Cogentrix is focused on the development of renewable power,
primarily solar electric generation.
Currently, Cogentrix is focusing its efforts on photovoltaic
and concentrating photovoltaic technologies. The Company believes solar power
has tremendous potential for becoming a more significant part of the future
U.S. electric generation supply. Technological advancements, falling raw
material costs, efficiency improvements in the manufacturing of the components
for solar generating plants and state and federal incentives and regulatory
mandates are expected to result in a large and attractive market for solar
Cogentrix intends to expand its U.S. based solar portfolio business through development of new projects and the acquisition of existing assets or projects in late stage development. The company currently owns and operates Sunray, a 43 MW project in California and Alamosa, a 30 MW project in Colorado and is pursuing additional solar opportunities.
Cogentrix is uniquely positioned to capitalize on the opportunities in the renewable power industry by utilizing its proven development and engineering expertise as well as its broad financing capabilities.