German solar developer and EPC contractor juwi is joining forces with wind project developer Windwärts Energie.
The companies, both owned by German regional utility MVV Energie, have merged under the name JUWI as they plan to expand renewables deployment in Germany and select markets in other countries.
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
The change in the company’s organisation from juwi AG (a joint-stock company) to JUWI GmbH (a private limited company) has now been completed.
According to a press release, the merger will combine technical know-how with product development and operations experience.
“As a result of the EU Green Deal and the new climate neutrality targets set by politicians in Germany and many key international markets, the conditions for renewable energies have further improved over the past few months,” said Carsten Bovenschen, chairman of the board at JUWI.
Having installed around 1,850 solar PV projects with a total capacity of about 3,250MW, JUWI’s PV presence spans markets such as the US, Australia, Italy and Japan, among others.
The company secured a deal last year to construct a solar hybrid project at an off-grid gold mine in Egypt that will include a 36MW PV plant connected to a 7.5MW battery storage system.