aream Press release

The PowerOneForOne Foundation is broadening the scope of its international aid work. Having supplied solar power to schools, children’s villages and medical facilities in remote regions around the world for many years, the foundation – established by the aream Group – is now turning its attention to a new priority: battery storage. On the one hand, this serves to ensure the continuity of the aid provided so far; on the other, it also reflects a trend across the entire renewable energy sector. In many countries, access to electricity is generally available – but it is often unreliable. Voltage fluctuations and power cuts pose a particular threat to educational institutions and health centres. This is precisely where storage systems come in: they ensure that energy is available when it is really needed.

Given the fluctuations in green electricity generation, the future lies in combining solar power with battery storage. aream is therefore focusing on hybrid solutions: “They improve cost-effectiveness, stabilise the electricity grid and secure revenue despite volatile electricity prices”, says Patrick Lemcke-Braselmann, CEO of the aream Group.

Political rhetoric surrounding the expansion of renewable energy has intensified in many quarters. “The data, however, tells a different story, as the expansion of clean energy is investment-driven, global and increasingly self-reinforcing”, comments Patrick Lemcke-Braselmann, CEO of the aream Group. This is clearly demonstrated by the new report from the IEA.

The aream Group has launched a European investment fund in the renewable energy sector with an integrated investment strategy: The Clean Energy Future Fund II (CEFF II) pursues an investment strategy that combines renewable electricity generation with storage solutions in order to improve the utilisation of grid connections, which are in short supply on the market. At the same time, greater emphasis is placed on electricity marketing. “With this hybrid approach, we are leveraging the changes and increased volatility in the European electricity markets for the benefit of our investors”, says Markus W. Voigt, Executive Chairman of the aream Group.