BayWa Group plans to sell international solar trading business

Facebook
Twitter
LinkedIn
Reddit
Email
BayWa r.e.’s trading business unit comprises more than 20 distributed companies and 1,400 employees globally. Image: BayWa AG/Enno Kapitza.

Industrial conglomerate Baywa Group plans to sell Solar Trade, an international solar trading business that is part of BayWa r.e.

This decision is part of a strategic realignment of the renewables arm, BayWa r.e., which will expand as an independent power producer (IPP) and focus on its international project business.

This article requires Premium SubscriptionBasic (FREE) Subscription

Unlock unlimited access for 12 whole months of distinctive global analysis

Photovoltaics International is now included.

  • Regular insight and analysis of the industry’s biggest developments
  • In-depth interviews with the industry’s leading figures
  • Unlimited digital access to the PV Tech Power journal catalogue
  • Unlimited digital access to the Photovoltaics International journal catalogue
  • Access to more than 1,000 technical papers
  • Discounts on Solar Media’s portfolio of events, in-person and virtual

Or continue reading this article for free

With the sale of Solar Trade, the company would use the proceeds to finance a tripling of BayWa r.e.’s project business volume by 2026 and increase the IPP’s portfolio to 3GW.

BayWa r.e.’s solar trading business currently comprises more than 20 distributed companies and more than 1,400 employees globally.

With the transition to renewables, it created growth opportunities in European markets, as well as expansions to Asian Pacific and American markets for the company to reach annual sales of solar modules and inverters to over 10GW.

Klaus Josef Lutz, CEO of BayWa and chairman of the supervisory board of BayWa r.e., said: “Today, we play a key role in setting the pace for the transition to renewable energy sources. More than half of our consolidated earnings are generated with renewable energies.”

Read Next

June 10, 2025
US residential solar companies Sunnova and Solar Mosaic have filed voluntary petitions for relief under Chapter 11 of the US Bankruptcy Code.
May 19, 2025
IPPs across Europe are rapidly adapting their business models as negative power prices become increasingly prevalent.
Premium
April 16, 2025
PV Talk: “We need more grid, but there are a lot of challenges and hurdles in expanding the grid,” José Visquert tells PV Tech Premium.
April 4, 2025
US independent power producer (IPP) Silicon Ranch has secured a US$500 million investment from Danish fund manager AIP Management.
March 14, 2025
The capacity is spread across three commissioned projects: the 40MWp Greenberry, 40MW Fontenet 3 and the 47MW Amance projects.
February 25, 2025
The company increased its shareholding from 49% to 65% through an agreed capital increase and assumes the role of majority shareholder.

Subscribe to Newsletter

Upcoming Events

Upcoming Webinars
June 30, 2025
10am PST / 6pm BST
Solar Media Events
July 1, 2025
London, UK
Solar Media Events
July 1, 2025
London, UK
Media Partners, Solar Media Events
July 2, 2025
Bangkok, Thailand
Media Partners, Solar Media Events
September 2, 2025
Mexico City, Mexico