1Komma5° announces module production in Germany
Post date: 06/10/2023 - 18:50
Hamburg, Germany-based 1Komma5° GmbH plans to start up a solar module factory in either Saxony or Brandenburg in 2024. The company announced that it expects to be awarded a commitment from one of the two federal states »before the end of this year.« A factory with an annual production capacity of initially one gigawatt is then to be built, rising to five gigawatts by 2030.
The company, which offers PV-based energy systems especially for private customers in Germany, Sweden, Finland, Denmark, Spain, Italy and Australia and wants to expand to other markets, says it needs such a capacity just for its own customers »if we reach our goal and can then convert 500,000 buildings per year to climate-neutral power generation, heat and mobility.«
1Komma5° already presented its »own solar module«, i.e. commissioned the production of a module at the end of last year. This module, on the sales figures of which the company does not provide any information so far, »is produced exclusively with polysilicon from Germany.« 1Komma5° has a corresponding agreement with Wacker Chemie AG.
Shortly before its plans for a module production, 1Komma5° reported the investment of a »double-digit million amount« by the venture capital company 2150, based in London, Copenhagen and Berlin. The funds will be used to further develop the »Heartbeat« energy management software and to set up a development center in Berlin with up to 100 jobs.