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juwi Group – Market Entry in the UK

Source: 11/18/2010, Location: Europe

juwi, one of the leading project developers for renewable energies, enters the UK market and further intensifies its constantly growing international business activities. The subsidiary “juwi Renewable Energies Ltd” establishes an office in Birmingham, the second largest city in the UK. In 2011 and 2012, the company will realize solar power plants with the capacity of more than 60 megawatts.

juwi will establish solar power projects in the United Kingdom (UK), predominantly in the South of the country. The company is going to develop photovoltaic projects mainly self dependent, covering the entire process - from acquisition of suitable land to the completion of the power plant. In addition, the energy specialist will realise turnkey projects in which the company acts as the general contractor for the design, engineering and construction of free field and rooftop solar installations.

"The UK currently provides excellent conditions for the solar industry; the country is becoming an attractive European market. We are happy that the United Kingdom jumps on the bandwagon on the way to renewable energies and a comprehensive restructuring of the energy supply. We want to contribute to a further acceleration of this train so that we reach 100 % renewable energies as soon as possible”, says Lars Falck, managing director juwi Solar and at the moment managing director of juwi UK. The management will be taken over by a British candidate within the next months.

With the implementation of a national feed-in tariff, the British government has provided an excellent basis to achieve its climate protection targets. Solar energy shall contribute to two percent to the national electricity supply by 2020, equating to 6,000 megawatt. Based on the promising conditions in the UK and juwi’s rich expertise in developing and implementing renewable energy projects worldwide "juwi Renewable Energies Ltd" expects strong growth already within the next two years. “If the conditions remain that positive, we will create a large number of sustainable jobs in the UK. At the moment, we plan to hire approximately 60 people until the end of 2012”, says Daniel Parsons, Business Development Manager juwi Solar. “The feed-in tariff will contribute to a large extent to a security of energy supplies in the UK based on renewable energies”, says Amiram Roth-Deblon, Head of Business Development juwi Solar.

The foundation of a subsidiary in the UK is not the first international market entry in 2010. This year the project developer already has entered into the promising solar markets of Slovakia, Bulgaria and India.

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Related Categories: Biomass Energy  General  Geothermal Energy  Hydropower  Photovoltaic Solar Energy  Solar thermal Energy  Wind Energy 

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