Energie-Allee the Magazine of the Juwi Group JUNE 2015

Energie-Allee The magazine of the juwi group JUNE 2015

Solar future Solar energy has great prospects worldwide. It also no longer has to shy away from profitability comparisons. WALKING THE TALK The home for little researchers While the employees at juwi are planning wind parks and solar plants, their children are experimenting with the elements of nature next door in the company day care center “juwelchen”.

2 energie-allee | JUNE 2015 Eva Schneider has been working as educator in the “juwelchen” since December 2011. Here she mainly works with the children in the pixy group (“Wichtelgruppe”) and the research lab. She also guides visitors who want to study the pedagogical concept of the kindergarten. In 2014, she welcomed 120 guests from 22 institutions.

he salt trickles slowly into the water glass. Raja and Rio take another pinch. And then another. The two look closely at Twhat happens with the sun flower oil which floats in a finger-thick golden-yellow layer on top of the water. “It’s making little bubbles,” Raja notes. And indeed: the oil which bonds to the salt sinks in small droplets to the bottom of the glass. It looks like magic, but it’s a result of physics: oil is lighter than water, but when it is combined with salt it becomes heavier. In order to make the experiment more vivid, the day care teacher Eva Schneider handed out food coloring beforehand. Red, green, yellow. This makes the bubbles which Raja and Rio are creating in their glasses along with Moritz, Nola, Jonas, and Elena, look a lot like the up and down of the colorful fluids in a lava lamp. At the “juwelchen”, the company daycare center Consultation daycare of juwi, children learn how to understand natural con- The state of Rhineland-Palatinate nections. And the experiment with water, oil, and salt has nominated the “juwelchen” is only one of many. The shelf houses a globe, several as a consultation daycare centre in 2014. This means that educa- hourglasses, paper, paint colors, brushes, books, and tors from other institutions of course wind wheels which turn faster, the more can receive training here, for you blow on them. “Our little ones have their first instance during afternoon eureka moments here in the little research lab and workshops or guest visits. learn to be enthusiastic about nature,” explains Eva Politicians and operators of Schneider. Not just in the “home for little research- other daycare centers may ers” but also outside: they can watch bugs, butter- receive information here. The flies, or bees in an “insect hotel”, plant and harvest “juwelchen” has been a “home lettuce and beans in the vegetable garden. At the for little researchers” since 2013. moment there are about 60 children discovering the A foundation under the same name supports pedagogical world in the “juwelchen” while their parents plan institutions in conveying the where the large wind turbines can catch the wind in responsible treatment of natural the neighboring office building. To make it easier to resources to children. combine work and family, juwi opened its own daycare center in 2009, for the wind park planners of www.haus-der-kleinen- today and those of tomorrow. forscher.de/en

3 content

TRAILBLAZERS 24 05 It is neither a theory nor a secret that investments into solar power pay off. Our three trailblazers provide us with reports from their practice. projeCt 20 The “Galgenberg” (gallows hill) in the Palatine no FIVE MINUTEs longer features gallows as it did in the Middle Ages What does a solar eclipse have to do with the but instead highly modern wind turbines. 06 energy transition? Find the answer to this question and many other news items on our 5-minute pages. partner 22 Markus Stillger and Armin Stahl are Asset Managers in focus with a preference for wind and solar parks from the An American energy supplier, a mine operator from project labs of juwi. 10 Australia, and a winegrower from South Africa: all of them take advantage of the benefits of solar energy. documentary 24 Their history starts in 1996. Since then, a wine- employees grower and a wind energy expert from juwi have 18 From Australia via the Alps all the way to Wörrstadt: been collecting a bountiful harvest. Year after year. portraits of juwi employees. my position 27 juwi is tackling new challenges with a lot of confidence. And with a strong partner by their side.

energy 28 Fireflies: beautiful light in the dark. Their energy efficiency is unique.

Imprint Publisher: juwi AG, Energie-Allee 1, 55286 Wörrstadt; Responsible for content and editor in chief: Christian Hinsch, Thomas Hoch; Editorial team: Benedikt Brüne, Eva Eichberger, Robert Habi, Michael Löhr, Felix Wächter Concept, design, production: SIGNUM communication Werbeagentur GmbH, Mannheim Print: Heyne-Druck GmbH, Offenbach am Main Picture credits: Stephan Dinges (title, pages 2, 3, 10, 27), TWS/Felix Kästle (5), Fraunhofer Institute for Solar Energy Systems ISE (5), picturingafrica.com (5, 14), fotolia.com (6), S. Fischer Verlag (6), Solar Impulse (8), Agency for Renewable Energies (9), Volker Wilhelm (9), Dominion Generation (13), istockphoto.com (28), juwi, private Circulation: 5,200 copies Editorial deadline of this issue: May 11, 2015

4 energie-allee | JUNE 2015 TRAILBLAZERS IS SOLAR POWER ALREADY COMPETITIVE TODAY?

Power from sunlight has noticeable cost benefits for users — even today. An energy supplier from Baden-Wurttemberg, a winemaker from the Cape Town region, and a well-known scientist confirm this from their perspective.

HELMUT HERTLE Anthony F. Corin Professor Eicke R. Weber is the Managing Director of the TWS Netz GmbH, The South African winegrower owns the He is one of the best-known solar scientists in the which is part of the Technische Werke Schussental SlimSun Swartland solar farm in the north of world. The physicist is the head of the Fraunhofer (TWS). In 2012, juwi installed a 4.5 megawatt solar Cape Town. The operation of the plant that Institute for Solar Energy Systems ISE in Freiburg, park for the TWS located in Ravensburg. juwi has constructed started in early 2013. Germany, and teaches physics and solar energy at the university there.

The reform of the Renewable Energies As a wine farmer who is not running a The rapid development of photovoltaics Act (EEG) requires a great deal of flexibility large-scale commercial operation I had to in Germany – seven gigawatt annually just and individual solutions from developers, look into other mechanisms to balancing in the years 2010 to 2012 – led to a price operators, and customers. When carefully out the overall economic viability of the reduction at the energy exchange since planning and optimizing the customer load farm. That is how we got into solar PV as a solar power served especially peak loads. profile, the use of solar power can be viable ”farming with sun” activity. The best At the same time, these German pioneer- economical for customers, when it is contribution in supporting and sustaining ing efforts led to a boom in the market and compared to obtaining energy from the the rest of the farming activity happens to thus to an unexpectedly rapid reduction in grid, even today. When considering all be through our five megawatt renewable costs. Today one can produce solar power external costs and a medium-term time energy project. Additionally, one of the big for ten euro cent per kWh, i.e. clearly frame, the production of solar power is benefits of the South African Renewable cheaper than power from the socket. The competitive already today compared to Energy Program is the very strong social systems pay off; own consumption and conventional energy sources. For this economic development angle to it. It storage systems have become attractive. reason, the Technische Werke Schussental creates jobs for the immediate community Unfortunately, the latest EEG reform has are consistently expanding their production and that is worth a lot to us. led to uncertainty of citizens and busi- for own use in the area of regenerative nesses, new construction has taken a energy sources. massive hit, Germany is at risk of losing its pioneering role.

