Featured in Lighting the way – 05-2024

BESS investors must navigate carefully to benefit from boom

Merger and acquisition (M&A) activity has been heating up in Germany but increased competition and high interest rates are affecting renewables project values. Baris Serifsoy, partner at GreenCap Partners, examines the investment landscape in one of the world’s most developed PV markets.
The German Bundestag. | Image: FelixMittermeier/Pixabay

 Germany’s government has been increasing the pace of renewables deployment. The goal of an 80% renewable energy mix by 2030 remains highly ambitious, though, with PV capacity needing to almost triple to reach 215 GW by the end of the decade.The government has launched several initiatives since 2022, including raising developer feed-in tariffs (FITs), releasing …

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