Iqony GmbH, Essen\/Germany, the green growth division of the Essen-based STEAG Group, is merging its solar and wind business into a joint business unit. The subsidiary, under whose umbrella both business areas will be bundled in future, has been operating as Iqony Sustainable Energy Solutions GmbH (Iqony Sens) since 30th May 2024 (Figure 1).<\/p>\n
\u201cThe integration of the two previous business units into a single, even more efficient and powerful unit is a decisive step for us on our way from project developer to one of the leading European producers of renewable energy,\u201d explains Andreas Reichel, CEO and Labour Director of STEAG and Iqony. Under the leadership of the two Managing Directors Andr\u00e9 Kremer and Jo\u00ebl Wagner, Iqony Sens will realise synergies along the entire value chain of onshore wind and large-scale photovoltaic (PV).<\/p>\n
The business of the new business unit is based on two pillars: Project development and management are bundled in the IPP (Independent Power Producer) division. The electricity, which will be increasingly self-generated in future, will then be marketed via the Group\u2019s own Iqony trading division. The EPC and O&M (Engineering, Procurement, Construction plus Operations & Maintenance) division comprises the construction and maintenance of plants in the wind and PV sectors.<\/p>\n
\u201cSo far, we have been a valued partner primarily for the development, EPC and O&M services of individual PV systems,\u201d says Kremer. \u201cIn future, we will dovetail our many years of experience in the solar industry more closely with Iqony\u2019s wind expertise and keep it within the company for the long term in the IPP sector.\u201d<\/p>\n
\u201cAs an Independent Power Producer, we will not only be able to provide significantly more base load-capable electricity, we are also focusing on a future in which renewable energy sources play the leading role in the global energy market,\u201d adds Wagner.<\/p>\n
With the integration of the two areas of solar and wind, Iqony Sens will assume the role of an integrated plant operator and energy producer in addition to its strong position as a project developer and service provider. To date, the company\u2019s own wind and solar parks have an installed capacity of around 250 MW. Iqony is aiming to quadruple this portfolio by the end of the decade.<\/p>\n
Iqony e.\u2009g. was recently awarded the contract for the planned Mosbach wind farm with an installed capacity of around 61 MW in the Neckar-Odenwald district of Baden-W\u00fcrttemberg. Iqony\u2019s many years of experience in working closely with municipal partners and the local population to realise wind farms, as well as its attractive participation options for landowners, were convincing.<\/p>\n
In the PV sector, the realisation of an EPC project in Wensicken\u00addorf recently began. This will create a PV park with an installed capacity of over 32 MWp. The expected annual generation of over 33,000 MWh will ensure structural savings of an estimated 5,500 t of CO2<\/sub>e\/a.<\/p>\n Last year, the Spanish infrastructure investor Asterion took over Iqony\u2019s parent company STEAG. \u201cThis will enable us to accelerate the transformation of our company and invest even more heavily in our own projects in future,\u201d says Reichel. Against this background, the integration of the wind and PV competences is a further significant milestone in the strategic realignment of the STEAG Group as a whole. (Iqony\/Si.)<\/p>\n","protected":false},"excerpt":{"rendered":" Iqony GmbH, Essen\/Germany, the green growth division of the Essen-based STEAG Group, is merging its solar and wind business into a joint business unit. The subsidiary, under whose umbrella both …<\/p>\n","protected":false},"author":25,"featured_media":18562,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[997],"tags":[959,1000,75,967,731],"class_list":["post-18574","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-in-brief-04_2024","tag-iqony","tag-iqony-sens","tag-steag","tag-steag-group","tag-steag-solar-energy-solutions-sens"],"yoast_head":"\n