An amount of EUR 5.0 million of the proceeds from the issue is intended for the optimisation of the debt capital structure. The further proceeds from the issue shall be used to finance the company’s own project business, in particular the project costs for the development and construction of PV systems for capital investors, commercial enterprises or project companies of the Schrum-Tauschke cooperation group, which, in the broadest sense, also includes SUNfarming GmbH, and to finance the former’s project business. A further amount equal to the interest payments for one year shall be deposited in a trust account to secure the investors’ interest payment claims. Read more
The interest in our products and projects was as big as every year and our SUNfarmer have held many concrete discussions with local and international partners from Europe, Africa and Latin America in order to create projects and to further develop current projects. In addition, contacts with suppliers and banks as well as international financial institutions were expanded. Among others, DKB (Deutsche Credit Bank AG) and GLS (Community Bank EC), as well as the international banks FMO (Dutch Development Bank) and the World Bank subsidiary IFC visited our stand to look at the development of relations in the financing of German and International projects.
Franz Alt, a multi-award-winning journalist and author, was also a welcome guest at our booth. Many years of political commitment to the “Solar World Revolution” combine Franz Alt and Peter Schrum, SUNfarming founder and honorary president of the BRM (Federal Association for Regenerative Mobility e.v.).
A delegation of the Ministry of Energy of the Dominican Republic under the direction of Clemens Findeisen, GIZ project manager to promote the energy turnaround to achieve the climate goals in the Dominican Republic, informed himself in a conversation with Peter Schrum about The outstanding development policy possibilities of our product “SUNfarming Food & Energy”. The mayor of Hanoi and his economic delegation also showed great interest in this product.
“The SUNfarming has adapted its business model for Germany to the EEG 2017. We have been developing and building successfully 750kWp systems since the end of last year and will continue this 2018 with a volume of approx. 20MW. The already existing business model of own-power plants for trade and municipalities will also be further expanded in 2018, explains Martin Hinneburg, purchasing and sales service.
“We are very pleased with the Fair days! In addition to the existing customer care, we were able to establish many new contacts, which will be very helpful on the way to internationalization of the project business. We will be on Intersolar again next year, “said Martin Tauschke, SUNfarming co-founder and managing director.
At the beginning of the new financial year 2018, SUNfarming GmbH had reached a new record order backlog of EUR 24.5 million, which is an increase of 180 % in comparison to the same date in the preceding year. The objective for the next years is to enhance the revenue and the operating result. Therefore, the proceeds from a bond issue are intended to be used foremost for the realisation of new photovoltaic power plants in Germany and abroad as well as to optimise the debt capital structure.
For this purpose, the management has instructed BankM – Representative Office of FinTech Group Bank AG to organise a management roadshow. A potential securities prospectus would be published at www.sunfarming.de. “With the possible corporate bond we would like to optimise our financing options further and put our growth in Germany and abroad on a solid base,” explains Martin Tauschke, the Managing Director of SUNfarming GmbH.
Since its incorporation in 2004, SUNfarming GmbH has covered the full EPC value chain (engineering, procurement, construction) – from planning and development to financing and construction to monitoring and servicing of solar parks. The company has a long-standing customer base of capital investors, local authorities, users of commercial and private in-house electricity generation systems as well as property-holding sister companies belonging to the Schrum-Tauschke cooperation group.
The international team of experienced commercial staff, engineers and technicians has successfully installed a capacity of over 500 MWp. In addition SUNfarming provides technical operation for over 280 MWp in Germany and abroad to third party companies. The group track record is characterised by stable income from these activities and its EPC core business.
For more information, please contact:
Frank Ostermair, Linh Chung
Better Orange IR & HV AG
SUNfarming will once again be represented at the world’s leading trade fair for the solar industry this year. Visit us in Hall A3, Stand A3.490 and learn more about our latest projects and our commitment worldwide.
