BayWa r.e. acquires OneShore Energy

31st May 2017
Source: BayWa r.e.
Posted By : Alice Matthews
BayWa r.e. acquires OneShore Energy

 

With retroactive effect from 1st April 2017, BayWa r.e. has taken over the business of OneShore Energy. The Berlin-based startup specialises in the analysis, planning and operation of solar-diesel hybrid plants. With this acquisition, BayWa r.e is further expanding its commitment to off-grid solutions.

"Following the successful completion of an initial joint project in Rwanda, it was clear to us that the software-based analysis and planning tools from OneShore Energy and our portfolio in the photovoltaic segment complement each other perfectly," explained Günter Haug, Managing Director of BayWa r.e. "With the acquisition of OneShore Energy, we are strengthening our position in the growing market for off-grid power generation and are increasing the attractiveness of our full-service offering, especially in regions with poor or no connection to the grid."

In addition to the analysis and optimisation of diesel generators, which are primarily used in countries with no reliable electricity supply, OneShore's service offering also includes the planning and operational management of smart solar-diesel hybrid systems. "By combining existing diesel generators with high-performance photovoltaic modules, we are able to significantly reduce both the costs of energy generation and CO2 emissions," explained Philipp Kunze, Founder and Managing Director of OneShore Energy. "As a part of BayWa r.e., in future we will be able to offer the services and components to do this directly from a single source."

BayWa r.e. is presenting its product and service portfolio and the new offering for hybrid projects from 31st May to 2nd June 2017 at the Intersolar Europe exhibition fair in Munich.


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