Wirsol Energy To Focus On Rooftop Solar
WIRCON GmbH ("WIRCON"), the company founded from WIRSOL Solar AG which focuses on both on-shore wind markets and solar markets, has announced that it has founded WIRSOL Energy Ltd. ("WIRSOL") in the UK which will directly focus on solar PV markets from residential and commercial rooftop investments to large scale ground-mount PV developments, where the company will build, operation and maintain thereafter.
The UK market is seen as a strategic stepping stone into further enhancing a strong geographic footprint. The company will build from the commercial rooftop and large-scale PV projects previously deployed in the UK under the WIRSOL brand.
"We are pleased to announce the formation of WIRSOL Energy Ltd. in the UK which coupled with certain strategic partnerships yet to be announced will enable us to build out a significant program of PV projects across multiple sectors of the UK solar market," said Peter Vest, Managing Director of WIRCON. "We are looking forward to the opportunity of taking advantage of the UK solar market. WIRCON's strong heritage in solar energy with thousands of projects deployed by WIRSOL a widely established business and brand name we have taken over early this year. Our strong commitment to advancing solar project development in Europe will be undoubtedly strengthened strategic investments that we are making in the UK."
"WIRCON are committed to building a successful energy enterprise across Europe, the respective teams in Germany and UK have a unique history and share common understanding in the UK solar market," said Dietmar Hopp, a shareholder of WIRCON. "WIRSOL's operation in the UK along with other strategic partnerships will allow us to move faster in advancing our UK operations."
Mark Hogan, Managing Director of WIRSOL Energy Ltd., added "We are pleased with the ability to continue building our business under the WIRSOL brand.
We have several strategic partnerships, a strong shareholder commitment and ambition to develop a successful energy driven enterprise here in the UK.
The relationship with the parent company WIRCON is wonderful having worked together for several years. We are currently developing and acquiring large scale solar assets which we will build and operate. This will be complemented with further investment within the commercial rooftop sector and projects that can be deployed under FiT and RO accreditation. WIRSOL are immediately investing and building a substantial and sustainable pipeline into 2015 and beyond."
