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KACO new energy responds to shift in PV markets

KACO new energy responds to shift in PV markets


KACO new energy GmbH resolves to restructure the Neckarsulm site in Germany. Against a background of significant global growth, which is largely playing out outside Europe, the inverter manufacturer is paying increased attention to this shift in the PV markets and refining its focus. In 2015, KACO new energy group recorded strong growth outside Europe. In order to respond to this development, the management has resolved on extensive restructuring at its German headquarters in Neckarsulm. The company’s aim is to concentrate on solutions for commercial PV systems and large-scale PV power plants by adapting and tailoring its product and service portfolio precisely to the needs of customers in the respective target market. These measures are intended to cement the pathway to international growth that has already been laid, thereby securing long-term global success for the group.

The future of the PV markets lies in America, Asia, Africa and the Middle East. These regions recognise the potential of photovoltaics as a key technology for electricity generation; policy-makers there appreciate the significant role that solar energy plays in securing the competitive ability of national economies. This new regional focus requires globally active PV manufacturers such as KACO new energy to make certain structural changes which will, in turn, impact on employment policy. “We are pursuing growth through refining our focus. The aims are clear: to achieve profitable growth and to considerably simplify structures,” explains Managing Director Ralf Hofmann. For the company headquarters in Neckarsulm, this will mean cutting 80 positions through a socially balanced procedure in consultation with employee representatives. Part of the restructuring will see certain remits being transferred to subsidiaries in the USA and South Korea.

Neckarsulm will remain the most important production site within the KACO new energy group and the only production site in Europe, ensuring that the company can continue to supply its customers quickly with solutions “Made in Germany” in the future. All the key central functions for the global group of companies will remain in Neckarsulm.


Anand Gupta Editor - EQ Int'l Media Network


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