News Article
O Sole Mio
Italian Phoenix Solar subsidiary RED 2002 to be renamed Phoenix Solar srl.
Renewable Energies Development 2002 (RED 2002), the Italian subsidiary of Phoenix Solar, is to be renamed Phoenix Solar srl effective 1 January, 2009. In taking this step, the parent company is not only consolidating the Phoenix Solar brand: its subsidiary in Italy will also derive sustained, long term benefits from the know how and brand awareness of a solar energy enterprise active on the international stage.
Phoenix Solar is one of the world's leading photovoltaic (PV) system suppliers with a highly efficient European distribution network as well as outstanding in depth expertise in the construction of solar power plants up to and including the multi-megawatt range. The company is based in Sulzemoos, near Munich, and has subsidiaries in Italy, Spain, Greece, Singapore and Australia. After first acquiring a strategic interest in RED 2002 in 2006, in July 2008 Phoenix Solar increased its stake to 100%. The change of name effective 1 January is the logical next step in the company's world wide internationalisation and branding strategy. Phoenix Solar aims to operate globally under a single brand.
“We see huge potential in the Italian PV market. Together with our Italian colleagues we aim to grow substantially in Italy and expand our market share accordingly“, explained Dr. Andreas Hänel, CEO of Phoenix Solar.
“RED's knowledge of the Italian market and Phoenix Solar's competence and experience complement one another perfectly“, added RED 2002 general manager Domenico Inglieri. “Our highly motivated team is looking forward to shaping Italy's solar future as a part of the international Phoenix Solar Group“.
Phoenix Solar is one of the world's leading photovoltaic (PV) system suppliers with a highly efficient European distribution network as well as outstanding in depth expertise in the construction of solar power plants up to and including the multi-megawatt range. The company is based in Sulzemoos, near Munich, and has subsidiaries in Italy, Spain, Greece, Singapore and Australia. After first acquiring a strategic interest in RED 2002 in 2006, in July 2008 Phoenix Solar increased its stake to 100%. The change of name effective 1 January is the logical next step in the company's world wide internationalisation and branding strategy. Phoenix Solar aims to operate globally under a single brand.
“We see huge potential in the Italian PV market. Together with our Italian colleagues we aim to grow substantially in Italy and expand our market share accordingly“, explained Dr. Andreas Hänel, CEO of Phoenix Solar.
“RED's knowledge of the Italian market and Phoenix Solar's competence and experience complement one another perfectly“, added RED 2002 general manager Domenico Inglieri. “Our highly motivated team is looking forward to shaping Italy's solar future as a part of the international Phoenix Solar Group“.
