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BayWa r.e. Announce Strategic Partnership for the UK

MACHYNLLETH, Wales and MUNICH, February 5, 2014 /PRNewswire/ --

ZEVERsolar PV inverters are now available for the first time in the UK through BayWa r.e. Solar Systems Ltd., a UK subsidiary of BayWa r.e. renewable energy GmbH (BayWa r.e.).

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Last year SMA, one of the world's leading solar PV manufacturers, acquired a majority stake in China's number two inverter manufacturer. Now as a joint German/Sino operation Zeversolar combine German technological know-how and Chinese manufacturing prowess to provide PV inverter products with the potential of truly global reach.

When asked about the completion of the strategic partner, BayWa r.e. Solar Systems MD Ian Draisey commented: "After lengthy dialogue and an exacting due diligence process BayWa r.e. Solar Systems Ltd. are delighted to announce the creation of a new strategic partnership with Zeversolar in the UK. Zeversolar inverters are ideally suited to the characteristics of the UK market and we find the prospect of developing Zeversolar as a brand in the UK very exciting."

With European efficiency ratings in excess of 97.5% Zeversolar produce inverters with nominal power outputs of 2-5KWp at single phase and 4-20KWp at three phase level. High performance levels combined with a broad product offering and truly competitive pricing provides BayWa r.e. with a near perfect product fit to help extend the existing product portfolio.

Andreas König, European Sales Director at Zeversolar, added that: "BayWa r.e. Solar Systems Ltd. are the ideal partner for the UK, with an extensive customer base, best in class technical support and the reputation for customer service only a handful of companies can offer."

About BayWa r.e. renewable energy GmbH:

BayWa r.e. renewable energy GmbH, a wholly owned subsidiary of BayWa AG, is responsible for BayWa Group's renewable energy business. BayWa r.e. was founded in 2009 and is based in Munich. It acts as a holding company for various business interests in the areas of solar, wind energy, bio-energy and geothermal energy.

BayWa r.e.'s business activities range from project development and realisation to PV trade and consulting services. The company covers the entire spectrum of a professional technical plant support service, including maintenance. It can also undertake the commercial operations management of plants. A further aspect of BayWa r.e.'s business is biomethane trading. The company has an international focus with its core markets in Europe and the USA.

BayWa AG (Munich) is a listed trading company operating on an international platform. Its main business sectors are agriculture, energy and building materials.

Contact:

BayWa r.e. renewable energy GmbH
Maria Huber
Public relations
Telephone: +49(89)-383932-131
Fax: +49(89)-383932-32
Email: [email protected]


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