Powering Progress: BayWa’s Record Sale Of 10GW Solar Modules and Inverters In 2023!

BayWa Solar Trade Shines Bright with Record-Breaking Sales of 10,000MW in 2023!

In a remarkable feat, leading photovoltaic distributor BayWa Solar Trade achieved an unprecedented milestone by selling over 10,000MW of modules and inverters combined in 2023. Despite facing challenging market conditions worldwide, BayWa Solar Trade not only maintained but also significantly increased its sales volume across major product categories, including storage systems, wall boxes, mounting systems, and its own brand novotegra.

This historic achievement marks the first time BayWa Solar Trade has surpassed the 10,000MW mark in its history, reflecting the company’s resilience and strategic expansion efforts. Throughout 2023, BayWa Solar Trade focused on penetrating new markets, with successful market entries in Greece, Latvia, Brazil, and Colombia, in addition to strengthening its presence in Europe through increased warehouse capacities and new sales offices in Romania, Bulgaria, Slovakia, Estonia, and Lithuania.

Frank Jessel, CEO of BayWa Solar Trade, expressed pride in the company’s accomplishments, stating, “Last year was challenging, but with our commitment and strategic focus, we were able to reach the 10GW milestone in module and inverter sales, which is a great result. This year, we will continue to drive success by further unlocking our digital potential and improving our customer journey, particularly in e-commerce, where we have recorded more than a 53% increase in sales last year. The whole Solar Trade team, whose dedication is exceptional, looks forward to continuing to thrive in 2024 and beyond.”

BayWa Solar Trade’s outstanding performance in 2023 not only underscores its market leadership but also highlights its dedication to innovation, customer satisfaction, and sustainable growth. As the company embarks on a new year, its commitment to excellence and continuous improvement remains unwavering, setting the stage for continued success in the renewable energy sector.

#BayWaSolarTrade #RecordSales #RenewableEnergy #SolarPower #Innovation #CustomerSatisfaction #DigitalTransformation #MarketExpansion #SustainableGrowth







Credits: [Image: BayWa]


Powering Progress: EnBW Launches Construction Of New PV Site In Germany!

EnBW Breaks Ground on Baden-Württemberg’s Largest Solar Park!

EnBW, a leading energy provider, recently celebrated the start of construction for Baden-Württemberg’s most significant solar park yet. This impressive 80MW array, located south of Wilflingen in Langenenslingen, Germany, marks a significant step forward in sustainable energy production.

The solar park, scheduled to be operational by mid-2025, is expected to generate enough clean energy to power approximately 30,000 households. This milestone event was commemorated with a groundbreaking ceremony attended by local citizens, district administrator Mario Glaser, and Langenenslingen’s mayor Andreas Schneider.

Mario Glaser expressed pride in the region’s contribution to the energy transition, stating, “With this solar park, we are putting Langenenslingen firmly on the map.” Mayor Schneider echoed this sentiment, emphasizing the project’s role in shaping the energy landscape and strengthening the local community.

EnBW’s dedication to sustainability is evident in its collaboration with project developer SolNet GmbH to ensure environmentally friendly practices throughout the planning and construction phases. The project’s swift progress is credited to collaborative efforts and unanimous support from municipal and local councils.

Thorsten Jörß, responsible for solar park projects at EnBW, acknowledged the significance of local partnerships and efficient decision-making processes. “Even a project as big as this can be realized swiftly if everyone pulls together as a team,” Jörß commented.

In addition to its environmental benefits, the solar park is expected to reduce carbon emissions by approximately 54,500 metric tons per year once operational. EnBW has also implemented compensatory measures to preserve native habitats and biodiversity, including landscape conservation initiatives and habitat development.

This groundbreaking project represents a significant milestone in Germany’s renewable energy journey, showcasing the power of collaboration, innovation, and commitment to a sustainable future. Stay tuned for updates as the solar park progresses towards commissioning and full-scale operation in 2025!

