SOWITEC GROUP GMBH EQS-News: SOWITEC group reaches next project milestones in various South American countries
Transparency directive : regulatory news
24/04/2023 10:00
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EQS-News: SoWiTec group GmbH
/ Key word(s): Miscellaneous
SOWITEC group reaches next project milestones in various South American countries
24.04.2023 / 10:00 CET/CEST
The issuer is solely responsible for the content of this announcement.
SOWITEC group reaches next project milestones in various South American countries
Sonnenbühl, 24 April 2023 – SOWITEC group (SOWITEC), one of the leading developers of renewable energy projects in the wind and solar sectors, is consistently pushing ahead with the development of its solar projects in South America. The company was able to secure the grid connection in Colombia for three solar projects with a total capacity of 426 MW, which are expected to be commissioned in 2025 and 2026. In addition, SOWITEC received the grid connection commitment for a solar project with a capacity of 694 MW in Brazil. There, the start of operations is scheduled for September 2026.
SOWITEC has been present in Brazil since 2002 with a branch office in Salvador da Bahia and in Colombia since 2012 with a branch office in Barranquilla. The current pipeline of wind and solar projects is 16,770 MW in Brazil and 1,400 MW in Colombia.
Frank Hummel, CEO of SOWITEC group GmbH: “Parallel to pushing our activities in Germany, we are also implementing our projects in South America consistently and according to plan. As one of the leading project developers in both Brazil and Colombia, we can act there from a position of strength to fully exploit the excellent market potential. We expect further growth in these highly attractive markets in the coming years.”
About SOWITEC:
As one of the leading global project developers for renewable energies, SOWITEC is active in 13 countries with a focus on the rapidly growing emerging and developing countries. With more than 140 employees, SOWITEC covers all areas of solar and wind power project development: from planning and design, yield and profitability calculations, construction support, sales and financing to technical and commercial management of wind and solar parks. More than 60 wind and solar projects developed by SOWITEC with almost 3,000 MW are currently in operation in eight countries.
www.sowitec.com
Contact:
Frank Ostermair, Linh Chung
Better Orange IR & HV AG
089/8896906-25
linh.chung@better-orange.de
24.04.2023 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
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| Language: |
English |
| Company: |
SoWiTec group GmbH |
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Löherstraße 24 |
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72820 Sonnenbühl |
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Germany |
| Phone: |
+49 (0) 7128 3808-0 |
| Fax: |
+49 (0) 7128 3808-38 |
| E-mail: |
info@sowitec.com |
| Internet: |
www.sowitec.com |
| ISIN: |
DE000A2NBZ21, DE000A30V6L2 |
| WKN: |
A2NBZ2 , A30V6L |
| Listed: |
Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt, Hamburg, Munich, Stuttgart, Tradegate Exchange |
| EQS News ID: |
1614055 |
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| End of News |
EQS News Service |
1614055 24.04.2023 CET/CEST
