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All articles of topic growth

SMA Altenso’s managing directors Burkhard Söhngen (left) and Enrique Garralaga Rojas.
Company anniversary

SMA Altenso celebrates ten years of renewable energy projects

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SMA Altenso’s innovative solar hybrid systems, off-grid and grid-connected battery storage systems as well as hydrogen applications promote the flexible use of renewable energies and help reduce reliance on fossil energy sources.

Appointments

Simo Hakkarainen to become Head of Utility-Scale PV at Solnet Group

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Solnet Group has appointed Simo Hakkarainen as the new Head of Utility-Scale PV to drive the growth of the company group’s solar utility business.

 Aerocompact is using fresh money to continue its internationalisation.
Financing

Trilantic Europe acquires a majority stake in Aerocompact

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Trilantic Europe has acquired 60 per cent of the shares in Aerocompact. The assembly system manufacturer wants to grow faster with fresh capital.

 Jürgen Reinert is Chairman of the Managing Board of SMA.
Jürgen Reinert from SMA

"Sensitivity to data security is becoming more important for customers"

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Outlook 2024: SMA once again achieved significant growth last year. CEO Jürgen Reinert believes the company is well positioned - also with regard to the demand for European products.

Solar facades

Sunovation now with new company headquarters in Germany

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Sunovation, the manufacturer of glass modules for solar facades, is moving into its new company headquarters in Obernburg am Main in Germany at the end of the year. This step had become necessary as part of the company's steady growth.

Schletter Group

Schletter continues to grow in Q1 of 2023

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The Schletter Group continued its trajectory of growth in the first quarter. At EUR 112.4 million, the company's revenue was around 90 percent higher than in the same period of the previous year.

Krannich Solar offers innovative products for the solar energy transition.
Wholesale

Krannich Solar on course for growth in 2022

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The specialist wholesaler is growing its business and expanding internationally. Business is also expected to develop well this year. Electricity storage units are becoming increasingly important.

Solar supply chain:

4 US solar companies announce consortium for solar modules

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Four US solar companies will form a buying consortium to purchase 6-7 GW of solar modules annually to encourage the rapid scaling of domestic solar manufacturing in the United States.

Denis de Vette, Managing Director of Van der Valk Solar Systems, in front of a well-stocked warehouse - despite a challenging supply situation in 2021.
Mounting systems:

Van der Valk are optimistic for the coming year

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In a recent communication, Dutch mounting systems manufacturer Van der Valk Solar Systems have looked back at 2021 with all its challenges. More importantly, however, the prospects for 2022 are promising:

Subsidy-free solar:

UK Infrastructure Bank helps catalyse NextEnergy Capital’s solar fund

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The UK Infrastructure Bank has made its first private sector transaction, which will help catalyse a new £500m fund with NextEnergy Capital that could double the amount of subsidy-free solar power in the UK.

Daniel Hannemann (left) and Simon Schandert (right), founders and chief executives at Tesvolt, with Johannes Meran, Chief Investment Officer of the Liechtenstein Group.
Energy storage:

Tesvolt concludes EUR 40 million funding round

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Tesvolt GmbH has concluded an approximately 40-million-euro equity capital funding round. The funds were provided by a consortium of investors led by the Liechtenstein Group – a group of companies owned by Liechtenstein’s princely family.

Wholesale:

Krannich Solar continues on its growth trajectory

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Photovoltaic wholesaler Krannich Solar announced yesterday that it is continuing to grow and in doing so establishes subsidiaries in China, Romania, Hungary, Australia and the USA.

Due to the steeply sloping and uneven terrain, the layout of the plant had to be planned flexibly, with some mounting tables installed in an east/west orientation.
Mounting systems:

Schletter Group continues to grow in Central America

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The Schletter Group continues its growth course in Central America. They have recently supplied the mounting systems for a 6-megawatt solar power plant by the project developer Advanced Energy de El Salvador.

For the African market, Tesvolt works with Cape Town-based Solarworld Africa.
Markets:

Tesvolt expands its operations on four continents

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Tesvolt has posted strong growth in the first half of 2021. International business is a key engine for growth. Over 40 per cent of Tesvolt’s turnover now comes from international sales. There are also plans to enter the North American market next year.

STI Norland solar trackers represented an accumulated power of 8.4 gigawatts worldwide.
Solar trackers:

STI Norland becomes the world’s 5th solar tracker supplier

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STI Norland, manufacturer of tracking systems, has established itself as a major supplier in Latin America, doubling its market share from 17% to 35%.