#EnBW #SolarPark #RenewableEnergy #Sustainability #EnergyTransition #CleanEnergy #EnvironmentalImpact #CommunityEngagement #GreenFuture #SolarPower







Credit: [Image: EnBW/Uli Deck]


Rising With Radiance: Nautical SUNRISE Powers OranjeWind Floating Solar Farm!

Introducing the Nautical SUNRISE project: paving the way for sustainable energy solutions with a 5MW offshore floating solar system at RWE’s 800MW OranjeWind wind farm in the Netherlands! 🌞💨

Supported by the Horizon Europe programme, this €8.4m initiative is set to revolutionize offshore floating solar (OFS) technology, driving research and development for efficient and reliable systems. #NauticalSUNRISE #RenewableEnergy #OffshoreSolar #SustainableFuture #HorizonEurope

RWE’s investment in installation and integration, along with SolarDuck’s cutting-edge solar panels, marks a significant step towards large-scale deployment and commercialization of OFS. #RWE #SolarDuck #CleanEnergy

Environmental impact is a top priority, with thorough assessments planned to ensure ecological sustainability across the project’s lifecycle. #EnvironmentalImpact #Sustainability #GreenTechnology

Join us as we embark on a journey towards a greener, more sustainable future with offshore floating solar systems! 🌍☀️ #GreenRevolution #SustainableTech #SolarPower #WindEnergy #CleanTech








Credits: [Image: SolarDuck]


Shining Brightly: Low Carbon And Lloyds Partner For UK Solar Power Purchase Agreement (PPA)!

Low Carbon and Lloyds Banking Group Team Up for Renewable Energy Breakthrough!

In a groundbreaking move towards sustainability, Low Carbon and Lloyds Banking Group have signed a game-changing corporate power purchase agreement (PPA). Over the next decade, Lloyds Banking Group will procure 50GWh of clean electricity annually from Low Carbon, marking a significant leap forward in their commitment to green energy.

The electricity will be sourced from Low Carbon’s cutting-edge solar farms, including the 49MW Meadow Solar Farm in Hampshire and the Pepperhill Solar Farm in Shropshire, both located in the UK. Production at these sites is slated to commence in 2025, delivering a substantial boost to renewable energy generation in the region.

Partnering with EDF Business Solutions, Low Carbon will ensure seamless delivery of energy from the solar farms to power Lloyds Banking Group’s UK property estate. This initiative is projected to prevent over 21,000 tonnes of CO2 emissions annually, contributing significantly to environmental conservation efforts.

This collaboration not only strengthens the existing relationship between Low Carbon and Lloyds Banking Group but also underscores their shared vision of deploying large-scale renewable infrastructure globally. As a key player in Low Carbon’s multi-bank finance facility, Lloyds Banking Group has been instrumental in supporting the development of a 1GW portfolio of solar projects in the UK and the Netherlands.

Marco Verspuij, Low Carbon’s head of power management, highlighted the importance of transitioning to renewable energy and praised Lloyds Banking Group for their partnership in driving this critical shift. He emphasized that commercial banks and renewable energy developers working together can pave the way for meaningful progress in combating climate change.

Dave Blott, Future Ways of Working Director at Lloyds Banking Group, expressed excitement about the impact of this partnership, stating that the PPA will accelerate their transition towards cleaner, renewable energy. He reiterated the group’s commitment to reducing carbon emissions and contributing to a sustainable future for Britain.

This collaboration sets a powerful precedent for the financial and renewable energy sectors, showcasing the transformative potential of strategic partnerships in advancing sustainable practices and mitigating climate change.

#LowCarbon #LloydsBankingGroup #RenewableEnergy #SolarPower #Sustainability #ClimateAction #GreenFuture #PowerPurchaseAgreement #CleanEnergyTransition








Credit: [Image: Low Carbon]


Sailing Into The Future: Partners Unveil Ambitious 540MW Italian Hybrid Floater Project!