5 AWARD-WINNING JUWI RECEIVES HEALTH PRIZE

juwi finished in second place at the Alternativer Gesundheitspreis (Alterna- tive Health Prize) 2014 founded by the Health Insurance Fund BKK Advita located in Alzey, Germany. During the award ceremony at the Biofach fair 2015 in Nürnberg, State Secretary Thomas Griese from the Ministry of Health of the state of Rhineland-Palati- nate praised juwi for its extraordinary infrastructure at its company headquarters in Wörrstadt. It includes energy- efficient office buildings, a fitness gym, Book a football and beach volleyball field, as recommendation well as the sustainable concept of the company restaurant “juwitality”. The BKK Advita awards the health prize to honor the commitment of small and medium-sized businesses in the area of health promotion.

Solar eclipse Thuringia

Naomi Klein: FIVE E-101 are ON The national “This Changes Everything” THE POWER GRID grid passes the Global warming can still be stopped, but the necessary In Mihla, in the local authority of Wart- climate protection fails due to burgkreis, juwi is currently installing stress test capitalism. This is Naomi five Enercon E-101 wind turbines and Klein’s thesis in her book “This Changes Everything”. thus its first wind park in the state of The solar eclipse in March caused no problem for The dominance of large Thuringia. Once the park is connected Germany’s power supply system. “It was hard energy corporations is the to the grid, it will produce about 35 going for both the national grid as well as every- problem, as they defend their million kWh of climate-friendly power one involved, but not a serious problem. Conven- climate-damaging business annually – enough for about 10,000 tional electricity stations were powered up to with all means. A few months households. There are plans to expand compensate, which meant they were, therefore, before the important climate the wind park with another four E-101 able to keep mains frequency at the nominal summit at the end of Novem- turbines. ber in Paris, the Canadian value of 50 hertz,” said Fraunhofer IWES scientist thus makes an appeal to the Dominik Jost. “The consumption and production world: a mass movement for 5 Minutes of electrical energy were in balance.” Owing to climate protection may be our the shadowing of the sun by the moon, critics last chance to force business had, in the run-up to the eclipse, feared a black- and politics to act. out due to a sudden flare of solar energy. Naomi Klein (2014): “This Changes Everything”, 576 pages, Simon & Schuster, New York.

6 energie-allee | JUNE 2015 WIND park Lettweiler Höhe EXPERIENCING RENEWABLEs LIVE EDUCATIONAL TRAIL FOR HIKERS a look back

The wind park Lettweiler Höhe in the District of Bad Kreuznach in Rhineland-Palatinate promises hiking fun with many insightful experiences. In the beginning of May, juwi together with the associated municipalities of Alsenz-Obermoschel and Meisenheim has created a hiking trail. On ten boards visitors are provided with fascinating information about wind energy and the region. This will transform a mundane walk underneath the mighty rotors into an informational experience.

Arno Mohr is the mayor of the municipality Alsenz-Obermoschel in the north of Palatine.

MUNICIPAL UTILITY TÜBINGEN World Future Energy Summit Abu Dhabi THE NEXT STEP At the World Future Energy Summit in Abu Dhabi, juwi employees displayed their services in the area of solar energy in a trade show By 2020, the municipal utility of booth with an oriental design. Exhibitors and visitors took the Tübingen want to cover half of opportunity in January to connect and exchange information. juwi their power sales from regenera- had competent representation there with employees from the tive sources. In order to achieve Dubai subsidiary. With about 30,000 visitors from 170 countries, this goal, the energy supplier is the World Future Energy Summit in Abu Dhabi is the leading trade expanding its wind power port- show for future-oriented technologies and clean energies in the folio step by step. The latest region. examples of this are the four wind turbines type Nordex N-117 which juwi is currently installing in Oberkochen in the Ostalb District. The wind park Oberkochen is the second wind park developed by juwi in Baden-Wurttemberg – after Nassau in Tauberfranken. outlook juwi Regional Manager Sabine Pierau: “The wind park is another important step for the energy transition in The leading trade show of the wind energy industry, Husum Wind, Baden-Wurttemberg.” will take place September 15 to 18, 2015 in Schleswig-Holstein. Visitors will be able to find the juwi group at booth 2B15. Experts in the energy business from all over the world are meeting in the district capital of Nordfriesland in Germany.

Find out more about our schedule at www.juwi.com.

7 JUWI International

turkey JUWI CELEBRATES ITS PREMIERE IN TURKEY

juwi has successfully implemented its first Turkish solar project in the Denizli province in the southwest of the country. Since the beginning of May, Yingli modules with a total output of 7.4 megawatt spread over an area of about 50,000 sqm are producing clean solar power. The client for the construction of the seven individual plants was the Turkish company Karine Enerji. “Rainy weather and very rocky ground made the construction tremendously difficult,” this is how Project Manager Takis Sarris describes the challenges.

india 51 MEGAWATT ON THE GRID With the Charanka solar park in the Indian Patan district, juwi has completed another major project on the Asian subcontinent. Since April, thousands of modules are collecting the energy of the Indian sun and generating a total of 51 megawatt power. In the Indian market juwi works mainly as an EPC service provider.

JAPAN GOOD OUTLOOK FOR SOLAR ENERGY

In February, juwi Shizen Energy completed a two megawatt solar park in Nishi-Izu in the prefecture Shizuoka, “‘Solar Impulse‘ about 200 kilometers south-west of Tokyo. The solar power plant in an idyllic setting is located on the grounds is not an airplane. of a former quartz mine which had been unused for years. By April, the joint venture has already started operations in

5 Minutes It is a symbol of what five plants with a total capacity of nine megawatt. we can achieve when we believe in the impossible.” In the beginning of March, the Swiss adventurer Bertrand Piccard started his circumnavigation of the world in a specially constructed solar airplane, the “Solar Impulse”.

facebook.com/piccardbertrand

Solar park with view of the sea in Japan’s Nishi-Izu.

