aream Press release
Press
The debate about loss-making solar and wind farms paints a distorted picture of an industry in transition. Rising interest rates, falling electricity prices and higher project costs have increased the pressure on developers and investors. However, it would be far too simplistic to conclude that renewable energy projects are no longer profitable. Project development in photovoltaics, wind and battery storage remains a viable and profitable business model – but only for those who implement their projects with strategic discipline, robust calculations and a clear understanding of market cycles. – A commentary by Markus Voigt, CEO of aream Group SE.
The current debate surrounding new guidelines from the Federal Ministry for Economic Affairs and Energy for the expansion of renewable energies shows how conditions for project developers and investors could change. Regulatory measures as part of a grid package and additional requirements are intended to slow down expansion and adapt it to the sluggish expansion of the grid. At the same time, new opportunities are emerging. “The hybridisation of existing energy projects is a key approach to implementing economically viable solutions under these conditions“, says Patrick Lemcke-Braselmann, Co-CEO of aream Group SE.
aream Group SE is growing rapidly and is expanding its management structure accordingly: René Kautz, previously Managing Director at aream GmbH, is joining the company's management with immediate effect and has been appointed Managing Director and Chief Commercial Officer (CCO) of aream Group SE. This move enables the aream Group to take advantage of new market opportunities and further advance its position as a leading project developer and asset manager with a focus on sustainable infrastructure.
The European energy market has started the new year with sharp fluctuations. Electricity exchanges once again experienced high volatility in January, partly due to exceptional weather conditions that affected renewable energy generation in many regions of Europe. “Low wind speeds, extreme regional weather events and below-average irradiation values posed operational challenges“, says Patrick Lemcke-Braselmann, Co-CEO of the aream Group. “At the same time, it is clear that professional asset management and hybrid portfolios pay off even under difficult conditions.“
PRESS CONTACT:
Leandra Kiebach
T: (0) 211 - 30 20 60 4-2
E: lk@aream.de