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 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.
Job creation, food production and self-sufficiency are objectives that SUNfarming has set itself to combat the causes of migration and flight.
Peter Schrum, founder and principal shareholder of the SUNfarming Group, visited various African countries during his trip abroad in February. The agenda included Namibia, Zambia, South Africa, Tanzania and Mauritius. Together with presidents, ministers and stakeholders, the potential of the Food & Energy projects was discussed for job creation, self-sufficiency in regionally grown food and solar energy production. Talks were also held with representatives from Ethiopia and Senegal and project-preparatory steps were initiated.
Peter Schrum:“Global warming is increasing, which has a devastating effect especially in already arid and drought affected areas in Africa. The result are major refugees flows, our aim is to create help for self-help for the people in their home countries. Our agro-solar greenhouses can produce food even in arid areas with water savings of up to 90%. The solar modules installed on the roof of the greenhouses produce electricity that can be used in the communities. It will create up to 1000 new jobs, including 500 franchise partner, in 10 years per MW/2ha”.
Our title photo shows Peter Schrum with the President of Mauritius Mrs. Ameenah Gurib-Fakim and members of SUNfarming in the government building in Port Louis.
SUNfarming GmbH has initiated an energy cluster in Poland, which was founded in early 2018.
The mayor of Slublice, Tomasz Ciszewicz, has signed the first contracts for the establishment of so-called energy clusters for the municipalities of Slublice. With the founding of the cluster, PV plants and biogas plants with a total output of 15 megawatts can be planned for the region’s own supply in the five partner municipalities. The energy cluster coordination will be carried out by the joint venture partner of SUNfarming, LEMA Finance sp.z.o.o.
About energy cluster
The simultaneous production of solar energy and biogas energy creates regional energy islands that are independent of the grid and at the same time can feed energy surpluses into the upstream grid.
Another advantage of starting a cluster is the co-ordination of electricity generation, distribution and trade, supply and demand for electricity and gas.
“Our plan is for our residents to benefit from renewable energy thanks to the cluster, which reduces CO2 as well as other types of pollution such as dust, dioxide, sulfur, oxidants, pollution directly and indirectly affecting our health,” says Tomasz Ciszewicz, mayor of Słubice.
“We are pleased to have been able to win the Slubice Municipality for the Energy Cluster with us and our partners, especially as our Polish representative office with SUNfarming Polska sp.z.o.o. Also located in Slubice, just 80km or 1 hour from the headquarter near Berlin, “says Martin Tauschke, Managing Director of SUNfarming GmbH and SUNfarming Polska sp.z.o.o. firmly. “We are already planning other energy clusters, which are particularly supported by the policy in Warsaw,” continues Martin Tauschke.
More than 11 million kilowatt hours of electricity are produced by the two solar parks with a total capacity of 6.64 megawatts a year. The Co2 savings are around 8,300 tonnes annually.
3,358 kWp were completed in the Aegean province of Denizli and 3,279 kWp in the Anatolian province of Kayseri. The major projects were implemented by SUNfarming Eurasia. Commissioning took place in December 2017.
Denizli has about 1 million inhabitants. The province is located about 200 km from the Turkish Aegean coast and is known for its healing waters and thermal baths. The economy of the region consists mainly of the textile industry and winegrowing. The project was developed by the SUNfarming Eurasia team, the property with 69.100m2 is the property of SUNfarming Eurasia.
Kayseri is located about 280 km south-east of the capital Ankara and has about 1.2 million inhabitants.
Develi, a suburb of Kayseri, has about 60,000 inhabitants and lies behind the Erciyes Mountains. The land was leased to 30 years, with a 10-year extension option.
With solar radiation of around 1,600 kWh / kWp in Kayseri and 1,660 kWh / kWp in Denizli, both regions offer the best solar yield for the production of renewable energy and make a global contribution to climate protection.
We are very excited!
Our project “SUNfarming Food & Energy” was selected by an independent jury of experts among the TOP 3 finalists in the category Sustainable Development.
Since its founding in 2008, the GreenTec Awards have become the world’s most important environmental award. Together with more than 120 partners, they offer large and small companies the international stage to present the best projects for environmental protection.
SUNfarming Food & Energy:
Agro-solar greenhouses provide sustainable food, energy, jobs, education
SUNfarming´s unique technology makes it possible to produce economically attractive and resource-efficient food and energy at the same place. The project is providing knowledge transfer in train-the-trainer programmes for students and skills development for people from local communities.
15 agro-solar green-houses have been installed on the campus of the NWU University in South Africa. A team of experts from North-West University and SUNfarming is responsible for the running and training of agro-solar technologies and the research purposes to identify the right crops. The generated solar power is used directly by the university.
Learn more about “SUNfarming Food & Energy”
All finalists can be found online
The first Food & Energy Training Centre in South Africa is a partnership project:
Operating project partner: North-West University Potchefstroom
Co-financing project partner: KFW DEG (Deutsche Investitions- und Entwicklungsgesellschaft mbH)
Coordinator of the project: ALENSYS (Alternative Energiesysteme AG)