8 energie-allee | JUNE 2015 “Of thissum,thepower plant until today hasreached acost of theRitsumeikanUniversity paid for by thegeneralpublic, by by Oshima. Four years after the about 16.6 billion. The restis operator Tepco hasonlypaid even thoughthey arehardly The damageofthenuclear of approx. 84billioneuros. completely under control. in Kyoto, thedamage just According toanestimate unimagined dimensions. aware ofthis,” explains Professor KenichiOshima accident thedamaged catastrophe inJapan’scatastrophe reactors arestill not Fukushima reaches 84,000,000,000 €

IN THETAUNUS JUWI INSTALLINDPARK hesse ratings. Oftheroughly80participants, thegrandprize winnerswere: was good confirmed issuewithgoodto overallby ourreadersurveyinthe very January The readersofthe Energie-Alleemagazinearesatisfied withitsquality. This AND ACOOKINGCOURS E A TRIPINBALLOON Congratulations! (cooking course), infrasound generatedby awindenergyplantiseven weaker thanthatofthewinditself. cies for Environment inBavaria andBaden-Wurttemberg. meters,the of700 At adistance the rotorscanneitherbeheardnorfelt. This hasbeenconfirmed by studies oftheState Agen- concerns. ofonly250meters,theinfrasoundgeneratedbyAt adistance themovement of But weknow: rEADERSUVEY Sources: www.lfu.bayern.de, www.lubw.baden-wuerttemberg.de, BundesverbandWindenergie[FederalAssociationforWindEnergy]

KNOW-IT-ALL Wind turbinesWind do not generate nearly high enough noise levels to lead to health Rupert Köhler diabetes, orsleepdisorders.” as highbloodpressure,depression, turbines canleadtoillnessessuch “Infrasound generatedbywind Opponents ofwindenergyclaim: and Lorenz Heinen for juwi. the largestwindprojectinHessetodate versorgung AG (Rewag). Hohensteinis the Regensburg Energie-und Wasser- households. about 6,200 The investor is 22 millionkWhannually–enoughfor diameter of120 meters,generateabout a hubheightof139 metersandarotor GE 2.5-120. The trioofturbines, each with wind turbines GeneralElectric ofthetype The 7.6 megawatt windparkconsistsof and operatingsincetheendofMarch. in the Taunus forest have beenassembled Three plantsofthewindparkHohenstein (each winningatripinhotairballoon).

Ralf Labusch

9 SOLAR FUTURE Worldwide GROWTH Clean solar power is not only good for our climate. Many companies as well as countries around the world are already using the cost benefits of solar energy, from the major energy supplier in the US state of Virginia to a mining company in Australia.

10 energie-allee | JUNE 2015 limate change has become a reality. Instead of talking, we need to act and invest into renewable energies. The Csun is our future.” The man who says this is not a lobbyist for the solar industry. Tim Cook is the CEO of Apple, the largest corporation in the world according to its stock value. The iPhone company is constructing an enormous solar plant in Califor- nia for about 850 million dollars. Spanning 12 square kilometers, with a total output of 130 megawatt, the utility-scale solar power plant is supposed to generate sufficient electricity for the new company headquarters in Cupertino and all Apple Stores in California. “We are doing this because it pays off,” Cook is convinced. “For the environment and for Apple.”

More and more large companies around the world share Apple’s view. Google and Microsoft have invested hundreds of millions into wind power. Walmart and Amazon are using the roofs of their stores and logistics centers for solar power generation. Even Ikea has recently announced that they will completely switch to green energy at the latest by 2020. In the US, even major energy suppliers who previously put their money into fossil energy sources and more recently on fracking, have now discovered the renewables. Not always out of conviction, but always due to economic con- siderations.

On one hand, the commitment of companies to clean energy supplies is more and more valued by customers. Where does the power which runs these enormous cloud data storages come from? This is no longer just an argument for hardcore tree huggers whether to choose one supplier over another. But even more importantly: energy from renewable sources is already a lot cheaper than traditional fuels. And this trend continues – despite fracking and decreasing oil prices. So it is no won- der that even states like Dubai, which literally swim in oil, are now looking towards solar energy and investing millions in large photovoltaic plants.

“Sustainability and profitability are the decisive arguments for the transformation of our energy supply,” says Jan Warzecha, Director of Technology at the juwi international GmbH and an expert in the

Jan Warzecha: “Over the next few years, the production costs of solar power will continue to decrease.”

11 Start of construction at Pavant solar park in Utah, USA. At the end of 2015, the juwi project will go on the grid and will supply 12,000 households with energy.

Karl Simich, CEO of Sandfire Resources NL: “The combination of new off-grid solar park current developments in the use of renewable Here, in the middle of the Australian outback the and existing diesel energies. Then Warzecha adds by saying: “By company has extracted more than 250,000 tons power plant is unique in 2025, the production costs of solar power in of the coveted precious metals since 2012. The the world.” Europe will drop to four to six cents per kWh. This mine does not have a grid connection to Perth, will make this form of power generation not only which is 900 kilometers away. It is energy self- cleaner but also cheaper than power from new sufficient. The power is still being generated in a coal or natural gas plants.” A current study of the 20 megawatt diesel power plant. This will change Fraunhofer Institute for Solar Energy Systems (ISE) in the spring of 2016. Then one of the largest solar- confirms his assessment: even with constant hybrid power plants in the world will start opera- prices for raw materials, coal and natural gas tions and supply the mine with cheap, clean power plants will not be able to keep up with renewables. during the day. The sophisticated system of a 10.6 We will not even mention new nuclear power megawatt single axis solar power plant including plants whose power will not be available for less battery unit will be completely synchronized with than ten cents/kWh in the near future. the diesel generators. The Australian subsidiary of the juwi group is slated to build the plant. The price of solar power depends on many factors: solar irradiation, costs for solar plants, modules, “The project represents an opportunity for us to inverters, all the way to grid connection. Add to participate in a low-risk renewable energy initiative this capital costs for financing the plants. “The with minimum capital requirement and the oppor- costs for the technology will continue to fall vigor- tunity to significantly reduce our medium and long- ously in the future,” Warzecha is sure. In the worst- term power costs,” Karl Simich, CEO of Sandfire case scenario, energy experts assume that the Resources NL, praises the implementation of the price of solar power plants will almost be cut in project. “The scale of this project will be an Aus- half by 2050, from today’s roughly 1,000 €/kW tralian and a world first – a unique combination of peak electrical power to about 600 €/kW peak. an off-grid, high capacity solar power array which will be fully integrated with an existing diesel THE AUSTRALIAN GOLD AND COPPER MINE: power station. In addition, it is a very manageable CLEAN AND CHEAP OFF THE GRID project which, importantly, will not impact on the Worldwide, many governments and energy suppli- efficiency or safety of our existing operations, ers have recognized this trend in the meantime, as while allowing Sandfire to make a solid contribu- well as large and smaller businesses. In Australia, tion to the broader challenge of reducing harmful

for instance, the mining company Sandfire CO2 emissions and potentially reducing our operat- Resources NL takes advantage of cheap solar ing costs in the long run,” states the head of the power for its gold and copper mine DeGrussa. mining company.

