BayWa r.e. tees up flurry of renewables asset sales for Q4

Facebook
Twitter
LinkedIn
Reddit
Email
BayWa r.e. concluded the sale of the Bomhofsplas floating PV project in June 2020. Image: BayWa r.e.

BayWa r.e. expects to conclude the majority of a 1GW+ pipeline of renewable asset sales towards the end of this year after it highlighted the role solar played in its H1 2020 results.

Reporting its financials for the first six months of the year, BayWa AG confirmed its renewable energies division to have recorded a 20% jump in revenues year-on-year to €835.8 million (US$991 million).

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

But the rise in revenues was not enough to offset a decline in earnings, as the division slipped to a loss of €1.3 million, having recorded a narrow profit in H1 2019.

But in discussing its performance, BayWa said that solar had contributed strongly to positive earnings within its wider energy segment, which includes conventional energy generation. BayWa’s combined energy segment reported a 38% jump in H1 earnings in 2020, rising to €16.7 million.

The Germany-headquartered developer also teased that more is expected to come from its renewables arm in the second half of the year, particularly during Q4, when a slew of renewables asset sales are being lined up.

From a portfolio of around 1.2GW of solar assets lined up for sales this year, just 54MW have been concluded to date – including the sale of Europe’s largest floating solar park at Bomhofsplas – and BayWa expects the sales of those remaining assets to complete in the last three months of the year.

This, the company said, gave it optimism against an expected decline in momentum within its conventional energy business unit.

2 December 2025
Málaga, Spain
Understanding PV module supply to the European market in 2026. PV ModuleTech Europe 2025 is a two-day conference that tackles these challenges directly, with an agenda that addresses all aspects of module supplier selection; product availability, technology offerings, traceability of supply-chain, factory auditing, module testing and reliability, and company bankability.
10 March 2026
Frankfurt, Germany
The conference will gather the key stakeholders from PV manufacturing, equipment/materials, policy-making and strategy, capital equipment investment and all interested downstream channels and third-party entities. The goal is simple: to map out PV manufacturing out to 2030 and beyond.

Read Next

July 1, 2025
French private equity firm Ardian Clean Energy Evergreen Fund (ACEEF) has bought 117 solar PV plants, worth 116MW of total capacity in several locations in Italy.
July 1, 2025
A five-year research initiative is underway in Australia to test the viability of floating solar systems on irrigation dams.
Premium
June 30, 2025
Solargis CEO Marcel Suri explores three areas where new standards could help underpin greater efficiency, accuracy and market resilience.
June 30, 2025
Eni subsidiary Plentiude has started operations at the northern block of its 330MW Renopool solar portfolio in Spain.
June 27, 2025
Statkraft has signed PPAs with Better Energy to purchase energy from two solar power plants in Poland with a total capacity of 64GWh.
June 27, 2025
PV Tech spoke to Monika Paplaczyk about recent changes in the UK energy mix and opportunities for investors in the solar sector.

Subscribe to Newsletter

Upcoming Events

Media Partners, Solar Media Events
July 2, 2025
Bangkok, Thailand
Media Partners, Solar Media Events
September 2, 2025
Mexico City, Mexico
Solar Media Events
September 16, 2025
Athens, Greece
Solar Media Events
September 22, 2025
Bilbao, Spain
Solar Media Events
September 30, 2025
Seattle, USA