L R AS Published on Friday 13 September 2019 - n° 289 - Categories:electricity companies
Electricity companies need their own facilities
Essent, a subsidiary of Innogy and thus of the German electricity company RWE, acquires the Belgian panel installer Aralt. The latter achieves a turnover of 5 million euros. Essent noted
a growing interest in residential and commercial photovoltaics, hence this investment.
The RWE Group acquired two Dutch solar installers in January: EnergieWonen Groep and ZON7.
PV Magazine of 12 September
Editor's note Even though the acquisitions are small, they indicate that electricity companies are concerned about their supply and therefore about the construction of photovoltaic plants. They need to reconstitute the ownership of generators as they used to own their coal or gas-fired plants.