May. 10, 2012 (China Knowledge) - Conergy AG is a Germany-based global manufacturer of products for the solar power generation, is closing to sell a 30% stake to a Chinese solar company, said sources familiar with the matter, foreign media reported.
The stake sale is expected to be completed by the end of this summer, according to the report.
However, the sources did not identify the buyer.
Conergy, with 12 years of solar experience, delivers solar systems from a single source. The Hamburg-based company, with more than 1,500 employees, provides integrated and comprehensive services for the development of solar power plants. It has produced and sold more than 1.6 GW of clean solar energy, according to the firm's website.