🌊⚡ Sailing into the Future: SolarDuck, Green Arrow Capital, and New Developments Unveil Revolutionary Offshore Hybrid Project in Italy’s Gulf of Taranto! 🇮🇹💡

The stage is set for a groundbreaking leap in renewable energy as SolarDuck, Green Arrow Capital, and New Developments join forces to develop a pioneering offshore floating photovoltaic (OFPV) project coupled with a vast floating offshore wind farm. This dynamic partnership is poised to revolutionize Italy’s energy landscape with a combined capacity of 540MW.

Named the Corigliano offshore hybrid wind-solar farm, this visionary project will grace the waters of the gulf of Taranto off the coast of Corigliano-Rossano in Calabria. Anchored by 28 floating turbines, this innovative site will harness the abundant energy potential of both wind and solar resources.

At the heart of the project lies SolarDuck’s innovative elevated platform technology, enabling the deployment of PV panels even in significant wave heights while ensuring a safe working environment for maintenance and minimizing environmental impact. This synergy between wind and solar energy resources not only maximizes energy generation but also underscores the project’s commitment to sustainability.

Currently navigating the permitting process, the Corigliano project is projected to achieve Commercial Operation Date (COD) in 2028. SolarDuck’s Chief Executive, Koen Burgers, expressed his optimism, stating, “With the current momentum, we believe this is a unique opportunity for the offshore renewable energy industry to help shape a favorable regulatory framework and facilitate the scaling of OFPV.”

Daniele Camponeschi, Founder and Chief Information Officer of Green Arrow Capital Group, emphasized the project’s significance, saying, “As pioneers of renewables in Italy, we continually strive to lead the way, exemplified by our innovative offshore projects. These cutting-edge infrastructures not only generate green energy contributing to sustainable energy transition and independence but also demonstrate their complementarity to onshore installations, preserving precious land resources.”

With its potential to serve as a catalyst for OFPV not only in Italy but across the Mediterranean region, the Corigliano project stands as a testament to the power of collaboration and innovation in driving the transition towards a more sustainable future. 🌞🌬️ #RenewableEnergy #SolarPower #WindEnergy #OffshoreWind #Innovation #Sustainability #GreenTech #ItalyRenewables 🚀🌊







Credits: [Image: SolarDuck]


Solar Symphony: Enfinity Strikes Chord With €25m Funding For Italian Solar Quartet!

🌞💼 Illuminating Italy: Enfinity Global Partners with Sienna Investment Managers for €25m Solar Boost in Lazio! 🇮🇹✨

Enfinity Global has set the stage for a solar revolution in Italy with a groundbreaking €25m finance facility agreement with Sienna Investment Managers (IM). This strategic partnership is poised to construct a formidable 134MW solar portfolio in Lazio, promising a brighter, more sustainable future for the region.

Comprising four expansive solar power plants currently under construction, this ambitious portfolio is scheduled for commissioning in progressive phases starting from the second quarter of 2024. Once operational, it’s projected to unleash a staggering 225GWh of clean energy annually, all under the umbrella of a 10-year solar power purchase agreement with Statkraft.

Enfinity Global’s relentless pursuit of green energy infrastructure has garnered widespread acclaim, with previous financing agreements totaling €162m secured from a consortium of international banks. With the expert guidance of financial advisor Astris, and legal counsel from DLA Piper and Gianni & Origoni, this latest collaboration is poised to elevate Italy’s renewable energy landscape to new heights.

Sienna IM’s Sustainable Infrastructure Debt strategy has already made waves across Europe, financing renewable energy schemes with a combined capacity of 2GW across six countries. Now, with their support, Enfinity Global is poised to further solidify its position as a trailblazer in the green energy sector.

