EGing to provide Payem with 100 MW of solar modules under new agreement

“Besides the associated expansion of business, this new partnership is of enormous strategic importance for Payom," commented CEO Jörg Truelsen. "We remarkably broadened the base for our purchasing possibilities now and are able to avoid possible dependencies on only few suppliers by this."

The news comes as the company announces it is seeing strong demand for modules. In a statement, it commented: “The positive framework conditions for the installation of and the trade with solar modules ensure a constant strong demand at Payom Solar AG.”

Truelsen added: “We feel confirmed in our long pursued strategy to focus on industrial and private roofs. With our core competence in the field of roof installations and by our wide range of roof partners we will continue to grow stronger … despite the reduction of feed-in compensation also in the future.”