German renewables developer Juwi will cut jobs and reduce its management staff in response to declining margins and “significant economic pressure” in the German renewables market.
JUWI, a wholly-owned subsidiary of MVV Energie AG, has completed the sale of a 156MW solar PV portfolio in Greece to Mirova, an affiliate of Natixis Investment Managers specialising in sustainable investing.
In this article, Richard Doyle, MD of JUWI Renewable Energies South Africa, discusses the benefits, lessons and future of solar PV with battery energy storage for mining.