As one of the first countries to ever deploy grid-scale PV, Germany was also one of the first countries to reach 1GW of total installed PV capacity in the year 2004. Since then, solar energy in Germany has been growing significantly. Reasons for the growth could be the German Renewable Energy Sources Act that introduced feed-in tariffs for renewable energy, and declining costs for photovoltaic. The following three German companies own large PV portfolios. This article is based on our top 50 list of renewable energy investors from Germany.
Hamburg-based Aquila Capital is considered a leading investment manager in clean energy since it manages a total of over €12.5 billion for its investors. Founded in 2001, the company specializes in sustainable investments which includes renewable energy, infrastructure, green logistics, agriculture and real estate. Aquila Capital’s portfolio comprises 223 PV parks and a total of 7,785 MWp installed and development capacity.
Luxcara is a Hamburg-based independent asset manager that focuses on the wind energy and PV sector. With the first investments being into solar parks and onshore wind farms in Germany, the company‘s portfolio now includes projects in France, Sweden, Finland, Italy and Spain. In total, Luxcara has a portfolio with a capacity of around 3GW of renewable energy and an investment volume of over €3 billion.
Hamburg-based Encavis is a leading independent power producer. The firm was created by a merger of Capital Stage AG and CHOROS Clean Energy AG in 2017 and focuses on the acquisition and management of solar parks and onshore wind parks in Europe. It owns a portfolio of 3,345.92MW renewable capacity in Europe and 1,085.58MW in Germany alone, with solar parks reaching a capacity of 2,091.51MW in Europe and 403.13MW in Germany.
Image: Andreas Gücklhorn via Unsplash (09.08.2022)