Martin Tauschke, CEO of SUNfarming GmbH: “We are proud that in 2020 we were once again able to demonstrate our earning power despite the effects of the pandemic. We are just as happy about the positive start into the 2021 financial year and the successful full placement of our listed debut bond. We will do everything in our power to live up to the trust of our investors and to establish ourselves as a reliable issuer on the capital market over the long term.”
SUNfarming GmbH recorded a successful 2020 financial year based on preliminary figures. SUNfarming was able to increase earnings before interest, taxes, depreciation and amortization (EBITDA) by 29.4% from EUR 1.7 million to EUR 2.2 million. This corresponds to an improved EBITDA margin of 7.9% after 4.7% in the previous year. The annual surplus increased by 87.5% from EUR 0.8 million to EUR 1.5 million. The positive development is also reflected in the equity ratio, which rose from 24.7% to 34.9%.
For the 2021 financial year, SUNfarming expects to improve both sales and earnings. In the 1st quarter, projects with an installed capacity of approx. 5 MWp and in Poland of approx. 3.9 MWp were successfully implemented. In Germany there were seven roof-top projects with a total output of 3.5 MWp and two ground-mounted systems with an output of 750 kWp each.
For the rest of the year there are currently around 27.3 MWp of new projects being planned and implemented. More than 60% of these consist of free-field PV projects that are subject to tendering with a capacity of over 750 kWp, around 20% consist of classic EEG-compensated free-field systems with an output of up to 750 kWp and around 20% roof systems with a total output of over 100 kWp. In addition to the new projects, around 29 MWp of project expansions are being implemented, of which the first two projects will be completed in the second quarter. In addition, several major projects of 20 MWp and more are in development for 2022.
Our PV open space systems offer many plants and animals urgently needed living space that has been lost due to intensively used agricultural areas. Our perennial wild herb meadows make an important contribution to promoting biodiversity.According to the Biodiversity Council, the extinction of pollinator insects threatens global food production with a value of 235 to 577 billion dollars per year. Out of 8 million insects, 1 million are threatened with extinction.
Extensive permanent green areas are created under the modules of our PV open-air systems, offering habitats for many animal and plant species that have already disappeared from intensively used agricultural areas. More insects mean more breeding birds. Here you can find food and e.g. Also sitting on the module rows and security fences. We do not fertilize or use any pesticides and there is also no machine tillage, factors that can negatively influence the fertility of the soil and the water balance. At the same time, the wild herb meadows promote humus formation, and the humus in turn binds carbon dioxide (CO2).
We work together with shepherds who like to use the fenced PV systems for their sheep. This summer there are 1200 sheep that keep the vegetation between the module rows short. The security fence offers protection from wolves. The module rows also offer weather protection in the rain or provide shade in summer.
On 2 ha of solar park, additional solar nets and barriers will be installed under the solar tables, allowing the keeping of free-range chickens. Trainings and jobs will be created for Syrian refugees in the fields of solar technology, electromobility and organic egg production. The training program consists of practical and theoretical lessons. The theory lesson takes place in a purpose-built training center. Directly connected to this complex is a shop which is also operated by trainees. Here, the agricultural products according to eu standard produced products , are sold directly and impart practical and theoretical business knowledge to trainees.
This project was made possible as a large PPP (Private Partnership Project) through the support of the BMZ (Federal Ministry for Economic Cooperation and Development), run by Deutsche Energie-Agentur (dena) – the German Energy Agency.
“Education and jobs are being created, food supplies and sustainable energy production are contributing to a responsible, safe way of life and giving people here a future perspective for a later return to their homeland, explains Peter Schrum SUNfarming founder and main shareholder.
“We would like to thank DEG for making the” Blue Print ” for bigger investments in Syria possible with this large Food & Energy training facility, continues Peter Schrum.
For this project, special substructures and brackets were developed by our subsidiary SOLprime, which makes it possible to raise the solar tables up to 4 m. Working under the tables is thus easily and effectively possible. To protect the chickens, additional nets were installed between the solar tables. Special laying devices according to the EU Organic Regulation, designed by SUNfarming in cooperation with German laying hens specialists and transported in individual parts to Osmaniye, were already assembled in first training sessions by Syrian trainees.
