Solon SE

SOLON Energy GmbH (formerly SOLON SE) is a German solar energy company based in Berlin.

Company Profile

In addition to the production of solar modules in the subsidiaries Solon PV GmbH in Berlin and Solon Nord GmbH in Greifswald, the company has further subsidiaries in Italy ( Solon SpA, formerly SE Project srl, solar panels ), USA ( Solon Corporation, solar panels ), and Freiburg ( Solon Investments GmbH, Design of large-scale solar power plants ). In 2009, Solon had a production capacity for solar panels ( PV) modules of 435 megawatts peak (MWp ) (2008: 450 MWp; 2007: 210 MWp; 2006: 130 MWp) and with a total production of 132 MWp ( 2008: 176 MWp; 2007: 118 MWp; 2006: 84 MWp), the Group has continued to assert itself as one of the largest solar module manufacturers in Germany and Europe. The Group employed approximately 901 employees in late 2009 and reported 2009 global revenues of € 354.4 million and a net profit of € -143.4 million ( 2008: € 30.9 million; 2007: € 503.1 million and € 22.2 million, 2006: € 346.4 million and € 14.4 million).

History

The manufacturer of solar modules and provider of turnkey large-scale solar power plants was on 27 November 1996 by Saleh El -Khatib, Birgit Flore, John Big Boymann, Paul Grunow, Stefan Krauter, Alexander Voigt and Wuseltronik GbR research and development ( Reiner Lemoine, Stefan Fütterer, Peter Fischer, Martin Sauter, Jürgen Hiller ) founded in 1998 and went public. Thus Solon AG was the first listed company for solar technology in Germany. It was on 20 March 2006 to 18 September 2009 at Nasdaq with ISIN: DE0007471195 listed and since 2007 also in the ÖkoDAX.

Solon built about 80 percent of on old and new federal buildings with the move of the federal government established to Berlin solar systems.

On 1 September 2006, the photovoltaic power plant went on Good Erlasee at Arnstein in operation. In 2006, there were approximately 14,000 MWh of electricity produced.

In December 2007, the Solon AG acquired a further stake in the Austrian solar cell manufacturer Blue Chip Energy GmbH.

On 8 December 2008, the Solon AG for solar technology transformed it into a European Company SE.

On 15 December 2008 Solon SE acquired the Italian Estelux srl and plans to build a plant for the production of solar grade silicon in Ferrara, northern Italy.

In 2010, the Solon SE separated from your production subsidiary Solon Hilber Technologie GmbH in Steinach am Brenner. This was in the past years very successfully Solon Mover produced - a biaxially -tracking photovoltaic system for large-scale photovoltaic power plants, which as a pioneer product prepared the market for tracking systems at that time.

Also, the Solon SE separated in 2010 from its subsidiary Solon Inverters AG in Uznach in Switzerland. Here inverters have been developed in recent years.

On December 13, 2011 Solon filed for the opening of insolvency proceedings. Also a bankruptcy application was made for the subsidiaries SOLON PV GmbH, SOLON Nord GmbH and SOLON Investments GmbH.

On March 6, 2012, the Company acquired Microsol (UAE ) core components of SOLON SE and founded the SOLON Energy GmbH. The new company has the functions of a holding company with a subsidiary in Berlin ( SOLON Modules GmbH ) as well as sister companies in the USA ( SOLON Corporation ) and Italy ( SOLON SpA).

At Intersolar 2012 in Munich, SOLON Energy GmbH presented as one of the first providers an energy storage system for detached houses. For the mounting system SOLquick the company received at the fair a Intersolar Award.

From September 2013, the production at the Berlin location has been set.

On 6 March 2014, the company announced that it would move its headquarters from Berlin to the United Arab Emirates. The Berlin site is abandoned. 230 points by fall away in Berlin.

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