For ecological reasons, we have decided to waive postal invitations in the future. For visitors of our stand: You are hereby cordially invited to report to Mrs. Anja Wölfling and to arrange an appointment. We will gladly send you an entrance ticket for the visit of the fair:
+49 (0)3362 8859 166
We would like to talk to you about the following topics:
SUNfarming as project-developer and invest-controller for capital investors and banks
We have already successfully realized projects for more than 500 MW of capacity, 115 MW as own PV investments.
280 MW in service and maintenance
7% more yield on all SUNfarming plants (average yield compared to yield reports audited by ING.-Büro JERA)
SUNfarming solar energy for municipalities and commercials
0 % investment costs
10 % electricity cost savings (minimum) in the first 10 years (SF own electricity concept)
100 % CO2 savings
SUNfarming Food & Energy Projects
Based on our own development, the unique SUNfarming agro-solar greenhouses deliver education + jobs + food production + energy security where they are currently needed.
Last year we won the Intersolar Award in the category Outstanding Solar Projects with our unique project “SUNfarming Food & Energy Training Project”.
This year, Food & Energy was vote as one of the TOP3 finalists for the GreenTec Award 2018 by an independent jury. Experience our project live!
We present project from Turkey, Poland and Africa
SUNfarming Solar-Training-Centres in Peru and South Africa
More than 1000Trainees until 2017 in South Africa, 40 trainees in Peru since project start in 2015
Our commitment does not end with support.
We speak your language: German, English, Turkish, Spanish
We are looking forward to your visit.
Your SUNfarming Team
The GREENTEC Awards, the Oskar for ecological inventions, was awarded on Sunday evening in Munich for the eleventh time as part of a glamorous gala. The world’s best projects have been awarded in a total of twelve categories, which are committed to protecting the environment and resources and making a sustainable lifestyle suitable for everyday life. The winners were previously chosen by a 75-member jury, consisting of independent representatives from business, science, politics and the media, in a secret ballot.
The GREENTEC award is one of the most prestigious environmental awards worldwide. More than 1,000 guests from business, science, politics and showbiz participated in the gala, including Federal Transport Minister Andreas Scheuer, Chairman of the Management Board of Messe München Klaus Dittrich, VDA President Bernhard Mattes, Formula 1 World Champion Nico Rosberg, Toyota Germany’s Chief Executive Alain Uyttenhoven, Chairman of the Board of TÜV Nord Group Dr. Dirk Stenkamp, Jack Wolfskin Chairman Edgar Rosenberger and Guest of Honor Dr. Auma Obama.
Dr Obama has received the IFAT Special prize for Environmental Leadership, saying in her speech that this prize would motivate her to continue, because he shows that her commitment is being seen.
We would like to follow these words.
SUNfarming Eurasia has realized solar parks with a total capacity of 3,308 kWp in the Niğde-Gölçük and Osmaniye-Yaveriye provinces.
5.5 million kilowatt hours of electricity are produced per year, which ranges for example electricity for 1,800 2-person households for one year. The CO2 savings is 4,000 tons annually.
The potential for solar energy in Turkey is huge. The country has up to 2,737 hours of sunshine a year, or 7.5 hours a day. This is the highest solar potential in Europe. The Turkish government wants to increase the share of solar energy to 5 gigawatts by 2023 and cover 30 percent of the total energy demand from renewable sources. This move is intended to make the country less dependent on expensive energy imports, which account for about half of the Turkish trade deficit. At the same time, however, the country is also heavily relying on coal and natural gas for power generation.
The two new SUNfarming solar parks in the Niğde-Gölçük and Osmaniye-Yaveriye regions, with solar radiation of around 1,600 kWh / kWp to 1,660 kWh / kWp, offer the best solar yield for the production of renewable energy, thus contributing to global climate protection.
“SUNfarming combines global expertise with local know-how. Our international commitment to meeting the world’s electricity needs is environmentally and socially acceptable, clean and sustainable, and secures the future of our children. We have been making an international commitment to this for years,” explains Sahin Balkan, CEO SUNfarming Eurasia.