12 energie-allee | JUNE 2015 South Africa: In the land of hard coal, solar energy is already more competitive than power from new coal-fired power plants will ever be.

For Jan Warzecha the project confirms the profit- Virginia. “Solar energy is the key component of ability of solar energy: “For energy-intensive min- Dominion’s growth in renewable generating capac- ing, farming, or tourism operations in off-grid ity,” says David A. Christian, CEO of Dominion areas, large ground-mounted solar plants are Generation. “We are delighted to expand our solar already the more cost-effective alternative. The footprint into Utah.” prices for fossil energy sources will not remain at current levels for a long time but start going up Consequently, at the end of last year Dominion again in the future. In contrast, the prices for has awarded juwi one of the largest solar projects renewable energies are continually decreasing.” in the history of the company. By the end of 2015, juwi Inc. will install a solar power plant with an AMERICAN ENERGY SUPPLIERS: installed capacity of more than 60 megawatt in MORE GREEN THANKS TO LESS COAL the state of Utah, about halfway between Salt In the past decades American energy suppliers Lake City and Las Vegas. The power will be trans- lived by this unwritten rule: you can only earn real ferred to PacifiCorp for 20 years via a so-called green with coal. Giant excavators were digging Power Purchase Agreement, which will in turn coal from the ground, especially in the desert supply 12,000 households with clean energy. states Nevada and Utah, where the dirty gold can “The project with the name Pavant Solar is not be extracted close to the surface. Power plants only the largest of our currently 14 PV plants in with giant smokestacks were constructed right the US,” says Mike Martin, CEO of juwi Inc. “It next door, that burned coal and produced power. also very impressively shows that solar energy is Huge transmission lines transported the energy now easily able to compete with fossil fuels in for hundreds of miles to the metropolitan areas in terms of costs.” In the end it is this proven profit- California and ensured that neon ads could illumi- ability of renewable energies which has convinced nate the night and A/Cs could run around the clock. other US energy suppliers to use juwi’s help to However, the change that President Barack Obama secure a place in the sun: PSEG (Public Service called for in politics has also reached energy sup- Enterprise Group) in Arizona and Vermont, South- ply. Los Angeles will completely switch to renew- ern Maryland Electric Cooperative (SMECO) in able energy by 2025. The city of angels wants to Maryland, and El Paso Electric in Texas. juwi will transform from “Smog City” to “Sun City”. The soon have a sort of home game in Colorado. A 22 major energy suppliers have no choice but to adapt megawatt solar plant will be created less than 100 their power production to the wishes of their cus- kilometers from the headquarters of its US sub- tomers. A company which recognized this early on sidiary in Boulder. Here, too, an energy supplier is is the publicly traded energy corporation Dominion the partner of the juwi group – the Platte River Resources Inc. with headquarters in Richmond, Power Authority (PRPA).

13 Thanks to renewable energies, thousands of new jobs are being created in rural areas of South Africa.

Whole regions had to be disconnected from the grid. The damage to the economy was enormous. This is part of the reason why the government is now going for renewable energies which can be realized quickly. The Renewable Energy Indepen- dent Power Producer Procurement Programme (REIPPPP) is supposed to lead to green power plant capacities in a very short time. The program is also initiating a new era of socio-economic development and participation. Everyone who par- ticipates in REIPPPP is obligated to involve the “local community” at the plant location. This can be in the form of employment or even financial participation in the project via trust companies. This is supposed to ensure that the investments will remain with the local people in the long run. Regional added value in South Africa: showing off with the sun How this works can be seen in the example of the In South Africa, solar energy is able to display its solar park Swartland built by juwi near Darling in benefits over fossil energy sources in several the Western Cape Province. During the seven- ways. It is already more cost-effective than elec- month construction phase, two out of three posi- tricity from the two planned coal-fired power stations were filled with people from the immediate tions Kusile and Medupi will ever be. Both power neighborhood of the solar park. In addition, a reli- plants have been under construction for years. able cooperation partner was found in the Darling However, their completion keeps getting delayed Trust, which has a financial participation in the year after year and is consuming mountains of solar park for a period of 20 years and will finance money. If they will indeed go on the grid in 2019, local educational projects from the revenue. the power they generate will cost a bit more than ten euro cents per kWh, according to the calcula- “Generating a maximum of local added value is tions of the South African Standard Bank. The one of the elements of the juwi company philoso- power from the planned diesel plants for peak phy,” states Jan Warzecha. And because of this, loads will be even more expensive. According to juwi has been awarded the construction of the Please also see the link the study, the power generated here will cost largest solar park in the history of the company in to our Swartland video: more than 50 euro cents per kWh. In comparison: South Africa. The company is building an 86 mega- www.juwi.com/swartland the average price for solar power in the current watt solar power plant near Prieska. It will already bidding round lay at about six euro cents per kWh. start up in the coming year.

“The country at the Cape of Good Hope urgently South Africa, America, or Asia-Pacific: solar energy needs new power plant capacities. Right at this has been on a steep growth curve in many regions moment, power is being rationed there – whole of the world for a long time. There are good rea- city neighborhoods are switched off for hours at a sons for this. One of the most important: clean time,” says Jan Warzecha. Already in 2007 the power generated from the sun no longer has to country suffered from massive power shortages. fear profitability comparisons.

14 energie-allee | JUNE 2015 interview “Our projects generate “The linchpin of global long-term cash energy supply” flow for our investors.” In the Asia-Pacific region the demand for clean electricity rises dramatically. Philippine politician and businessman Vincente S. Vincente S. Pérez Pérez therefore sees excellent opportunities for the development of solar energy.

