Juwi merges with wind developer Windwärts Energie

Jul 11, 2022 04:05 PM ET
  • German solar developer and also EPC professional juwi is signing up with forces with wind project developer Windwärts Energie.
Juwi merges with wind developer Windwärts Energie
Image: juwi

The firms, both possessed by German regional utility MVV Energie, have merged under the name JUWI as they plan to increase renewables implementation in Germany as well as choose markets in various other countries.

The modification in the business's organisation from juwi AG (a joint-stock firm) to JUWI GmbH (an exclusive limited firm) has currently been completed.

According to a press release, the merging will combine technical know-how with product growth as well as operations experience.

"As a result of the EU Green Deal as well as the new climate neutrality targets established by politicians in Germany as well as lots of crucial international markets, the conditions for renewable energies have further improved over the past couple of months," stated Carsten Bovenschen, chairman of the board at JUWI.

Having set up around 1,850 solar PV projects with an overall capacity of regarding 3,250 MW, JUWI's PV presence covers markets such as the US, Australia, Italy as well as Japan, among others.

The firm secured a deal last year to construct a solar hybrid project at an off-grid golden goose in Egypt that will certainly consist of a 36MW PV plant attached to a 7.5 MW battery storage space system.

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