Investors

Intersolar Europe, May 15-17, 2019

Intersolar Europe is the world’s leading exhibition for the solar industry and its partners and takes place annually at the Messe München exhibition center in Munich, Germany.

The event’s exhibition and conference both focus on the areas of photovoltaics, solar thermal technologies, solar plants, as well as grid infrastructure and solutions for the integration of renewable energy. Since being founded 28 years ago, Intersolar has become the most important industry platform for manufacturers, suppliers, distributors, service providers and partners of the solar industry.

Mr. Justus Vitinius, director of DEG / Latin America, started his presentation with the following introduction: "DEG finances projects like that of SUNfarming!
Also German Ambassador Dr. Volker Pellet underscored the importance of the SUNfarming projects for the German economy and also commented on the numerous advantages for the Dominican Republic. Mrs. Pfaff, director of the AHK in the Dominican Republic, agreed and also agreed to her support.

"In a subsequent, personal conversation, in which also the Dr. Volker Pellet participated, I had the opportunity to inform Foreign Minister Vargas in more detail about our concept SUNfarming Food & Energy. The Minister was very interested and said his support, "explains Holger Schönherr, Manager Project Development for SUNfarming

Other interested interlocutors included Mrs. Florencia Vilanova de von Oehsen, the Ambassador of El Salvador and the Ambassador of the Jamaican Embassy, Mrs. Keisha Karl Witter.

Here you can find out more about SUNfarming Food & Energy

The Caribbean region is highly dependent on imported fossil fuels to generate energy, resulting in higher CO2 emissions and electricity prices of up to 0.40 USD / kWh. These prices prevent growth in many economies in the region and lead to high business costs. Another important issue in the Caribbean is food security, where up to 80% of the food consumed has been imported.

SUNfarming Agro-Solar greenhouses or as modified free-field plants and biofuels made of 100% waste oil (UCO) are combined to form a hybrid system. The same land area is used for the production of food, electricity and heat energy. Jobs will be created in agriculture and in renewable energies. At the same time it serves as a training center for students and interested locals for e.g. Electromobility, photovoltaics and combined heat and power generation and form the technological basis for capacity building, research and technology transfer.
Emissions, energy and food costs are reduced, and future generations will be informed about the benefits of the hybrid system.

The Hybrid Training Center (HTC) is scalable and a turnkey solution that can be deployed throughout the Caribbean. It shows how the production of food, electricity and heat energy can be combined and used permanently on islands where land is limited.
The Hybrid Training Center will demonstrate the conditions for developing an economic model that will contribute to the independence of the Caribbean countries in relation to fossil fuels, the environment and the environment in a model facility dedicated to the topics of SF Food & Energy and fuel efficiency management at bioltec Improving the quality of life of their inhabitants.

Some benefits for society and the environment in numbers:

- 10,000 kWh of solar energy
- 10-15 kg of tomatoes per plant
- Up to 90% water savings
- 40,000 kWh of electricity CHP
- 16,000 liters of UCO converted into biofuel
- 80,000 kWh of thermal energy CHP
- 40 t of CO2 savings
- 95% greenhouse gas savings compared to fossil diesel
- Typically 50% less toxic exhaust gases (with similar NOx)
- Training in hydroponics, PV technology, electromobility and water saving in agriculture
- Local and independent domestic food and energy production

Read some press releases for the opening (German, Spanish):

Deutsche Energie Agentur (dena). Energiewende als Unterrichtsfach: Trainingscenter auf den Bahamas

Topagrar, Pilotprojekt Gewächshaus mit Photovoltaikanlage

Erneuerbare Energien: SUNfarming baut Agrophotovoltaik-Inselanlage auf den Bahamas

pv magazine Lateinamerika (Spanisch): las Bahamas tendra un centro hibrido de fuentes de energia renovable

The SUNfarming/Alensys Solar Training Center South Africa is now in operation since more than 5 years and was realised within a PPP Public Private Partnership program supported by the German DEG/KfW. The most important partner is the North-West University in Potchefstroom.

