European solar developers Galileo and Enviria have formed a joint venture to develop utility-scale ground-mounted solar plants across Germany targeting a multi-GW pipeline in the next five years.
Galileo Enviria Solar “positions itself as a versatile and reliable partner” for landowners, communities and grid operators across Germany.
The new solar player will cover the entire value chain for solar projects from planning to financing and implementation all the way to operations and management of utility-scale solar plants.
The company comprises a team of 25.
The objective of the JV is to add approximately 1GW of solar power projects to its pipeline every year.
The joint venture is “ideally equipped” to tailor projects to local needs, in “full respect” of environmental considerations, involving all stakeholders at an early stage of development.
Additionally, the projects will bring direct benefits to the communities and will offer energy prices well below current market rates, Galileo Enviria Solar stated.
Melchior Schulze Brock, Enviria’s founder and CEO said: “Any company that wants to contribute to the German energy transition needs two things.
“On the one hand, it needs an understanding of the local idiosyncrasies: the needs of the communities, the requirements of national guidelines and regulations, and a robust network of partners and suppliers.
“That’s what Enviria brings to the table. On the other hand, you need to be able to zoom out and take the broad perspective beyond national borders, beyond solar, and look at the wider European energy transition.
“Galileo, with its pan-European, competence-driven multi-technology approach, offers that key complementarity. That’s what makes this joint venture such a natural match.”