Centrosolar, based in Munich, Germany, was one of the leading stock exchange listed solar companies in
Europe
Europe is a continent located entirely in the Northern Hemisphere and mostly in the Eastern Hemisphere. It is bordered by the Arctic Ocean to the north, the Atlantic Ocean to the west, the Mediterranean Sea to the south, and Asia to the east ...
. The company produced
photovoltaic
Photovoltaics (PV) is the conversion of light into electricity using semiconducting materials that exhibit the photovoltaic effect, a phenomenon studied in physics, photochemistry, and electrochemistry. The photovoltaic effect is commercially ...
systems for private houses and industrial properties. Centrosolar marketed standard grid-connected systems and non-grid-connected
solar power
Solar power, also known as solar electricity, is the conversion of energy from sunlight into electricity, either directly using photovoltaics (PV) or indirectly using concentrated solar power. Solar panels use the photovoltaic effect to c ...
generators.
In 2008, following 10 months of construction, Centrosolar opened a 47,000 square-meter, 150 MW solar module factory in
Wismar, Germany. The €23 million facility has created 250 new jobs in Wismar.
In 2014 the company declared bankruptcy. The German production facility was purchased by
CS Wismar. Centrosolars subsidiaries in France and The Netherlands were acquired by the German solar producer
Solarwatt and continued business as ''Solarwatt France SARL'' and ''Solarwatt BV''.
Report Global Building Integrated Photovoltaics Industry
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See also
*List of photovoltaics companies
This is a list of notable photovoltaics (PV) companies.
Grid-connected solar photovoltaics (PV) is the fastest growing energy technology in the world, growing from a cumulative installed capacity of 7.7 GW in 2007, to 320 GW in 2016. In 2016 ...
*Renewable energy commercialization
Renewable energy commercialization involves the deployment of three generations of renewable energy technologies dating back more than 100 years. First-generation technologies, which are already mature and economically competitive, include ...
References
External links
Centrosolar's Kirsch Says Sales May Beat Estimates
Solar energy companies of Germany
Photovoltaics manufacturers
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