Germany has outlined ambitious goals to reduce reliance on fossil fuels to combat the global energy crisis and reduce carbon emissions. Germany is aiming for 40-45% of its total energy production to come from renewable sources by 2025 and rise to 80% by 2050. The Rhine-Main area which consists of the most important metropolitan areas in Germany such as Frankfurt, Wiesbaden, Mainz, and Darmstadt plays a huge role in helping the nation achieve such goals. Within these regions, individual targets have also been set. Frankfurt for example was one of the first German cities to plan a 100% renewable energy supply roadmap which was powered by the Fraunhofer institute. Therefore, it is no surprise that several key solar energy investors have targeted this region to gain a foothold in the German solar market. This article is based on our top 50 list of renewable energy investors from Germany.
1) Mainova AG – Energy provider and renewable energy investor based in Frankfurt
Mainova is a leading energy provider and boasts an impressive renewable energy portfolio with numerous large-scale solar investments. Their portfolio also contains wind and biomass/bio-methane assets. In September 2022, the group announced its PPA with Messe Frankfurt to provide green electricity to the trade center. Mainova will use the energy produced by their 175MW Boitzenburger solar park to supply energy to the trade center, which has been developed by GP Joule.
2) SolarKapital GmbH – Solar investor based in Frankfurt
SolarKapital is an investment group that focuses on equity investments of up to €5m and targets the entire solar development chain such as engineering, cell and module production, and monitoring systems. Their solar portfolio consists of 30 plants with projects located across Greece, Germany, and France.
3) Clearvise AG – Renewable energy investor based in Wiesbaden
Since its foundation in 2010, Clearvise has developed a portfolio consisting of 303MW of wind and solar assets located across four countries. The Wiesbaden-based group worked in cooperation with GP Joule, Terravent, and Steinbock to produce a 90MW solar park located in Brandenburg. The project represents a cornerstone to achieve their clearSCALE 2025 growth initiative for their portfolio to reach 1GW of wind and solar energy by 2025.
Image Source: Andreas Gucklhorn via Unsplash (03.02.2023)