The SUNfarming Solar Food & Energy Training Centre, already in the 3rd year of operation after completion of the Public Private Partnership, offers training opportunities for students, electricians, teachers from high schools as well as start-up companies and municipal representatives from different regions and departments in South Africa. The training centre, continuously in further expansion for more training opportunities, is in full time operation and delivers fresh vegetables to the North West University Campus, a food store in Potchefstroom (Pick&Pay) as well as several catering service companies.
All SF bio food products with grade A quality are supplied to the prime quality customer Pick&Pay, all secondary quality products are directly marketed by the local SUNfarming trainees and employees in the township locations of Potchefstroom. With this, the employees earn some extra money and thus become small entrepreneurs, partially with own employers already.

The training facility was transferred to our expert skills transfer company SUNCybernetics PTY LTD (SUNCy), under the lead of North West University doctoral student Faure van Schalkwyk. This training company is exclusively used for know-how and skills transfer in the fields of solar technology and food production, operating on a cost covering, non-profit base to ensure constant high quality trainings.
After 6 years of experience, we can confirm the effectiveness of the Public Private Partnership (PPP) with its cooperative structures like DEG/KfW, and German Medium Size Companies, like SUNfarming and Alensys, for a continuous education and training program, as long as the PPP investment is kept in the hand of the German Medium Size Company.

More than 1,000 training sessions have been held so far at the SF Solar Training Center and SF Food & Energy Training Center for participants from across Africa.

Please see our first Solar Training Center marketing video and what participants say:
Newest marketing video Solar Training Center South Africa

The SUNfarming Group has secured a financing framework of 20 million euros for the construction of 40 MWp photovoltaic projects in Poland.

SUNfarming Polska plans to expand the existing solar portfolio in Poland this year with projects to at least 40 MWp. Predominantly, projects will be realized with won auctions from 2017 and 2018.

The first projects to be financed through the acquired line are four photovoltaic plants, each with 1 MWp and a total capacity of 4 MWp, in Ostrołęka. All plants were put into operation in December 2018 and were awarded a contract in the first Polish test tender at the end of 2016.

Another part of the financing is planned for new projects with a total capacity of 5 MWp, which are already in the portfolio of SUNfarming. Three SUNfarming solar parks, each with 1 MWp, are to be built near Łask in Łódź Province, two more solar parks in the province of Lower Silesia near Ząbkowice Śląskie. These projects have won in the tender of June 2017, completion is until 30.06.2019. By winning the tender, all PV parks benefit from a 15-year "contract for differences" with the Polish Energy Agency URE, which guarantees a fixed feed-in tariff for each kWh produced by paying the difference to the market price.

The financing facility of 20 million euros, which was taken up by the SUNfarming Group, is used to finance the construction phase of the existing and planned photovoltaic projects of SUNfarming in Poland and was collateralised at the level of a Polish asset holding company owned by the project companies. SUNfarming was supported by a well-known Financial Advisor from Frankfurt am Main, who was tasked with structuring the transaction and debt sourcing.

"We are pleased to announce the closing of this transaction, which we completed within 6 weeks of the turn of the year. We thank all involved for the efficient and professional cooperation. The bridging line enables us to consistently implement our strategy in Poland and accelerate our international growth. With a planned PV capacity of 1.2 GW by 2020 with currently only about 360 MW of installed capacity, Poland represents an important future market for us, "says Martin Tauschke, Managing Director of SUNfarming GmbH and SUNfarming Polska sp.z.o.o.>

The municipalities of Reisdorf, Wegleben, Wolmirsleben, Harzgerode, Hennickendorf and Zahna are committed to sustainability with the construction of solar energy systems, thus making a valuable contribution to a regional energy supply. The plants were partly completed in November or EEG compliant completed until 31th of decembre this year, the grid connection is a short time later.
Each 750 kWp plant supplies clean and green electricity for more than 240 households. The CO2 savings per plant are 440,000 kg / year, on average as many as 165 middle-class cars (8l / 100km) emit per year.

"Our range of investors spans the entire breadth, from project development to service and monitoring, all from one source. We have developed a unique quality assurance system for banks and investors. Our PV components are based exclusively on high-quality materials. In addition to the certification by the TÜV Rheinland and the Photovoltaikinstitut Berlin, SUNfarming experts for quality assurance check the module factories unannounced and monitor the production for all technical components according to a particularly strict system.
An average of 7% additional capacity from our systems over the past few years confirms the premium quality of our components, "explains Martin Tauschke, SUNfarming Managing Director.