L R AS Published on Monday 27 January 2020 - n° 306 - Categories:purchase and sale of assets, French companies

Solewa strengthens its presence in the West with Terrena Innovation and Inovia

By taking over the photovoltaic activity of Terrena Innovation and Inovia, Solewa strengthens its presence in the West of France.

Since 2006, Solewa has been offering global, turnkey photovoltaic solutions including

installation, maintenance, cleaning of solar installations and roof rentals for businesses and farmers. The B to B solar specialist has four branches in the west of France: in Sarthe, Brittany, Vendée and Deux-Sèvres.

In 2019, Solewa achieved a turnover of 18 million euros, which represents a rate of installation of 11,000 m² of panels per month. The company forecasts a turnover of for 2014 (+ 33%). This increase is explained by a rapidly developing solar energy market: on the one hand, farmers and businesses have become aware of the economic and energy benefits provided by photovoltaic panels; on the other hand, the Climate Energy law requires that buildings of more than 1.1,000 m² must have a green roof or be fitted with photovoltaic panels. The PPE estimates that the market will grow by 20% per year over the next 10 years.

Tecsol of January 21st

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