Germany’s DWH (Deutsche Werte Holding AG), driven by favorable prospects seen in Greece’s solar energy sector, has joined Greek holding company Maximus Terra, involved in various local RES sector projects – solar, wind, biomass and biogas energy – since 2010.
During these years, Maximus Terra has collaborated with major groups such as Italy’s Enel, as well as Libra Group, headquartered in the USA.
DWH was drawn to the Greek market by solar energy projects with a total capacity of 200 MW currently being developed. The German company plans to co-finance these.
DWH is interested in license trading as well as project development. It estimates that a 25-MW station has the potential to generate revenues, from electricity sales, of up to two million euros per year.
Depending on the strategy it chooses to follow, the German company is anticipating short-term profit from license trading activity or annual profits of roughly 17 million euros through the development of photovoltaic systems.