Mr. Pérez, as Secretary of Energy of the Solar project implementation requires land, Philippines you have launched an ambitious interconnection and regulatory certainty. Solar program for the transformation of the power has worked in every climate around the world supply in your country. What are the key for different reasons. advantages of renewables? Pérez: Key advantages of solar and wind power In which Asian markets do you see the great- include the environmental benefits they provide, est growth opportunities for solar energy? offsetting carbon emissions, mitigating climate In my view, the Philippines represents a tre- change, and emitting zero localized pollution. mendous opportunity due to rapid growth in As a fossil-fuel importing country, renewables electricity demand due to high economic finally provide energy security to the Philippines. growth, stable political environment, and growing support for renewables. Apart from the fight against climate change: What are the economic rationale for the Today, you are the president of an energy energy revolution? provider that takes full account on renew- Renewables provide a no-fuel cost option to ables. Can you provide your customers and long-term power pricing, so producers and investors – besides a good conscience – also customers have certainty about future prices with a sustainable income? Vincente S. Pérez and a hedge against fuel price volatility. Further- Our projects generate long-term cash flow and is considered one of the more, as more renewables are implemented, risk-appropriate returns for our investors under leading energy experts in Asia. After studying in the US, the cost per unit of energy has been falling bankable long-term offtake contracts. As part of as the youngest member of significantly – compare that to conventional our philosophy, our projects not only ensure the cabinet in the history of power sources. financial sustainability, but must protect the the Philippines he initiated the environment and benefit the local community. transformation of the energy How important is solar energy in that con- supply towards renewable text? Your company, Solar Pacific, has chosen juwi energies from 2000 to 2005. Solar is the linchpin of global energy supply, no as EPC provider. What were you motivations? Today, Pérez is the president question. juwi is a global leader in solar power EPC ser- of the energy supplier vices and has a strong demonstrated track Alternergy, CEO of the Does this work all over the world or only in record in successfully completing projects consulting firm Merrit Part- ners, and the founder of Solar very sunny regions? worldwide. juwi has a history of working in Pacific, partner of the juwi Although stronger irradiation means greater Southeast Asia. We felt juwi was best posi- group in several photovoltaics solar energy output per unit of area, it is not the tioned to ensure successful completion of our projects. most important factor in solar power feasibility. project.

15 Worldwide markets Sunny forecast

In Germany, the legislature has put the brakes on the development of solar power over the past few years. At the same time, on a global level, there are a lot of indicators for an accelerated push into the age of solar energy.

140.9

87.9

9.5

2008 2014 2019 2.3 gw Europe 6.2 Gw Great Britain USA 1.9 gw Germany 0.9 gW France

89.5 0.6 GW 21.0 India 0.1 2.6 2008 2014 2019 24.2 1.1 middle east 2008 2014 2019 and Africa Americas

0.8 GW South Africa

Development and forecast for Top ten countries with the worldwide installed photovoltaic greatest installed photovoltaics capacities (in gigawatt) output in 2014 The worldwide photovoltaics market has increased tenfold In the worldwide comparison, China, Japan, and the over the last five years and will continue to grow strongly. USA by far dominated the addition of photovoltaics Asia and America will take over from Europe as drivers of capacities in 2014. After a few strong years, Germany growth. has dropped to fifth place.

Source: IHS Technology (Q4/2014 PV Demand Market Tracker) Source: International Energy Agency

16 EnergIE-ALLEE | JUNE 2015 Cheaper and cheaper

The costs for the construction of photovoltaic plants are continuing to sink. This trend will persist: experts forecast further price reductions both for modules and systems. This includes, for instance, the costs for support frame construction and cables.

In terms of the module price development, the scientists of the Fraunhofer ISE have come up with three scenarios. Even with conservative assumptions, the 252.8 learning curve will continue at 19 percent. It would thus lie only barely below the historic curve of 20.9 percent.

Development and forecast of modules prices

Module prices in €/Wattspeak Scenario 1: 68.4 100.00 270–360 €/kWp 1980 Scenario 2: 1990 180–260 €/kWp 10.00 1985 3.0 2000 Scenario 3: 2008 2014 2019 1995 2010 140–210 €/kWp Asia-Pacific 1.00 2013

0.9 gW 0.50 Korea 0.20

9.7 gW Accumulated capacity in Gigawatt 0.10 Japan 0.001 0.01 0.1 1 10 100 1 000 10 000 100 000

Source: Current and Future Cost of Photovoltaics 2015, Agora Energiewende 10.6 gw China

forecast for System costs Worst-case and best-case scenario for development until 2050

~1,000 €/kWp 0.9 gW Australia –39 % –72 % ~610 €/kWp

2014 ~280 €/kWp

2050 max. 2050 min. (Worst-case scenario) (Best-case scenario)

Source: Current and Future Cost of Photovoltaics 2015, Agora Energiewende

17 NO HALF- MEASURES

Name: aNDREW DRAGER JOB: MANAGING DIRECTOR JUWI AUSTRALIA ProjeCt: SOLAR HYBRID SYSTEM FOR COPPER AND GOLD MINE

When juwi enters a new market, qualified staff is needed, employees that are equipped with more than just technical expertise and country-specific knowledge. They should also have a passion for renewable energies and should not be afraid to take on new challenges. Andrew Drager has it all. The 30-year-old grew up on a farm some 70 kilometers from Brisbane. After having completed his studies of Mechanical Engineering and before joining juwi he was Managing Director of Qi Power, an Australian project developer for solar installa- tions. After having met Amiram Roth-Deblon, juwi’s Regional Director for Asia-Pacific, both quickly agreed to join forces. Today Andrew Drager is the Managing Direc- tor of juwi Australia, following juwi’s acquisition of Qi Power in 2014. “There’s a lot I can learn from the new juwi colleagues,” says Andrew Drager, “that incredibly motivates me.” Currently, he is overseeing the construction of the DeGrussa project – one of the largest solar hybrid plants worldwide. Commenting on the project he says: “Personally, I will get a lifelong satisfaction once the project is installed and performing to expectations. I hope this project will enhance the uptake of utility-scale renewable energy for remote power generation.” Andrew Drager’s numerous hobbies – including football, gym, spearfishing, martial arts – are currently on hold. His major project requires passion as much as time.

18 energie-allee | JUNE 2015 Melanie mobilizes VETERAN WITH stamina

Name: Melanie schmahl Name: Ingo Klute job: HEAD OF MOBILITY SERVICES job: HEAD OF THE SYSTEM PLANNING & Project: juwi Motor Pool REALIZATION DEPARTMENT Project: PV SYSTEMS IN EUROPE, AFRICA, AND THE MIDDLE EAST

