Info
Info
News Article

F&S Solar Develops UK Project And Opens UK Branch

News

As a location for solar development Germany's success also means it has lost part of its attractiveness as financial returns are not as high. Due to this most successful solar companies are entering the international market beyond their domestic beginnings. Georg Schmiedel, CEO of "F&S solar" with its headquarters in Euskirchen, near Cologne, realized this local development at an early stage and began planning for growth that continues with new developments.

"It was predictable that the high feed-in tariff for solar current could not be implemented on a longterm basis", Schmiedel says.

 For this reason he and his CEO companions Jörg Fruehauf and Uwe Czypiorski began looking for attractive markets to begin the international development of the company.

In addition to 25 projects which are being developed in the Netherlands, the solar developer  from North Rhine-Westfalia is now building its first solar installation in the UK at Caddington, in Bedfordshire.

"We just built up the English market within only six months " says Schmiedel whose company now has established a further branch "F&S solar UK" in London.  "International clients still trust in German technicians."

"The remuneration system in England is a bit more complicated, but the fact is that there is a feed-in tariff" reports Martin Wagner, Head of International Project Management at F&S solar.

For PV installations of up to five megawatts one currently gets a feed-in tariff of 6.38 cents plus a Power Purchase Agreement, which means that one could count on 13 to 14 cents per kilowatt-hour. The solar farm in Caddington will have a performance of 4.8 megawatts. This means that 13,000 solar panels will be mounted on a surface of approximately 60 hectares. 1,275 households can be supplied with clean power. At the same time more than 3,000 tons of carbon dioxide can be saved in comparison to the traditional power generation from coal, thus protecting the environment and the climate. The total investment for this PV installation amounts to 6.7 Million euros.

"The financing is already secured" says Martin Wagner. "The demand from investors is tremendous and can hardly be satisfied at the moment."

Despite the fact that the energy turnaround has been taken its positive dynamism in Germany, Martin Wagner is sure that the real worldwide solar boom is yet to come.

 "Some sunny countries still burn crude oil to produce electricity, without using the heat which is generated, he said. "Therefore, the construction of solar parks in these countries would be very lucrative and would result in direct earnings."

"Ddiesel engines currently produce electric energy of 40 gigawatts worldwide. Connecting it with solar energy could massively reduce energy costs" says Uwe Czypiorski.

 Small island countries like Indonesia with about 11,000 small islands, for example are ideally suited for a decentralized energy production.

Solar energy in Germany is still far from being a dead market and the company maintains it presence. Georg Schmiedel is convinced that solar energy will become unbeatable "no later than the costs for solar energy will have reached the lower prices for conventional coal- or gas power "“ which will definitely happen ".

Erik Bakker (left), CEO of F&S solar UK, and Uwe Czypiorski (right), CTO of F&S sola", on the solar park location in Caddington.

NextEnergy Capital Acquires Its First Asset In Portugal 17.4MWp Solar PV Project
Power Roll Trials Solar PV To Power Up Himalayan Villages
Low Carbon Develop UK’s Largest Community-owned Solar Park
TLT Advises Santander On 30MW Flagship Battery Storage Project
FIMER Powers UK Largest Rooftop Solar Project
SOLARWATT Links With Easy Roof To Provide Building-integrated PV For Better-looking Buildings And Smart EV Charging
FRV And Harmony Energy To Develop Second UK Utility Scale Battery Project
Sharp Launches New 440W Half-cut Cell PV Panel
TLT Advises Innova Energy On £30m Refinancing Of 57 MW Solar Portfolio
Everoze Creates Skyray To Design And Engineer Great Solar PV Projects
Sonnedix Named ESG Global Solar Power Generation Sector Leader By GRESB
New Innovation Set To Change Renewable Energy Market
Tandem PV Devices Feel The Heat
Habitat Enerdy Enters Balancing Mechanism With Largest Battery
Sunstore Solar Launches WattGrid, A New Range Of Turnkey Off-grid Power Systems
UK'S Largest Battery Ready To Balance The Grid
The Smarter E South America Postponed To October 18-20, 2021
Ingenious Invests In Electric Vehicle Charging Firm
UK Green Tech Company Myenergi To Double Workforce By 2021
Greencoat Renewables Announces First Transaction In Nordic Market
Oakapple Renewable Energy Appoint Stuart Gentry To Head Business Development
Solar Power As Rental Offer Launched By Aggreko
Going Green In Lancashire – Hundreds Of Houses Installed With Solar Panels In Ground-breaking Project
Analysis Of UK Commercial Roof Space Shows Solar PV Film Can Achieve Net Zero Without Greenfield Sites
×
Search the news archive

To close this popup you can press escape or click the close icon.
Logo
×
Logo
×
Register - Step 1

You may choose to subscribe to the Smart Solar Magazine, the Smart Solar Newsletter, or both. You may also request additional information if required, before submitting your application.


Please subscribe me to:

 

You chose the industry type of "Other"

Please enter the industry that you work in:
Please enter the industry that you work in:
 
X
Info
X
Info
{taasPodcastNotification} Array
Live Event