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Deutsche Werte Holding: Photovoltaics as a relevant factor in the electricity mix of the future

DWH AG, am Sep 21, 2019 4:53:20 PM

DWH board member René Pernull reaffirms recent investment in Maximus Terra in the context of energy system transformation

Deutsche Werte Holding is strengthening its commitment to the renewable energy sector. To this end, the Berlin investment experts are currently preparing extensive strategy reviews for their clients, which serve as a basis for targeted equity investments in the European energy sector. "The focus of the adjustment lies thereby clearly on renewable energies such as the Photovoltaik, since these will be essential for the conversion of energy to the new direction for the implementation", explains DWH executive committee René Pernull. In Germany alone, the phase-out of nuclear and coal energy will create a supply gap of several hundred gigawatts if there is no timely investment in alternatives. "Currently, fossil fuels account for around 50 percent of local supply capacities. For us, it is therefore a matter of pointing out investment opportunities not only in Germany, but throughout Europe. These are promising technologies on the one hand, but also very concrete projects such as our participation in Maximus Terra Holding, which is driving the construction of photovoltaic parks in Southern Europe.

Profit from the energy revolution with sustainable investments

With the Grand Coalition's decision to phase out nuclear and coal energy in 2022 and 2038, the energy turnaround will have an official deadline. However, the expansion of wind power, solar power and biogas plants is currently far from meeting these targets. In addition, there are repeated reports of difficulties in implementing wind power projects in which local inhabitants block the construction projects and express their concerns.

Experts from the Fraunhofer Institute for Solar Energy Systems ISE therefore attach a central role to photovoltaics in overcoming the fossil-nuclear age. However, the expansion of the solar infrastructure is lagging far behind the targets set by the German government. The researchers therefore assume that an increase in photovoltaic output of up to 500 gigawatts would be necessary in Germany alone for a sufficient energy supply until 2050. "These figures illustrate the magnitudes we are talking about here. Too few plants are currently being built to meet the European targets by the end of the transformation phase," says Pernull. "For this reason, politicians must provide targeted incentives to increase the share of renewable energies in the energy mix.

European energy market holds great potential

However, since the installation costs for solar power have risen significantly in recent years, investors are currently faced with the question of the profitability of investments in renewable energies. However, studies show that countries such as Germany, France, Italy and Spain have the greatest economic potential for lucrative investments. The decisive factor will be a healthy mix, with larger PV parks as the first pillar. In addition, agrophotovoltaics, roof systems and solar modules integrated into buildings and vehicles could make an important contribution. "The energy turnaround offers numerous opportunities - for investors as well as for private households and companies. However, financially strong players are needed to create significant capacities and reduce CO² emissions in the long term. With our investments and the expertise we have built up, we represent this urgently needed bridge between investors and technology providers".

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