Regio Energie Solothurn has acquired a 60% stake in Genos Energie AG to strengthen its presence in the renewable energy market, particularly in photovoltaic and energy storage solutions.
Target Information
Regio Energie Solothurn has acquired a 60% stake in Genos Energie AG, a company based in Lohn-Ammansegg. Established in 2004, Genos Energie AG specializes in renewable energy systems. Since early 2017, its focus has shifted towards photovoltaic and energy storage solutions within the regional market. This strategic acquisition aims to enhance the company's footprint in decentralized energy solutions.
Industry Overview in Switzerland
The Swiss energy sector is undergoing significant transformation, driven by national policies aimed at promoting sustainable energy sources. As part of Switzerland's commitment to the Paris Agreement, the government is investing heavily in renewable energies, seeing a substantial increase in the market for photovoltaic systems. With a focus on reducing carbon emissions, the shift to greener energy alternatives is becoming increasingly critical.
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Moreover, the demand for energy storage solutions is on the rise, particularly given the intermittent nature of renewable energy sources like solar and wind. This tren
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Regio Energie Solothurn
invested in
Genos Energie AG
in 2017
in a Other deal