German energy supplier MVV buys rooftop PV provider and sister company

Share on facebook
Facebook
Share on twitter
Twitter
Share on linkedin
LinkedIn
Share on reddit
Reddit
Share on email
Email
MVV said the acquisitions will strengthen its industrial, commercial and real estate offering. Image: MVV.

German energy supplier MVV Energie AG has acquired all the shares of AVANTAG Energy S.à r.l and its sister company Philipp Rass Energy GmbH for an undisclosed amount.

The purchase “complements MVV’s portfolio in the German market”, according to the company as both acquired parties are specialists in solar project development in the German industrial, commerce and the real estate sectors.

AVANTAG Energy’s solutions focus on rooftop PV systems with a rated output from 100kWp up to the largest roof areas of up to 1MW.

“With this acquisition, MVV is supplementing its PV offering in this segment, thus enabling business customers to generate climate-friendly electricity with rooftop PV systems,” said the company.

MVV said that the acquisitions were the “perfect addition” to its portfolio as rooftop PV supplier AVANTAG would “optimally meet growing customer demand in the business customer segment”.

“With AVANTAG’s rooftop PV solutions, we can ideally complement our modular solution house and offer our business customers holistic, decentralised and CO2-neutral solutions on site to shape their individual energy transition together with them,” said Joachim Hofmann, managing director of MVV Enamic.

“In this way, our customers can not only convert their production to climate-neutral electricity, but also charge the growing fleet of their own e-vehicles and the e-cars of their employees CO2-free.”

15 June 2022
Consumers are turning to residential renewables in significant numbers, driven by a desire to be environmentally conscious and a wave of high power prices. But turning green requires easy-to-use and, above all, safe technologies that meet expectations. Huawei is committed to building efficient, safe, reliable and grid-supporting smart PV plants that also provide smart services to consumers, and its Residential Solution has been tailored to meet consumer demand. This webinar will demonstrate the full suite of technologies offered within the Huawei Residential Solution, including a smart energy controller, smart AC charger, and AI-powered energy storage solution, and detail how it can place power back in the consumer’s hands.

Read Next

May 26, 2022
US solar and energy storage developer Borrego will spin off and sell its development business, including its more than 8.4GW PV project pipeline, to investment firm ECP.
May 24, 2022
Spanish renewables developer Grenergy is looking to expand its presence in Europe in five new markets in the wake of the continent's REPowerEU plan.
PV Tech Premium
May 23, 2022
Germany‘s new rainbow coalition has hit the accelerator on solar deployment in the country, setting the ambitious aim of reaching 215GW of installed capacity by 2030. Jules Scully speaks to policy makers and developers alike to discover just how the market can reach that goal
May 13, 2022
Retail giant IKEA has partnered with US residential solar installer SunPower to offer home PV solutions in the US.
May 13, 2022
JinkoSolar has signed its first European energy storage solution (ESS) framework agreement with German solar and energy storage wholesaler Memodo.
PV Tech Premium
May 10, 2022
Erik Martinson, CEO at residential solar challenger Svea Solar, speaks to PV Tech Premium about how Europe’s energy crises and sustainability trends are lifting the home solar and energy storage markets.

Subscribe to Newsletter

Upcoming Events

Solar Media Events
June 7, 2022
Leonardo Royal London City, London, UK
Solar Media Events
June 14, 2022
Napa, USA
Solar Media Events
June 22, 2022
Sheraton Austin Hotel at the Capitol, Austin, Texas