Julio Fournier Fisas, Chief Executive for Europe at Enfinity Global, expressed his enthusiasm, stating: “We are pleased to partner with Sienna Investment Managers for this transaction as we keep progressing in the deployment of green energy infrastructure in Italy. It represents a good example of our ability to attract high-quality asset investments to our portfolios.”

As Enfinity Global continues to spearhead the transition towards sustainable energy solutions, this collaboration serves as a testament to their unwavering commitment to a cleaner, greener future for generations to come. 🌍🌟 #SolarPower #RenewableEnergy #Sustainability #Investment #GreenEnergy #ItalySolar #CleanEnergyFuture #PartnershipGoals 🍃🔆








Credit: [Image: Enfinity]


Vibrant Vows: Vattenfall Seals Solar Success With German PPA Pact!

☀️🔌 Powering Progress: Vattenfall and Wieland Group Spark Solar Revolution in Germany! 🔆💼

In a monumental move towards sustainability, Vattenfall has forged a dynamic power purchase agreement (PPA) with renowned copper supplier Wieland Group. This transformative 10-year pact not only ensures investment security and price stability but also heralds a new era of risk diversification for both industry titans.

Set against the backdrop of Germany’s renewable energy landscape, the PPA heralds the dawn of a fossil-free future. Commencing in 2025, the agreement will channel the clean, renewable electricity generated by a 46MW solar farm in Nauen, Brandenburg, directly into Wieland’s metalworking processes.

Nestled approximately 40 km west of Berlin, the solar park is poised to become a beacon of sustainability in the region. Currently under development, it’s slated for completion and grid connection by 2025, promising a steady stream of around 46 gigawatt-hours of clean energy annually.

Through this groundbreaking partnership, Wieland-Werke is set to revolutionize its energy footprint, covering approximately 10% of its electricity needs in Germany with renewable energy. This not only underscores their commitment to environmental responsibility but also positions them as leaders in sustainable business practices.

As the world marches towards a greener future, collaborations like these serve as shining examples of the power of innovation and cooperation. Together, Vattenfall and Wieland Group are blazing a trail towards a brighter, more sustainable tomorrow, one watt at a time. ⚡🌍 #RenewableEnergy #SolarPower #Sustainability #PartnershipGoals #CleanEnergyFuture #Innovation #EnvironmentalResponsibility 🌟








Credits: [Image: Vattenfall]


Powering Progress: Better Energy Strikes Solar Gold With Danish Offtake Deal!

🌞🍃 Powering Progress: Better Energy Teams Up with Fujifilm Diosynth Biotechnologies for Danish Solar Milestone! 🌍💡

In a groundbreaking move towards sustainability, Better Energy has sealed a game-changing 10-year power purchase agreement (PPA) with Fujifilm Diosynth Biotechnologies. This landmark deal entails supplying 40GWh of clean, renewable energy annually, kickstarting in July 2025.

The agreement marks a pivotal step in Fujifilm Diosynth Biotechnologies’ commitment to environmental stewardship. By covering the entirety of electricity consumption at their Hillerod biopharmaceutical manufacturing site, including upcoming operations slated for 2024, they’re taking a bold stride towards a greener future.

Nestled near Vedde in the Soro municipality, just 80 km from Hillerod, the forthcoming solar park boasts an impressive capacity of 107MW. This strategic location promises abundant solar energy to fuel the ambitions of both Better Energy and Fujifilm Diosynth Biotechnologies.

Mikkel Thorup, senior director of PPAs at Better Energy, expressed his enthusiasm, stating: “We’ve formed a significant understanding with Fujifilm Diosynth Biotechnologies regarding their commitment to the green transition by powering their global manufacturing facility in Denmark with renewable energy. Not only have they contributed to a new large-scale solar park, but they are striving to reduce their environmental impact and move toward achieving their sustainability targets over the next decade.”