This woman simply fits to juwi: Melanie Schmahl has tons of He has crossed the Alps on a bike, summited the Mont Blanc energy, is able to connect mobility and green conscience as a mountaineer – and he is not daunted by demanding perfectly, and has the inner balance needed to master big photovoltaic projects. Ingo Klute finds enthusiasm and endur- tasks. As head of the motor pool, she is responsible for more ance equally important for hobbies as well as his profession. than 200 vehicles – from small electric VWs, to economic And he is a veteran in his field. He decided early on to work for diesel Skodas, all the way to large construction site pick-ups. the environment: at the end of the 80s a Greenpeace ship had Melanie makes juwi employees mobile: she negotiates with docked at the Dortmund-Ems canal in his hometown Münster. leasing companies and ensures that vehicles with the lowest The exhibit they had on board concerning renewable energies possible CO2 emissions are acquired at favorable conditions. electrified him – figuratively speaking: after graduating high She makes sure that winter tires are changed to summer school and finishing an apprenticeship, Klute went to Wupper- tires on time, schedules repairs and inspections, and ensures tal and studied electrical engineering with a focus on energy that there is a sufficient number of vehicles in the pool. She technology. He already gained professional experience during herself has an all-you-can-drive license and drives everything his studies at the wholesaler IBC Solar and then, starting in on wheels – from tractors to big bikes. In her private life she 1999, as an electrical engineer at the inverter manufacturer rarely gets on motorcycles. After work she is focused on her SMA. In 2007 he joined juwi. Today, he is responsible for children. For Oliver (14) and Sophie (12) she is simply mommy planning and implementing solar plants in Europe, Africa, and who helps with homework, plays table tennis with them, and the Middle East: layout, cabling, construction plans, documen- makes sure they eat healthy. The circle closes at the stove at tation. In addition, Klute prepares certificates as expert for PV home: Melanie Schmahl began her career with a dual educa- systems. His stamina was challenged in particular throughout tion as foreign language correspondent and office clerk at the the project Prieska in South Africa: the preparations alone took Schott Corporation in Mainz. “Not in the solar sector, but the two and a half years. The 86 megawatt power plant now under production of glass ceramics stove tops,” she says and construction – is the largest that juwi has put up until now. laughs mischievously. Ingo Klute: “We have the chance to make juwi-history.”

19 PROJECT PORTRAIT “A BLESSING FOR THE COMMUNITY”

juwi is building a wind park near Rothselberg. The village lies north of Kaiserslautern and has about 700 inhabitants. In addition to climate-friendly power, the wind park brings many other benefits – even for the citizens of the community who have not yet been born.

ooking out of the car window on the drive through the district of Kusel on the way to Rothselberg you see plenty of nature. LDense forests and soft ridges interchange along the way. One hill, however, stands out: the Galgenberg, which means “gallows hill”. The name is still a relic from the Middle Ages. Like many villages, the inhabitants of Rothselberg and their neighbors used a hill outside of the town in order to execute the law of the time – a somewhat shadowy part of the past. Today, the Galgenberg has come to represent a renewable energy supply and thus the future of the Rainer Mohr community. Mayor of Rothselberg

juwi is currently building a wind park there with eight park – on the contrary: “Due to the property distribu- plants and is repowering the existing rotors of the tion around the plants, we were able to have about neighboring Jettenbach wind park. This means: three 70 families participate in the project with lease agree- old turbines were disassembled and replaced by four ments. In addition,” the mayor adds, “there is no fear new, more efficient models. Since the end of last concerning the topic. The inhabitants have been living year, the new Enercon E-101 turbines are generating with the older wind turbines in their surroundings for climate-friendly electricity. The experts are currently a while now and have gotten used to it.” mounting the last rotor blades at the remaining four plants in the second section of the park so that they Life in the small village 15 kilometers north of Kaisers should be good to go on the grid in June. lautern is idyllic. You can find protected nature and many hiking trails right in front of your door step. The community is on board Many Rothselberg inhabitants have spruced up their “Topographically, we are in an ideal location. The houses to give the village its visual charm. But, like highest wind turbine lies 416 meters above sea level. many small, rural communities in Germany, their eco- This gives us very good wind conditions,” explains nomic power is weak and the financial means of the juwi Project Manager Irina Hahn. She and her team community limited. Work on community squares, integrated the involved communities in the planning sports centers, or schools is difficult to finance. The right from the start. She continues: “The great thing Wind park Galgenberg wind park is thus also an important source of income was that we had a trusting cooperation with all par- Since the Galgenberg is the for a period of at least 20 years or, as Rainer Mohr ties involved. For this purpose we had a meeting with highest elevation in the says, “a blessing for the community.” surrounding area, the plants the property owners and the local administration can exploit the wind, which before the start of construction.” This way juwi was He regularly visits the site to see the progressing blows mainly from the able to clear up any incipient doubts and clarify southwest. Overall, the park works on the biggest project in the history of the remaining questions directly. has eight plants, which community. At the construction site, juwi employee produce 24 megawatt to- Christian Hartisch regularly informs him of all upcom- Rothselberg mayor Rainer Mohr also confirms this. gether. They can produce ing steps. As a construction foreman, he coordinates He knows each of the 700 inhabitants personally and enough power for about the work and has answers for the most important cannot remember any conflicts concerning the wind 19,000 households every year. questions: which access roads need to be expanded

20 energie-allee | JUNE 2015 The energy transition requires teamwork: Irina Hahn (left) and Christian Hartisch (right) planned and implemented the wind park Rothselberg in the Palatine – together with many colleagues.

for the heavy load transports, where are the rotor power plants are turned off at night during the hunting blades going to be stored, or when will the crane times of bats. Comprehensive bat monitoring is to move from one plant to the next? In addition, he and clarify whether this protective measure needs to be Project Manager Irina Hahn are planning the 12 kilo- implemented for the long run. So-called listening sta- meter power lines from the plants to the closest tions are installed on the gondola and their data is transformer station. His conclusion: “The construc- analyzed by biologists. The faunistic experts of juwi tion of the park is proceeding very nicely. We had a have also taken precautions for protected birds of few days of interruption during the winter due to prey such as the red kite: The area below the rotors is snow and ice, and especially the strong winds on the not mowed or harvested from March to June. This Galgenberg. But overall, construction is still on makes these areas uninteresting for the birds as hunt- schedule.” ing grounds. Instead, specified areas elsewhere are mowed and so provide the birds an alternative hunt- When completed, each turbine will measure 149 ing ground. meters from the ground to the hub. A 120 ton concrete tube forms the foot. On top of this, there are Irina Hahn and mayor Mohr have also developed a another 29 concrete and three steel elements – all joint plan for the inhabitants and visitors of the com- firmly tied together on the inside with steel cables as munity. Compensation measures will bring humans thick as an arm. The firmly fixed, pivoting gondola sit- and nature closer together in Rothselberg: In addition ting on the tower carries three rotor blades with a to a two hectare biotope nearby, a nature and adven- diameter of 101 meters. At this dimension, a turbine ture trail is supposed to raise the awareness of hikers, is able to supply power to up to 2,500 households inhabitants, and students for plants and animals in BAT PROTECTION annually. their surroundings. Signs reveal news and historical Sensors attached to the facts at various locations along the trail. “In addition, gondolas register the move- Protection for bats and red kites it was my wish to create a birth meadow,” explains ments of bats. The collected data will help to adjust the When building plants to generate wind energy, the Rainer Mohr. A new tree will be planted there for operating and downtimes of protection of fauna and flora is a very important factor. every newborn child. In addition to the wind park, this the rotors ever more precisely Bats are especially important. Between April and gives the inhabitants of Rothselberg a second future- to protect the small mammals. October, in certain weather conditions the wind oriented project right at their doorstep.

