Conergy, an international solar system company headquartered in Hamburg, has signed an agreement withGerman electric utilities provider RWE to lease solar systems to commercial clients for a monthly fee.
The deal is aimed at allowing commercial clients to install the systems on factories, warehouses and offices, in a bid to lower their energy bills.
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Under the deal, RWE will provide solar systems to both existing and new customers, while Conergy will remain responsible for designing the plants, supplying components and offering operations and maintenance services to clients.
Alexander Gorski, chief operating officer at Conergy, said the deal was a reflection of the "excellent relations and expanding cooperation" between the two businesses.
"Both companies are committed to delivering high quality energy-saving services to their international customers," he explained, "and working together, will expand the opportunities for businesses to benefit from PV not only in Germany, but also in different countries."
The project is initially set to start in Germany, where pilot projects have yielded average energy cost savings of 10%.
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By GlobalData"Business customers want flexible finance options, and they also want investment certainty," Gorsky continued.
"The partnership with RWE delivers both, with a low-cost rental model and the security of Conergy-designed systems that are built to last."
