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SME 100 AWARDS 2016 - SINGAPORE'S FAST MOVING COMPANIES: CONERGY ASIA

Set on empowering communities

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Mr Lenz said Conergy will carry on its mission to harness solar power by implementing more projects and promoting the use of clean energy.

WITH over 18 years of experience in the solar photovoltaic industry, which includes manufacturing all of the key solar components from modules, mounting structures and inverters in Germany, Conergy Asia & ME Pte Ltd has evolved into one of the world's largest downstream solar companies specialising in the development, design, finance, building and long-term asset management of commercial, industrial and utility-scale solar power systems.

Since its inception in 1998, the company has pioneered the expansion of solar power internationally, and today combines innovative technology and industry-leading engineering with access to capital. Conergy has established subsidiaries in 14 countries and has built over 1.5 GW across six continents. The company is privately held and majority owned by Miami-based asset management firm Kawa Capital Management, Inc.

According to Conergy APAC's president Alexander Lenz, in the third quarter of 2015, Conergy Asia closed 231 MWp of solar farm projects across the Philippines, Thailand and Indonesia which required the company to work on 12 projects at the same time.

"With the completion of these projects, Conergy has executed a total of 274 MWp of solar capacity in the Philippines, which further strengthens our position as the leader of solar engineering, procurement and construction (EPC) services in the country. This installed capacity is equivalent to powering over 171,300 Filipino homes, which also represents more than 50 per cent of the current 500 MWp FIT (feed-in-tariff) quotas for PV," he added.

The company was recently named as one of the prestige winners of the SME100 Awards 2016.

"It means a lot to the team to be chosen as a recipient of this award. We are truly humbled and grateful to BMI for their appreciation and acknowledgement of our achievements this past year," said Mr Lenz, adding that this recognition will certainly serve as an inspiration for Conergy Asia to remain steadfast in its mission to harness the power of the sun by implementing more solar projects and promoting the use of clean energy and in doing so participate in preserving the environment and contributing to the general welfare and development of the communities.

"As I take stock of what the Conergy Asia team has accomplished, I find fulfilment in the knowledge that we are leaving behind a legacy of accomplishment not only within Conergy but in clean energy which communities we worked with can be proud of. I hope that through platforms like yours we can share our stories of leadership, teamwork, of dealing with challenges and sharing the successes. And for these stories to serve as models and inspire others," he elaborated.

As to what factors contributed to Conergy Asia's success thus far, Mr Lenz believes that their deep understanding of customers' businesses and an uncompromising focus on quality, cost optimisation and discipline in implementing best practice processes have enabled them to build for their customers commercially successful solar plants that operate with high efficiencies and power availability.

"In addition, the excellent teamwork across our local and global units allowed us to succeed in this very challenging task of concurrently executing and completing several large projects.

"Moving forward, we expect a continued strong upside for solar power in our existing markets - Japan, Australia and South-east Asia - namely the Philippines, Thailand and Indonesia, where we look forward to securing more solar farm and rooftop contracts and expanding our market share. In addition, we anticipate to penetrate new markets like Malaysia, Vietnam and Myanmar and also close a number of solar rooftop projects here in Singapore."