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TiSUN goes Middle East

02-11-2009 05:50 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: TiSUN Gmbh

Robin M. Welling, CEO TiSUN GmbH and TiSUN LLC. talks to visitors of the WFES 2009 in Abu Dhabi

Robin M. Welling, CEO TiSUN GmbH and TiSUN LLC. talks to visitors of the WFES 2009 in Abu Dhabi

TiSUN marked its official launch on the Middle Eastern market by presenting its solar systems to the Arabian renewable energies sector at the World Future Energy Summit in Abu Dhabi.

The market launch in the United Arab Emirates comes as no surprise. Having gained entry to 21 further markets, it is clear that TiSUN products are successful and in demand worldwide. According to a study published by the Austria Solar association (www.solarwaerme.at/Sonne-und-Energie/Marktstatistik/Weltmarkt/), solar heating systems are the world’s leading renewable systems. This study puts wind power systems in second place in a comparison of megawatts generated, with photovoltaic systems a long way behind in third place.

Robin M. Welling, Managing Director of TiSUN GmbH and TiSUN LLC, sees the new market as a logical consequence. “TiSUN is concentrating on the Austrian domestic market and also presenting its portfolio to interesting international markets, for example at the World Future Energy Summit 2009 in Abu Dhabi.” The reasons for TiSUN addressing this market are clear. The Arabian region has a high concentration of construction in a very small area, energy resources are limited and the energy saving potential in the Gulf area is enormous. TiSUN solar systems can contribute to the supply of renewable energy.

In Abu Dhabi itself, people are aware of the limited supply of fossil fuels and the Crown Prince of Abu Dhabi, Sheikh Mohammed bin Zayed Al Nahyan, has shown his concern for environmental protection by initiating the construction of MASDAR City. Currently still at the planning stage, this green city in the desert has a promising future. Masdar, which means source in Arabic, will be CO2-free, generate almost no waste and have no cars. The eco city will run self-sufficiently on renewable energy and have space for 50,000 people.. This project demonstrates the need to think about things in a different way. The Emirates of Dubai and Abu Dhabi are also currently investing billions in other environmental projects and are set to lead the way for the rest of the world. As one of the world’s primary producers of crude oil, the United Arab Emirates has the necessary capital.

With projects such as Masdar City, millions are being invested in renewable energies and TiSUN is taking advantage of the opportunity to acquire market shares in these countries with its high-quality products, also with a view to securing the long-term future of the Tyrol as a key location and operating independently of the current economic situation.

TiSUN Company
Market leader TiSUN shows the way in innovation

TiSUN produces high-quality solar collectors and storage systems for heat recovery from solar energy, built to withstand the harsh conditions of an alpine climate. The company has now been researching and developing its own technology for several decades, with the last ten years seeing it establish a position as one of Europe‘s top solar thermal manufacturers. Around 80 per cent of production output from TiSUN is shipped outside Austria.
In 2007, the company, which employs 124 people at its site in Söll, Austria, was once again awarded the Austria Solar Seal of Quality. All standard-series TiSUN solar collectors are manufactured according to the standards of the Europe-wide SOLAR KEYMARK certification programme. The commercial success of the company has also received outside recognition, with the Wirtschaftsblatt economic journal, PricewaterhouseCoopers, and KSV1870 (Austria’s largest association for the protection of creditors) all ranking TiSUN among the top three Tyrolean medium-sized enterprises in the “Austria’s Leading Companies” awards. TiSUN achieved a further milestone in the second quarter of 2008 with the establishment of TiSUN LLC in New Jersey, USA.

The TiSUN success story
1989 - Company founded by Arnold Teufel and Gerhard Schwarz in Kitzbühel, Austria
1991 - Relocation with four members of staff to St. Johann in the Austrian Tyrol
1994/1995 - Second relocation to Going am Wilden Kaiser, Austria, with nine employees
1998 - Application for patent for Pro-Clean® solar stratified tank
1999 - Implementation of first large-scale project at the Neue Heimat residential complex in Innsbruck, Austria, with a collector area of 1150 m2.
2003 - TiSUN becomes the first company to receive the Austria Solar Seal of Quality
2004 - Sales of TiSUN systems in Austria, Germany, Switzerland, Belgium, Czech Republic, and the autonomous Province of South Tyrol/Alto Adige.
2005 - TiSUN achieves the impressive milestone of 100,000 m2 installed collector area
2006 - France, Italy, and Spain are added to the TiSUN sales area
2007 - TiSUN continues to export large volumes and adds markets in Portugal, Ireland, United Kingdom, Finland, Sweden, Poland, Hungary, Turkey, Greece, Slovenia, and Croatia.
January 2007 - Move to the 30,000 m2 TiSUN site in Söll, Austria.
March 2007 - Official opening of the new TiSUN site
June 2007 - Inaugural open day at Söll attracts more than 2000 visitors
November 2007: Austrian Leading Companies – 3rd place in the medium-sized enterprises category
December 2007 - First company in the solar industry to achieve ISO 9001 certification
2008 - TiSUN now also supplies to Russia, Belarus, Latvia, Ukraine, Pakistan, Morocco, Tunisia, Oman, United Arab Emirates, and Chile
June 2008 - Establishment of TiSUN LLC at Pennington, New Jersey, USA.

Facts and figures
2004 Doubling of turnover to 9 million euros with 50 employees (four delivery markets
2005 Turnover increased to 12.4 million euros with 67 employees (four delivery markets)
2006 Turnover increased to 21.2 million euros with 86 employees (eleven delivery markets)
2007 Turnover increased to 22 million euros with 117 employees (17 delivery markets)
2008 Turnover increased to 33 million euros with 124 employees (32 delivery markets)
Export ratio at 83 percent
Market leader in the Tyrol and Western Austria (over 50 percent market share)
Top 3 player in the Austrian solar thermal sector
124 employees
Total collector area produced to end of year 2008: 385,000 m2 (equivalent to the energy provided by over 102 million litres of oil)

Quality certification
European certification: Solar Keymark
ISO 9001:2000 quality management system
Austrian certification: Austria Solar Seal of Quality
Swiss certification: SPG Rapperswil (solar technology testing and research institute), SVGW Zurich (Swiss Gas and Water Industry Association)
German certification: ITW Stuttgart (Institute of Thermodynamics and Heat Engineering)
French certification: ENERPLAN, Solar Climate. Scheme offering TiSUN customers up to 90% state subsidy.
Spanish certification: Ministerio de Tourismo Industria y Comercio (Ministry of Tourism, Industry and Commerce)

TiSUN GmbH
Nina Karner
Public Relations
Stockach 100
A - 6306 Söll
press@tisun.com
Phone +43 5333 201-207
Fax +43 5333 201-299

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