German photo voltaic developer and EPC contractor juwi is becoming a member of forces with wind venture developer Windwärts Energie.
The businesses, each owned by German regional utility MVV Energie, have merged below the title JUWI as they plan to increase renewables deployment in Germany and choose markets in different international locations.
The change within the firm’s organisation from juwi AG (a joint-stock firm) to JUWI GmbH (a non-public restricted firm) has now been accomplished.
In line with a press launch, the merger will mix technical know-how with product growth and operations expertise.
“On account of the EU Inexperienced Deal and the brand new local weather neutrality targets set by politicians in Germany and lots of key worldwide markets, the circumstances for renewable energies have additional improved over the previous few months,” mentioned Carsten Bovenschen, chairman of the board at JUWI.
Having put in round 1,850 photo voltaic PV initiatives with a complete capability of about 3,250MW, JUWI’s PV presence spans markets such because the US, Australia, Italy and Japan, amongst others.
The corporate secured a deal final 12 months to assemble a photo voltaic hybrid venture at an off-grid gold mine in Egypt that can embody a 36MW PV plant related to a 7.5MW battery storage system.