This collaboration is more than just a business deal; it’s a testament to the power of collective action in driving meaningful change. Together, Better Energy and Fujifilm Diosynth Biotechnologies are blazing a trail towards a brighter, more sustainable future for Denmark and beyond. ☀️🌱 #RenewableEnergy #Sustainability #SolarPower #GreenTransition #PartnershipGoals #CleanEnergyFuture #Innovation #EnvironmentalStewardship 🌟







Credit: [Image: Better Energy]


Shining Bright: Goldbeck Unleashes 61MW Solar Power Gem In Canada!

🌞 Breaking News! Goldbeck Solar Investment shines bright as it sells off 61MW Joffre solar park in Alberta, Canada, to Concord Green Energy! 🍁 #SolarPower #RenewableEnergy #GreenFuture

In a strategic move, Goldbeck, alongside Pathfinder Clean Energy (PACE), seals the deal, marking a milestone in Canada’s renewable energy landscape. 🌱 #CleanEnergy #Sustainability

🔋 With a robust pipeline of projects in Canada, including solar and energy storage, this joint venture is poised to revolutionize the energy sector. #Innovation #FutureTech

Since its inception in December 2023, the Joffre solar plant has been a beacon of sustainability, thanks to Goldbeck Solar North America’s exceptional craftsmanship. 🏗️ #SolarEnergy #PoweringTheFuture

🌎 Concord Green Energy, a pioneer in renewable energy, now adds another feather to its cap, furthering its commitment to a greener tomorrow. #ConcordGreenEnergy #ClimateAction

👏 Boris Beltermann, COO of Goldbeck Solar Investment, expresses delight at the sale, emphasizing shared goals of environmental stewardship and sustainable development. #EnvironmentalStewardship #GreenSolutions

Let’s applaud this monumental step towards a cleaner, greener future! 🎉 #ClimateChange #GoGreen







Credit: [Image: Goldbeck Solar Investment ]


Exciting Outcomes Unveiled: Gresham House’s Auction Success Story!

Energizing Success: Gresham House Leads the Charge in the 2023 Capacity Market Auction!🌟

In an electrifying update, the Gresham House Energy Storage Fund, the UK’s premier fund dedicated to investing in utility-scale battery energy storage systems, has just announced its triumph in the 2023 Capacity Market (CM) auction. This significant event concluded on February 20, 2024, with results that spark excitement, clearing at an unexpectedly high £35.79/kW. 🚀

With a strategic win, Gresham House has secured one-year extensions for 13 of its cutting-edge projects, boasting a combined derated capacity of 90.491MW. This achievement isn’t just a number; it’s a milestone that forecasts an additional revenue stream of £3.2 million from October 2024 to September 2025. 💰

But there’s more to this victory than meets the eye. In the intricate world of asset valuation, CM revenues hold a special place. Only those contracts in hand at the valuation date count, making these new contracts a lucrative bonus over existing revenue projections and a boost to the Net Asset Value (NAV). The anticipation builds as the NAV benefit from these contracts will be officially recognized on March 31, 2024. 📈

Gresham House Energy Storage Fund manager, Ben Guest, shares his enthusiasm, “We are thrilled with the outcomes of the latest annual Capacity Market auction and the positive impact we anticipate on our NAV from March 31, 2024.” His words resonate with confidence and a vision for the future. 🌱

Ben highlights the incredible versatility of battery energy storage systems (BESS), capable of adapting swiftly through software adjustments to tap into diverse revenue opportunities—ranging from secured contracts like the CM auction results to dynamic merchant or trading revenues—all without the need for physical alterations. 🌍

As we celebrate these achievements, we’re reminded of the power of innovation and flexibility in shaping a sustainable future. Gresham House Energy Storage Fund is not just storing energy; it’s powering potential, proving that with the right strategy, the future of energy storage is bright and boundless. ⚡

#GreshamHouse #EnergyStorage #CapacityMarket #SustainableInvesting #RenewableEnergy #BatteryStorage #UtilityScale #Innovation #FutureOfEnergy







Credit: [Image: Gresham House]