Selection
First power plant installation of Concentrix Solar in Spain.

Concentrix Solar awarded with "Innovation Award of the German Economy"

2008-01-22

Concentrix Solar GmbH (Freiburg, Germany) received the 28th "Innovation Award of the German Economy" in the category of "Start-Up Companies", distinguishing it as the company with the most promising innovation. The prize has been promoted annually since 1980 and is awarded by the Wirtschaftsclub Rhein-Main e.V. and the German weekly news magazine "WirtschaftsWoche". It is the world-wide oldest distinction of its kind and is under the patronage of the Federal German Minister of Economy and Technology. The prize was given to Concentrix for its innovative concentrator photovoltaic technology, which achieves almost twice the efficiency as compared to conventional PV technology and realizes cost savings for electric power production of 10 - 20%, depending on the location, Concentrix emphasizes in a press release. "We are very happy about this success. It confirms our strategy to further develop this technology for solar power production on a large scale", says CEO Hansjörg Lerchenmüller. Read more...