As every year, the interest in our products and projects has been great and our SUN farmers have had many concrete discussions with local and international partners from Europe, Africa and Latin America in order to initiate projects and to further develop current projects. In addition, contacts with suppliers and technical production partners and banks as well as international financing institutions were expanded. The DKB (Deutsche Kreditbank AG) and the ING Bank visited our stand, as well as the international banks FMO (Dutch Development Bank) and the World Bank subsidiary IFC, to discuss the development of relations in the financing of German and international projects of the SUNfarming Group.
Delegations, among others from Angola, Brazil and the Congo, learned in conversations with our expert project managers about the outstanding developmental possibilities of our product
“SUNfarming Food & Energy”.
“The demand for on-roof PV systems for commercial and industrial plants with an installed capacity of less than 750 kWp has risen sharply. From December 2018 to February 2019, we completed 9.14 megawatts. Together with the ground-mounted systems with less than 750 kWp, we have a volume of approx. 20 MW in Germany alone, which we realized in our own investment in the last six months, “explains Martin Hinneburg, Head of Purchasing and Calculation.
“We are very satisfied with the fair days! In addition to existing customer care, we were able to make many new contacts, which will be very helpful to us on the path of internationalization of the project business. We will exhibit again at Intersolar next year, “says Martin Tauschke, CEO of SUNfarming.
The municipalities of Reisdorf, Wegleben, Wolmirsleben, Harzgerode, Hennickendorf and Zahna are committed to sustainability with the construction of solar energy systems, thus making a valuable contribution to a regional energy supply. The plants were partly completed in November or EEG compliant completed until 31th of decembre this year, the grid connection is a short time later.
Each 750 kWp plant supplies clean and green electricity for more than 240 households. The CO2 savings per plant are 440,000 kg / year, on average as many as 165 middle-class cars (8l / 100km) emit per year.
“Our range of investors spans the entire breadth, from project development to service and monitoring, all from one source. We have developed a unique quality assurance system for banks and investors. Our PV components are based exclusively on high-quality materials. In addition to the certification by the TÜV Rheinland and the Photovoltaikinstitut Berlin, SUNfarming experts for quality assurance check the module factories unannounced and monitor the production for all technical components according to a particularly strict system.
An average of 7% additional capacity from our systems over the past few years confirms the premium quality of our components, “explains Martin Tauschke, SUNfarming Managing Director.
SUNfarming GmbH has received an order for the turnkey construction of 5 MW solar plants from investment companies of the Schrum-Tauschke family. The projects have been successfully developed by SUNfarming GmbH for the last few months. These are 750 kWp free-field installations as well as roof-top plants of various sizes within Germany. The construction is expected to begin at the end of July. The order volume is approximately EUR 6 million. The investments are financed via the GLS Community Bank EC. The credit agreements have been signed by the investment companies this week.
“Unlike in the PV industry, we offer a one-stop service, from project development to service and monitoring. We have developed a unique quality assurance system for banks and investors. In our PV components, we rely exclusively on high-quality materials, in addition to the certification by TÜV Rheinland, checked by SUNfarming experts for quality according to a particularly stringent system.
An average of 7% more performance of our plants in recent years confirms the premium quality of our components “, explains Martin Tauschke, SUNfarming managing director.
As one of the ten largest German companies in the field of solar PV, the SUNfarming group has acquired its competence in the field of renewable energy over the past 14 years with more than 500 MWP solar systems as free-field and roof-top plants in Germany and worldwide, of which 115 MWP in its own investment Our group of companies is economically active in the project development, financing, realisation and operation of solar plants and related concepts such as agro-photovoltaics and e-mobility.
The interest in our products and projects was as big as every year and our SUNfarmer have held many concrete discussions with local and international partners from Europe, Africa and Latin America in order to create projects and to further develop current projects. In addition, contacts with suppliers and banks as well as international financial institutions were expanded. Among others, DKB (Deutsche Credit Bank AG) and GLS (Community Bank EC), as well as the international banks FMO (Dutch Development Bank) and the World Bank subsidiary IFC visited our stand to look at the development of relations in the financing of German and International projects.
Franz Alt, a multi-award-winning journalist and author, was also a welcome guest at our booth. Many years of political commitment to the “Solar World Revolution” combine Franz Alt and Peter Schrum, SUNfarming founder and honorary president of the BRM (Federal Association for Regenerative Mobility e.v.).
A delegation of the Ministry of Energy of the Dominican Republic under the direction of Clemens Findeisen, GIZ project manager to promote the energy turnaround to achieve the climate goals in the Dominican Republic, informed himself in a conversation with Peter Schrum about The outstanding development policy possibilities of our product “SUNfarming Food & Energy”. The mayor of Hanoi and his economic delegation also showed great interest in this product.
