Conergy launches solar joint venture

Hamburg-based downstream solar specialist Conergy announced the establishment of a company called RKT Conergy, co-owned with the CO Group from Turkey, aimed at expanding in that country’s market.

The joint venture will be led by Heinz-Peter Tienken, Conergy’s Vice President responsible for global engineering and service, and Utku Korkmaz, managing director of RKT, CO’s project development enterprise, co-owned by Cengiz Güldamlası.

He is also head and owner of the whole group, the press release said.

In addition to developing and acquiring projects in Turkey’s unlicensed segment, a Conergy spokeswoman said the joint venture would also participate as a turnkey engineering, procurement and construction (EPC) as well as operations and maintenance (O&M) services provider in projects in the licensed segment, for which various government bidding rounds have been held in recent months, Pv-tech.org portal said.

Germany’s utility RWE acquired a minority share in Conergy in March.