SolarWorld partners with DZ-4 for solar-plus-storage leasing in Germany

SolarWorld AG will advance the leasing of solar-plus-storage residential systems in Germany, in a partnership announced today with lease provider DZ-4. Through the deal SolarWorld will have access to DZ-4’s customer base. DZ-4, based in Hamburg, will own and operate the systems under a 10-year lease.

"We are pleased to now have products the leading German manufacturer for use with SolarWorld," said DZ-4 managing director Florian Bergshausen. "In doing so we can serve customers who value high quality and production in Germany."

SolarWorld will actively market the DZ-4 lease product to its customers, opening the opportunity to serve homeowners who might ordinarily be discouraged by the upfront investment in a solar-plus-storage system.

"With this partnership, we expand our offering to our customers,” said SolarWorld’s Frank Asbeck in a statement. “We deliver the optimum system for customer needs, offer quality made in Germany products that are durable and deliver maximum efficiency."

Solar leasing only accounts for a small proportion of the German solar market. DZ-4 itself is a relative newcomer, having been founded in 2011.

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