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ib vogt GmbH enjoys a successful financial year in 2012 and anticipates further growth for 2013

04-10-2013 08:41 PM CET | Energy & Environment

Press release from: ib vogt GmbH

Berlin, 9/4/2013: ib vogt GmbH enjoyed a successful financial year in 2012. Turnover totalled approximately 45 million euros, while the operational result was almost double that of the previous year. The increase is due primarily to an extension of the field of activity along the value added chain, as well as activities in new markets.

During the past year, ib vogt, as an EPC and EPCM partner, has produced solar power plants with a rated output of 40 MWp in Germany, The UK and Eastern Europe. Strong growth is planned for 2013: already during the first quarter of 2013, the company completed projects of 30 MWp; further projects with a total rated output of over 100 MWp are currently being developed for 2013.

During the past two years, ib vogt has repositioned itself and has significantly increased its range of activities. In addition to the existing activities - project development, “EPC” (Engineering, Procurement and Construction) and “O & M” (Operations and Maintenance) - the company is now itself investing in solar power plants and continues to expand its own portfolio of photovoltaic systems.

Alongside an increasing number of projects in Europe, ib vogt also anticipates increased growth in the Asian market. In order to better serve the new regional focal points in India and South-East Asia, the company has taken its internationalisation strategy a step further forward. The company is reinforcing its presence in South-East Asia and India with the establishment, in collaboration with local partners, of “nv vogt ltd” in Singapore. The realisation of the first innovative projects in these markets - such as the expansion and replacement of diesel generated power through grid integrated photovoltaic solutions - is expected for 2013.

About ib vogt:
As a reliable EPC or EPCM partner that is internationally active, ib vogt GmbH develops, plans and realises solar power plants and photovoltaic production facilities, as well as projects for the renewable energy sector, throughout the world.
Since 2009, ib vogt has realised solar power plants as ground-mounted, rooftop and building-integrated systems with a total rated output of around 130 MWp. Its range of services extends from the development, planning and construction of solar power plants to their turnkey handover. The servicing and maintenance of solar power plants is another service product offered by the company. ib vogt and its affiliated companies operate and hold shares in solar power plants with approximately 75 MWp total rated output.
The company’s portfolio also includes solutions for hybrid energy supply systems.
The success story at ib vogt began in 1998 with the first concept study for a photovoltaic factory in Germany. Over 20 photovoltaic production sites were then completed, as well as numerous concept and feasibility studies for customers in countries such as Germany, India, Spain, Mexico, Russia and the USA.

Visit our website: www.ibvogt.com

ib vogt GmbH • Helmholtzstr. 2-9 • 10587 Berlin • Germany • Phone: +49 30 39 74 40-0
Fax: +49 30 39 74 40-10 • E-mail: info@ibvogt.com • Web: www.ibvogt.com

Press contact: Juliane Gehrke • E-mail: presse@ibvogt.com

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