Trade + industry

1
Aug

3.2 million kilowatt-hours of electricity from solar energy

Four more SUNfarming solar parks with a total power of 3,000 kWp solar energy were successfully connected to the grid until the middle of 2018 in Märkisch Oderland and in Saxony-Anhalt.

In the municipalities of Wolmirsleben, Wegeleben and Hennickendorf in Saxony-Anhalt, 750 kWp were ever realised on former landfill sites, a further 750 kWp were completed in Harzgerode in the district of Märkisch Oderland as a free-field plant.

“Every year the four plants together produce proud 3.2 million kilowatt-kilowatts of electricity. This is enough to supply electricity from solar energy for about 900 households over 30 years. 11,000 built-in SUNfarming quality modules ensure a CO2 saving of 1,700 tonnes per year”, explains Martin Hinneburg SUNfarming head of sales and project calculation.

Landfills are as sites for Solar Park as created, no shading, conveniently located and the network connection in the immediate vicinity. Administration and municipal policy advocated a leasing of the area and the development of a photovoltaic system since other uses are often not to be reconciled with the context of a former landfill.
In addition to the sustainable generation of energy, the solar parks have additional financial benefits for the counties, which has an impact on the costs of the citizens.
Read more about the SUNfarming Own-Electricity-Concept for municipalities

2
Jul

SUNfarming GmbH issues a secured 6.5% corporate bond with a five-year term and a volume of up to EUR 15 million

Erkner, 2 July 2018 – SUNfarming GmbH, an international specialist in project development and the subsequent realisation of turnkey photovoltaic projects, is issuing a fully secured corporate bond (ISIN: DE000A2LQZZ1) with a volume of up to EUR 15 million. The bonds offer a coupon of 6.5% p.a. (semi-annual interest payment) with a term of five years.

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

26
Jun

Successful Intersolar for SUNfarming

2018, the SUNfarming group again took part in the world’s leading trade fair for the solar industry with a competent team.

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.

18
Jun

SUNfarming GmbH plans bond issue

SUNfarming GmbH, an international specialist in the realisation of turnkey photovoltaic projects, is planning the issue of a corporate bond depending on the capital market environment.

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
+49 (0)89/8896906-25
linh.chung@better-orange.de

or

Marcus Marold
SUNfarming GmbH
+49 (0)3362/8859-188
m.marold@sunfarming.de

17
Jan

GreenTec Award 2018: We are among the TOP 3!

GreenTec Award 2018: We are among the TOP 3!

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)

21
Dec

443.000 kg CO2-savings per year

443.000 kg CO2-savings per year

Another SUNfarming solar park was successfully completed in November in Roggentin in Mecklenburg Vorpommern. With a total output of 750 kWp, it supplies clean, green electricity for more than 240 households. The CO2 savings of the solar park in Roggentin amount to considerable 443.305 kg / year.

Asked: How much CO2 does a car produce?
Again and again there is talk of the climate killer CO2. The invisible gas is partly responsible for the warming of the climate and transforms our planet into a greenhouse. But although much is discussed, many of us have no feeling for it. How much carbon dioxide – or CO2 for short – does your car produce?
A concrete example: You drive a mid-range car, consumption: 8l / 100km; the tank volume is 55 liters. Since gasoline is lighter than water, this results in about 40 kilograms of gasoline per refueling process. This gas is burned in the engine. In the process, the carbon in the gasoline combines with the oxygen from the air, resulting in CO2.
One kilo of gasoline, which consists essentially of carbon, thus leads to over 3 kilograms of CO2 in the combustion! Thus, there is much more carbon dioxide than the gas weighs. With every tankful of fuel, our car produces about 150 kilos of CO2 (exactly: 144.6 kg) and after just under 9 x full tanks we have produced as much CO2 while driving as our car weighs! With an annual mileage of 12,000 kilometers per year, we blow up twice the weight of our car on average in the air! Even more with super-powered sports cars. Each year.
The CO2 savings of the solar park in Roggentin amount to 443,305 kg / year, as many as 165 cars emit in the example per year.