Press Release

SUNOTEC and securenergy solutions AG establish joint venture for the development and construction of a 1-gigawatt portfolio in Germany

SUNOTEC, European market leader in the construction of large-scale photovoltaic (PV)- solar plants, and project developer securenergy solutions AG are pooling their expertise and have launched the SECURSUN joint venture.
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Following a long-standing partnership, SUNOTEC, the international general contractor for the
construction of large-scale solar plants, and the German project developer securenergy solutions
AG have joined forces via the joint venture SECURSUN. The joint objectives have already been
worked out: By 2026, the newly founded company will realize renewable energy power plants with
a total capacity of at least one gigawatt. This will generate twice as much electricity as the Niehl 3
plant in Cologne, one of the largest conventional natural gas heating plants in Germany. The solar
parks will be connected to the grid and operated by SECURSUN. The portfolio consists of currently
45 photovoltaic projects with individual project sizes ranging from 2 to 220 megawatts with
estimated completion dates between 2023 and 2026. The majority of the projects are to be
operated on a PPA (power purchase agreement) basis. Other parts of the portfolio will participate
in the upcoming tenders under the Renewable Energy Sources Act (EEG). The first photovoltaic
projects are expected to go into construction as early as the end of the year.

SECURSUN

Bernhard Suchland, CEO SUNOTEC, explains: “With the merger of the two companies, we will
henceforth have specific and easily combinable know-how at different levels. We have recognized
this potential and are determined to use it. According to the climate protection targets of the
German government, the share from renewable energies must almost double within less than ten
years. So we still have to gain significant momentum.” The joint venture partners look back on their
many years of experience.

“We have combined our individual strengths through the new joint venture. Accordingly,
SECURSUN will be able to handle and serve the topics related to the individual project phases of
the solar parks in planning even faster and more efficiently in the future,” says Holger Stabernack,
CEO of securenergy solutions AG.