This quantity might attain a whopping €1 billion ($1.45 billion) by 2025, Solarwatt’s chief govt stated. Reutersand the corporate has bold plans to extend its headcount to 940 this yr from 810 in 2022 and 600 in 2021.
In 2022, Solarwatt gross sales totaled €330 million ($479 million), doubling the 2021 income that reached €160 million ($232 million).
Sturdy and wholesome
“The expansion is robust and wholesome,” stated Detlef Neuhaus in a Reuters interview.
There’s a rush throughout Europe to put in photo voltaic panels, batteries and warmth pumps to cut back residents’ dependence on Russian power and the accompanying important costs that proceed to rise.
“We’re a lifelong provider to individuals who wish to turn into self-reliant in renewable power,” Neuhaus stated.
Solarwatt’s high-end photovoltaic rooftop programs could be mixed with their very own storage batteries and power administration units or these from different suppliers.
We’re the primary German producer with “#CradletoCradle” bronze/silver certification for our glass-glass modules manufactured in Dresden. Due to this fact our photo voltaic modules are thought-about to be notably sturdy all through the cycle: https://t.co/f6rRbx3duj pic.twitter.com/AiVDEkk1ZJ
— SOLARWATT Germany (@solarwattDE) July 25, 2022
This makes the corporate much less inclined to being overtaken by cheaper Asian rivals which have undercut some German photo voltaic corporations over the previous 10 years.
Solarwatt know-how additionally helps householders who wish to cut back their influence on the surroundings, how they energy their houses, and the way they drive their electrical vehicles.
“That is smart, as a result of dwelling photo voltaic manufacturing prices 10 to 12 cents per kilowatt hour (kWh) and shopping for from utilities prices 45 cents,” Neuhaus stated.
Exhausting instances
Not all is rosy although. Regardless of its present success, Solarwatt nonetheless struggles with a scarcity of components and labor.
