Sold to german solar container company

Capcora acted as the exclusive sell-side M&A adviser on behalf of Milvio Energy in this transaction. The co-located PV and BESS project is under development and is expected to reach ready-to-build (RTB) status in the second. Hamburg-based project developer Milvio Energy has successfully divested a combined solar photovoltaic (PV) and battery energy storage system (BESS) project located in Lower Saxony, Germany. So the two goal-oriented and competent entrepreneurs Thomas Hilber and Karl Pühretmair decide to combine the forces of their renowned companies and to revolutionize the world of mobile high-performance solar systems. Shell is reportedly considering the sale of sonnen, a German solar storage manufacturer that it acquired around four years ago for roughly €500. Declines and uncertainty in feed-in-tariff subsidies for solar power in European markets. Why are German businesses racing to adopt mobile solar container projects? With industrial electricity prices hitting €0. 28/kWh and rising – 45% above the EU average – these plug-and-play systems deliver immediate ROI while dodging grid dependency.