Astronergy wins further wholesale market shares
Frankfurt (Oder), Germany, 5 June 2018 — The solar module manufacturer Astronergy is profiting from the favourable market conditions in the wholesale sector. The company has won over a majority of electrical and photovoltaics wholesale customers who previously obtained their modules from SolarWorld. Astronergy’s solar modules are produced in one of the world’s most cutting-edge factories at its Frankfurt (Oder) site, Germany, and are sold via wholesale partners.
“We’ve acquired important players in the electrical and PV wholesale sector as new customers,” reports Sebastian Mäscher, who has been Head of Sales for Germany, Austria and Switzerland at Astronergy Solarmodule GmbH since October 2017 after leaving his role as Head of Sales Germany North at SolarWorld AG. “This also shows us that we’re on the right path with our sales strategy. We’ll be continuing to rely on distribution via strong partners in the wholesale sector, establishing a convincing market presence to close the gap created by SolarWorld.”
High demand for German-made solar modules
“The demand for high-quality solar modules manufactured in Germany is as strong as ever, and monocrystalline modules in particular are very popular. Our German production site means that we can deliver large quantities of photovoltaic modules extremely quickly — and at competitive prices, thanks to our high-volume production,” continues Mäscher.
Just recently, at the beginning of this year, Astronergy upgraded the first of its five production lines to enable significantly higher throughput. This has allowed the company — a subsidiary of the Chint Group, a leading international manufacturer of industrial electronics — to further cut the unit costs of its modules. Astronergy currently produces solar modules with a total output of up to 350 MWp per year.
Module quality well above certification standards
The cells used in Astronergy’s crystalline modules are produced by its parent company Chint. The cells and all other materials are supplemented by deliveries from tier 1 manufacturers to ensure consistently high module quality.
This is the only way to guarantee a smooth, first-class production process in the highly automated factory. Strict internal and external testing ensures that the quality of Astronergy’s modules is well above certification standards, for example in the field of mechanical stability or stress tests in climatic chambers.
Parent company provides stability
“In the Chinese Chint Group, we have a financially strong parent company which guarantees stability. That’s a crucial factor for wholesale customers too — they know that, with Astronergy, they can count on a long-term partnership,” explains Mäscher. The Chint Group was founded 30 years ago and consists of eight subsidiaries and over 2,000 distribution centres around the world. Over 30,000 people are employed by the Chint Group, and its turnover in 2017 was in excess of $7 billion.
Astronergy will be showcasing its PV modules at Intersolar Europe in Munich from 20–22 June 2018.
Astronergy booth: A1.360
Astronergy is among the leading international manufacturers of premium-quality photovoltaic modules under Chinese management. The German subsidiary Astronergy Solarmodule GmbH (ASM) specialises in crystalline solar modules. The production lines have a total capacity of 350 MW, and are some of the most modern manufacturing facilities in the world. Astronergy currently employs around 300 members of staff in Germany and is listed as a tier 1 supplier. Worldwide, Astronergy has over 3,000 employees working to maintain a production capacity of 2.5 GW.
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