“The SUNfarming has adapted its business model for Germany to the EEG 2017. We have been developing and building successfully 750kWp systems since the end of last year and will continue this 2018 with a volume of approx. 20MW. The already existing business model of own-power plants for trade and municipalities will also be further expanded in 2018, explains Martin Hinneburg, purchasing and sales service.
“We are very pleased with the Fair days! In addition to the existing customer care, we were able to establish many new contacts, which will be very helpful on the way to internationalization of the project business. We will be on Intersolar again next year, “said Martin Tauschke, SUNfarming co-founder and managing director.
More than 11 million kilowatt hours of electricity are produced by the two solar parks with a total capacity of 6.64 megawatts a year. The Co2 savings are around 8,300 tonnes annually.
3,358 kWp were completed in the Aegean province of Denizli and 3,279 kWp in the Anatolian province of Kayseri. The major projects were implemented by SUNfarming Eurasia. Commissioning took place in December 2017.
Denizli has about 1 million inhabitants. The province is located about 200 km from the Turkish Aegean coast and is known for its healing waters and thermal baths. The economy of the region consists mainly of the textile industry and winegrowing. The project was developed by the SUNfarming Eurasia team, the property with 69.100m2 is the property of SUNfarming Eurasia.
Kayseri is located about 280 km south-east of the capital Ankara and has about 1.2 million inhabitants.
Develi, a suburb of Kayseri, has about 60,000 inhabitants and lies behind the Erciyes Mountains. The land was leased to 30 years, with a 10-year extension option.
With solar radiation of around 1,600 kWh / kWp in Kayseri and 1,660 kWh / kWp in Denizli, both regions offer the best solar yield for the production of renewable energy and make a global contribution to climate protection.
We are very excited!
Our project “SUNfarming Food & Energy” was selected by an independent jury of experts among the TOP 3 finalists in the category Sustainable Development.
Since its founding in 2008, the GreenTec Awards have become the world’s most important environmental award. Together with more than 120 partners, they offer large and small companies the international stage to present the best projects for environmental protection.
SUNfarming Food & Energy:
Agro-solar greenhouses provide sustainable food, energy, jobs, education
SUNfarming´s unique technology makes it possible to produce economically attractive and resource-efficient food and energy at the same place. The project is providing knowledge transfer in train-the-trainer programmes for students and skills development for people from local communities.
15 agro-solar green-houses have been installed on the campus of the NWU University in South Africa. A team of experts from North-West University and SUNfarming is responsible for the running and training of agro-solar technologies and the research purposes to identify the right crops. The generated solar power is used directly by the university.
Learn more about “SUNfarming Food & Energy”
All finalists can be found online
The first Food & Energy Training Centre in South Africa is a partnership project:
Operating project partner: North-West University Potchefstroom
Co-financing project partner: KFW DEG (Deutsche Investitions- und Entwicklungsgesellschaft mbH)
Coordinator of the project: ALENSYS (Alternative Energiesysteme AG)
Another SUNfarming solar park was successfully completed in November in Roggentin in Mecklenburg Vorpommern. With a total output of 750 kWp, it supplies clean, green electricity for more than 240 households. The CO2 savings of the solar park in Roggentin amount to considerable 443.305 kg / year.
Asked: How much CO2 does a car produce?
Again and again there is talk of the climate killer CO2. The invisible gas is partly responsible for the warming of the climate and transforms our planet into a greenhouse. But although much is discussed, many of us have no feeling for it. How much carbon dioxide – or CO2 for short – does your car produce?
A concrete example: You drive a mid-range car, consumption: 8l / 100km; the tank volume is 55 liters. Since gasoline is lighter than water, this results in about 40 kilograms of gasoline per refueling process. This gas is burned in the engine. In the process, the carbon in the gasoline combines with the oxygen from the air, resulting in CO2.
One kilo of gasoline, which consists essentially of carbon, thus leads to over 3 kilograms of CO2 in the combustion! Thus, there is much more carbon dioxide than the gas weighs. With every tankful of fuel, our car produces about 150 kilos of CO2 (exactly: 144.6 kg) and after just under 9 x full tanks we have produced as much CO2 while driving as our car weighs! With an annual mileage of 12,000 kilometers per year, we blow up twice the weight of our car on average in the air! Even more with super-powered sports cars. Each year.
The CO2 savings of the solar park in Roggentin amount to 443,305 kg / year, as many as 165 cars emit in the example per year.