21 PARTNER profile investors of the first hour They are independent financial consultants, fund managers, and stock specialists. About 18 years ago, Markus Stillger and Armin Stahl purchased their first wind turbine. Since then they have invested close to 300 million euros into renewable energies. juwi has almost always been their partner.

t was just before Christmas in 1997. Markus Still- ther projects. This is how they met Matthias Willen- ger and Armin Stahl had been successful finan- bacher and Fred Jung. The chemistry was good from cial consultants for more than ten years with a the beginning. They had a lot in common: Stillger and Iknack for stocks. Then a friend, himself a Chief Techni- Stahl, who had only wanted to finance their business cal Officer in a company, asked them whether they studies with stock transactions, had quickly discov- might be interested in purchasing a wind turbine. ered that they could do a lot more than just that. Jung After a viewing and a long dinner, they were inter- and Willenbacher, too, became entrepreneurs straight ested. A week later, on December 28, Stillger and out of college. All four had been able to convince oth- Stahl signed the contract for their first wind turbine. ers of their idea when they were still young. This also worked in their mutual interactions: “We liked each In January 1998 there was lots of wind and revenue other from the beginning,” Armin Stahl states. rolling in. From this point onwards they were hooked. “Of course, we also quickly saw that there could be This turned into a partnership which is almost as old slow months, too. But we recognized the basic poten- as the juwi company itself. Just before the millennium, tial,” Markus Stillger remembers. they realized their first joint wind project in Alsenz in Rhineland-Palatinate. Since then, the two companies After this first, spontaneous wind turbine purchase have implemented more than 20 projects together – they started looking for a professional partner for fur- juwi as project developer and Stillger & Stahl as inves-

22 energie-allee | JUNE 2015 In front of their headquarters: In 2007, Markus Stillger (left) and Armin Stahl constructed the Max Value Tower in Limburg.

tor. In the beginning of 2015, Markus Stillger and own money.” Over the years this has also grown into Armin Stahl purchased the wind park Weiskirchen with a conviction for renewable energy in general. They four Enercon E-115 turbines from juwi. have inspected almost every wind and solar park in person. And once in a while they also convene share- The photovoltaics roof on The two financial consultants also invested their own holder meetings at a restaurant close to one of their the Bruchweg stadium in money in the plants. They then offered the remaining plants – including a tour. “We stand completely Mainz is a joint project of Stillger & Stahl and juwi. shares to their long-time customers – often in their behind the energy transition,” says Armin Stahl. For extended circle of family and friends. The two found- this reason, the Max Value Tower is not heated with ers grew up in the Limburg region, and here they conventional but with geothermal energy.There is one have their roots and a great network. In the mean- project which Stillger and Stahl particularly love to talk time, they have a base of about 1,500 customers. about. In 2004, together with the two juwi founders, they installed the photovoltaics system at the Bruch- Markus Stillger looks out of the office window on the weg stadium in Mainz. “Football is another passion eighth floor of the Max Value Tower, not far from the that connects us,” explains Markus Stillger. Visiting Limburg ICE train station, and says: “Most of our cus- the stadium together is part of their joint activities, as tomers live within view, 80 percent come from within is participation in the juwi football tournament. They a 15 km radius.” In 2007, Stillger and Stahl built their even have a cup displayed at the entrance to the own office high-rise, whose name is a reminder of the office floor. first of their securities funds: the “Max Value” was started at the end of 2000 and invests exclusively into The two entrepreneurs from Limburg do not hide the German stocks. In the meantime there are four funds, fact that they have a special preference for invest- STILLGER & STAHL which are managed by the MB Fund Advisory GmbH, ments in solar energy. Since the middle of the 2000s, ASSET MANAGEMENT GBR a company from the company network of Stillger and Stillger & Stahl have intensively invested into larger As independent financial Stahl. and smaller solar projects. Since the sun years have consultants, Markus Stillger (52) been better than the wind years since that time, and Armin Stahl (55), together with Completely behind the energy transition these investments paid off especially. However, they about ten employees, take care of “We are absolute stock fans,” Armin Stahl admits. continue to invest in wind energy. “We assume that the asset development of their customers. In addition to the stock This opinion is backed up by 30 years of experience. the industry has drawn its conclusion from the market, the investment focus lies “Since our start we have achieved an average annual weaker wind years and that the forecasts are now a especially in the area of renew- return of more than nine percent with stocks.” Of bit more conservative,” says Stillger. able energies. The company also course, they also experienced crashes and had to acts as agent for real estate learn hard lessons. Overall, it is a success story: in Their first wind turbine, which juwi put up for them in financing. The two entrepreneurs 1983, when the two started dealing in stocks, the Alsenz, has long since been replaced by a larger, consult for four securities funds Deutsche Aktienindex (DAX) was at 500 points – more powerful turbine. The two financial experts have of the private bank Hauck & today it is more than 11,000: the interest is low and been investing money into the renewable energies for Aufhäuser via the MB Fund investment alternatives are rare. This suits the stocks over 17 years – a total of almost 300 million euros. Advisory GmbH. The two company just fine – as well as the second major leg of Stillger This also included biogas and wood pelleting plants. founders met each other when studying business in Gießen. In the & Stahl: renewable energies. A few days ago, their wind park in Weiskirchen in the meantime they own numerous Saarland was connected to the power grid – at one of holdings in other companies – The two financial consultants have been following a the locations with the most wind that juwi has ever many of which are located in the clear principle until today: “We recommend our cus- developed. The DAX is also doing its part. These are Max Value Tower in Limburg. tomers only products into which we also invest our good times for the financial experts from Limburg.

23 Tobias Jung (left) and Sven Siebecker in the vineyards in front of the wind park Spiesheim.

documentary GOOD HARVEST

Two men with a passion for wind energy: their joint history started almost 20 years ago. At that time they knew nothing about each other. Today they are proud of their project.

