AMPYR Solar Europe’s Post

Meet our CTO and our Head of Procurement at Intersolar next week.   In 2023, global PV demand reached 230 GWp, a 30% increase from the previous year. While China alone had share of ~45% of the global market. Europe saw significant growth, with installations reaching 40 GWp. Last year, the solar market benefited from a backlog of orders from 2022, when demand surged due to the energy crisis. The labour shortage that previously limited solar deployment is expected to ease from later this year as installers expand their workforce and new players enter the market.   AMPYR Solar Europe is on the path to becoming a leading European IPP, part of Europe’s commitment to becoming carbon neutral by 2050. These ambitions face potential supply resilience risk, considering the heavy dependency on imports for key components such as PV modules, inverters and battery cells.    At AMPYR Solar Europe, our Global Supply Chain Team is charting a path through strategic partnerships with preferred suppliers, EPC companies and OEMs.   We would love to meet not only suppliers, contractors and engineers involved in the solar industry, but also developers and lenders. If you are involved in any of these areas, please connect with us to discuss the potential for developing strategic partnership opportunities in the UK, Germany and the Netherlands. Please connect directly on LinkedIn with our CTO, Jörn Hackbarth and our Head of Procurement, Vikas Varshney #intersolar #photovoltaic #EPC

Meet us at InterSolar to talk about PPAs Geopolitical unpredictability and singular events such as energy price spikes in 2022 following the Russian invasion of Ukraine, have contributed to uncertainty in the futures markets, prompting many market participants to hedge their risk by entering into long term power purchase agreements (PPAs). Corporate users of electricity are increasingly looking for the appropriate structures to contract green electrons, supported by guarantees of origin (GoOs). The increase in renewable capacity installation and resulting price cannibalization and negative prices, has driven interest in BESS plants and innovative route to market strategies. At AMPYR Solar Europe we consistently explore innovative commercial opportunities. Our partners include cross-sector major European industrials seeking to decarbonise their power supply. Our Senior PPA Originator, Daniel Peschel, will be at InterSolar and is looking forward to discussing the current PPA environment and your specific needs. Contact him directly via LinkedIn: @Daniel Peschel #photovoltaic #PPA #intersolar

Come and meet our M&A team at InterSolar M&A activity for ground mounted solar in Germany has gained traction in recent months. AMPYR Solar Europe has been observing plenty of opportunities with projects being sold even before „Aufstellungsbeschluss“. We have looked at the drivers of this deal renaissance to understand the rationale behind market participants deciding to sell their assets now. Setting aside the environmental necessity to move away from fossil fuels and increasing social awareness, Germany still has one of the best-established frameworks for renewable energy policies in the world with EEG as a backbone. The recent adoption of Solarpaket I and the reintroduction of a 50 MWp limit in the EEG tender underpins the political will to make utility-scale solar happen. Regulatory exceptions, such as the absence of a B-Plan procedure  for projects in privileged areas, have accelerated development timelines with the first privileged projects having reached RTB status this year. Market growth has been steady and appetite for renewable power is growing, reflected in premiums being paid for renewable electricity or offtake arrangements being announced in the market. Additionally, module prices are at an all-time low. Considering this, why are developers/investors still willing to sell their projects? The answer is uncertainty and the increasing complexity of getting projects online. High interest rates continue to put pressure on the renewable energy business model. Lower forecasted merchant electricity prices and lower future capture rates for electricity generated by solar assets increase the need for alternate routes to markets (e.g., PPAs or the sale of GoOs), for which smaller developers typically lack the expertise and resources. Community participation requirements introduce contractual and regulatory complexity, while the announcement of additional levies such as the so called “Solar Euro” add to uncertainty. Widespread grid congestion and long lead times for substations also add to the overall complexity, with adequate connection points hard to find. All this creates M&A opportunity for the solar industry - not only in Germany, but across a wide range of European markets - as established players seek to expand their market share, new players look to enter the market, and project owners contemplate exit strategies before valuations fall further. Addressing the above challenges will be paramount for companies to be successful in the future. AMPYR Solar Europe (ASE) is well positioned to leverage its inhouse PPA expertise, economies of scale, strong financial backing and the experience of its shareholders to reinforce its position as one of the fastest growing IPPs in Europe.   Come and meet our M&A team at InterSolar in Munich next week: Alexander Kinnel and Juan Atxa Untiedt will be there, and happy to discuss. Please contact them directly through LinkedIn. #Intersolar

AMPYR Solar Europe is excited to announce the launch of its new website! www.ampyr-solar.com With a solar portfolio of over 7 GWp in the UK, Netherlands and Germany, we are well positioned to become a leading European independent power producer. Whatever your involvement in the solar industry, please get in touch – we’d love to hear from you! www.ampyr-solar.com

Great news for West Lothian! AMPYR Solar Farm and Energy Storage System Gets Green Light. AMPYR Solar Europe is thrilled to announce that our planning application for the Aithrie solar farm and energy storage system near Newton in West Lothian has been approved by West Lothian Council's Development Management Committee. This is a major step forward in generating clean, sustainable energy and helping to deliver both regional and national net-zero targets. The project is expected to generate enough electricity to power 10,400 homes per year (based on 2022 usage data) and save an average of 15,100 tonnes of carbon emissions annually. Now we are looking forward to working with the planning authority and local community to discharge conditions and start pre-construction works. We're committed to delivering a sustainable future for West Lothian and this project is a significant step forward. #solarpower #cleanenergy