significant proportion of turnover be earned from sustainable products and services, in this case in the area of renewable energies.

Weaknesses:
Since potentials are generally small and medium-sized companies, their management structures for social and environmental issues are often less well developed.

Reasons for inclusion in the Index:
Conergy is a diversified provider in the field of renewable energies. As an integrated solar energy company, it is one of the world’s leading suppliers in this segment and also provides products and services in other areas, for example wind power and bioenergy. The solar-powered water pumps are especially suitable for use in areas without a regular power supply.