24 energie-allee | JUNE 2015 stiff breeze blows over the vineyards. Sun and clouds are interchanging quickly. Without a coat and cap it Awould be pretty chilly on this day in March. In Spiesheim, Rhine-Hesse, three kilometers south of the juwi headquarters in Wörrstadt, two men meet who one could without exaggeration describe as men of the first hour in terms of wind energy. Tobias Jung, winemaker and wind turbine operator, and Sven Sie- becker, employee of the juwi Operations & Mainte- nance GmbH. Renewable energies were important to them already 19 years ago, when the energy transition was still in its infancy. They had installed wind turbines in Spiesheim at the time which by comparison to today’s system appear almost puny, but without which the development of wind energy would not have been possible.

From the first day until today, the five Enercon E-40 produce clean power – as reliably as is possible. Each of the turbines has an installed capacity of 500 kilo- watt, 40 meter rotor diameter, 65 meter hub height. The wind is there, the turbines turn and turn and turn. In good years, an E-40 can achieve one million kWh – depending on location and wind strength. The harvest always depends on the location and the weather conditions. This is no different for wind than for wine.

As a farmer, Jung knows the role of nature – and knows how to deal with it. A good wine is crested on the vineyard and in the cellar. And a good wind harvest requires favorable weather and a reliable plant. VINEYARDS WITH Technical availability is the decisive variable here. At WORLDWIDE SALES the turbines in Spiesheim it lies at over 99 percent. Tobias Jung is 41 years old, This is a top value even for the wind industry, whose married, and has three technology is always being optimized. children. He plants 26 different grape varieties on 60 hectares of land in his wine Jung and Siebecker meet for a photoshoot on the business. The wine from vineyard. Both are now over 40. The one manages Rhine-Hesse is sold all over one of the largest German family-owned vineyards. the world. The other takes care of juwi customers who invest capital in wind parks. And both of them were here www.weingut-jung- before, in 1996, without being able to remember knobloch.de

25 The wind park Spiesheim generates power very reliably – and this is since 1996.

meeting. 1996: this was the year in which Oliver Bier- tion. So they gathered the necessary capital and sub- hoff made Germany European Soccer Champion with mitted applications for construction permits for the his “golden goal”, Greenpeace presented the first first three wind turbines which were put up in 1996 three-liter car (a converted Renault Twingo), and Bill by Sven Siebecker and his colleagues. One year later, Clinton was reelected as president of the US. Sven two more systems completed the turbine quintet. Siebecker still worked for the wind plant installer Enercon. Since then, the wind industry has gone through a steep development. In 1997, a total of 500 megawatt “Spiesheim was my beginning,” he says and looks up wind power had been installed in all of Germany. at the rotor. “These are the first turbines I managed Today it is more than 35,000 megawatt. Today, the myself and the first ones which I climbed.” Back then, towers are up to 140 meters high and thus more than Siebecker developed the service for southern Ger- twice as high as the turbines in Spiesheim. The rotor many for the turbine manufacturer from Ostfriesland, diameters have tripled – and as a result of these guided start-ups, fixed disruptions, performed main- increased dimensions, the revenue has multiplied. TRADEMARK tenance. In January 2001 he then changed to the RING GENERATOR In the beginning of the 90s, start-up juwi as employee number eight, first worked In view of this development, were there no plans to with the system type E-40, as service technician, and then switched to the office. exchange the plant in Spiesheim for a more modern Enercon converted its Today he is the contact person for the operating com- one per repowering? “Yes, we thought about it,” says production from geared panies of more than 90 wind energy plants. Jung. But ongoing contacts with a mobile broadcast- systems to gearless wind ing provider who mounted emitters and antennae on turbines with ring generators. Very satisfied with the yield one of the towers and licensing aspects always A principle which the manu- Siebecker is proud of the E-40 which came onto the stopped them in their tracks. However, Tobias Jung is facturers have stuck with market in 1996 as one of the first systems with a ring still satisfied: the power from the wind turbines and until today. After the collar- generator. “They all run almost without any disrup- a photovoltaics system installed on his roof allow him shaped gondola of the E-40, tions.” Software and hardware are up-to-date, repairs to supply his vineyard with sustainable power. “The Enercon designed the machine housing of all an exception. Tobias Jung is also very satisfied with yield allowed us to operate CO -neutral. This is very 2 following models in the the yield data of his E-40. “We made a very conserva- important to me in terms of future generations.” typical egg shape. tive calculation at the time and because the system ran so well we were in a position to make repayments After the photoshoot is finished, Jung and Siebecker early on.” continue talking about wind power. They discuss the details of a full maintenance contract for another wind When asked about the period of the mid-90s, Jung park. But one question needles Sven Siebecker on the smiles. Together with his friend Fred Jung he per- way back to the car: “Why can I remember only Fred formed wind measurements in Spiesheim. “The wind Jung, but not you?” always blows here,” Tobias Jung said to his friend, who later went on to found juwi. And voilà: the data Tobias Jung smiles. “That’s easy. In 1996 I lived in of the wind measuring device which the two affixed Canada for half a year. When I got home, the E-40 ten meters up on a light pole confirmed his percep- whose construction you managed was already up.”

26 energie-allee | JUNE 2015 “Designing the future with clear objectives”

Fred Jung juwi founder and CEO my position

e started 2015 with fresh verve and tail since the mid-90s. In particular his unconventional wind: this year we want to fortify our manner, his boundless store of ideas, and his tire- Wposition as one of the leading German less commitment for 100 percent renewable ener- project developers for wind parks and operations gies defined juwi and will not be forgotten in the managers of regenerative energy plants. In addition, future. there are numerous energy projects in select countries. Especially outside of Europe, the share of Despite these changes, we will continue to design solar energy is growing rapidly. We have reported the future of our company with courage and clear about this in depth in this issue. objectives. The foundation for this confidence is in place: at the end of 2014 we entered into a partner- All of this happens in view of a very eventful period ship between the renewable and the traditional of time – not just for the energy markets in general energy industry with the Mannheimer MVV Energie but also for juwi in particular. Matthias Willenbacher, AG, which is unique in Germany in its extent. Well one of the founders and driving forces of the energy aware of the challenging financial situation of the transition, retired from the Board of Directors of the juwi group, the MVV Energie AG and our financing juwi group. The Board of Supervisors of the juwi AG banks decided to help us develop a sustainable thanked him for his special merits, his entrepreneur- energy supply with long-term financing. We are ial achievements, and his personal commitment to grateful for this, as we are for the loyal and reliable the juwi AG over the last two decades. I, too, would commitment of our customers, business partners, like to thank him personally for our time together and employees who walk this path with us.

27 Energy light, therestofenergyisradiatedasheat. a standardlightbulbconvertsaboutfivepercentofthepoweritreceivesto all islosttoheat.Therenoartificiallightingthatcancopythisachievement: This ishowefficientlyfirefliesareabletogeneratelight.Almostnoenergyat 95 percent