Subnavigation
Sidebar Navigation
„Energy Solutions“
GILDEMEISTER is tapping into the business area of renewable energies with innovative products for energy production and energy storage as well as applications. It comprises four areas: Components, SunCarrier, CellCube and WindCarrier.
At the EMO 2011 in Hanover, GILDEMEISTER energy solutions presented live how companies can produce and store part of their energy requirements themselves with solar and wind technology. In the next step, activities in this business division are to be combined together in a legal corporate structure. Detailed information presenting “Energy Solutions” can be found in the 1st quarterly report 2011.
Our business model so far has been predominantly focused on major investors and implementing turnkey projects.
With a broader product portfolio and greater sales focus on new markets and industrial customers, the division is to expand in the future to cover a broader market. In the current financial year additional expenses will be incurred for research and development as well as for penetrating new markets and target groups. Additional investments and structural adjustments for the further development of this segment are currently being implemented.
Carlino Solar parks
In Carlino in northern Italy (Friuli region) GILDEMEISTER energy solutions has installed solar parks totalling 1,316 “SunCarrier” and with total output of 25 megawatts.
Renewable energy sources division
At the EMO 2011 in Hanover, GILDEMEISTER energy solutions presented live how companies can produce and store part of their energy requirements themselves with solar and wind technology.
| Changes 30 Sep. 2011 to 30 Sep. 2010 | |||||
|---|---|---|---|---|---|
| 30 Sep. 2011 € million | 31 Dec. 2010 € million | 30 Sep. 2010 € million | € million | % | |
| Sales Revenues | |||||
| Total | 89.3 | 239.5 | 90.3 | -1.0 | -1 |
| Domestic | 24.6 | 46.5 | 43.0 | -18.4 | -43 |
| International | 64.7 | 193.0 | 47.3 | 17.4 | 37 |
| % International | 72 | 81 | 52 | ||
| Order Intake | |||||
| Total | 45.1 | 144.8 | 90.4 | -45.3 | -50 |
| Domestic | 26.6 | 45.4 | 43.8 | -17.2 | -39 |
| International | 18.5 | 99.4 | 46.6 | -28.1 | -60 |
| % International | 41.0 | 69 | 52 | ||
| Order Backlog | |||||
| Total | 66.3 | 166.5 | 261.3 | -195.0 | -75 |
| Domestic | 11.4 | 9.5 | 11.4 | 0.0 | 0 |
| International | 54.9 | 157.0 | 249.9 | -195.0 | -78 |
| % International | 83 | 94 | 96 | ||
| Investments | 1.0 | 12.6 | 11.7 | -10.7 | |
| EBIT | -24.7 | 0.4 | -0.1 | -24.6 | |
| Changes 30 Sep. 2011 to 31 Dec. 2010 | |||||
|---|---|---|---|---|---|
| 30 Sep. 2011 | 31 Dec. 2010 | 30 Sep. 2010 | % | ||
| Employees | 161 | 160 | 152 | 1 | 1 |
| plus trainees | 0 | 0 | 0 | 0 | 0 |
| Total employees | 161 | 160 | 152 | 1 | 1 |
Sales revenues in “Energy Solutions” in the third quarter amounted to € 12.6 million (previous year: € 34.2 million). The low level of sales revenues in the third quarter resulted from legislative changes in the Italian market; here we will now only implement selected major projects. In the first nine months we achieved sales revenues of € 89.3 million and were thus around the previous year’s level (€ 90.3 million). In the fourth quarter a marked rise in sales revenues is expected. Order intake in the third quarter amounted to € 10.5 million (previous year: € 32.4 million); on 30 September it reached € 45.1 million (previous year: € 90.4 million). The order backlog amounted to € 66.3 million. EBIT in the first nine months amounted to € –24.7 million (previous year: € – 0.1 million); this was mainly caused by the low level of sales revenues as well as the high consultancy costs for closing projects. In addition, research and development expenses including those for the new SunCarrier model (SC 22) and the further development of storage technology affected earnings. Furthermore, investment was made in expanding product sales. The number of employees was 161 (31 Dec. 2010: 160).