ib vogt is a leading utility-scale solar developer with projects worldwide. The company operates under a full-service provider business model which enables it to develop, own, and operate solar and battery storage projects.
ib vogt has established itself as a developer of solar farms worldwide, and Romania represents one of its key markets in Central-Eastern Europe. What can its assets and PPA solutions offer to energy buyers and what value do they bring in the Romanian context?
Our Power Purchase Agreement (PPA) solutions allow energy buyers in Romania to reduce their carbon footprint and their energy costs. This is particularly important in a country where fossil-fuelled power generation still holds a large share in the overall power generation mix.
Our worldwide track record shows our experience and expertise in greenfield development, construction, and operation of solar assets. These capabilities are all deployed in Romania and available today, allowing us to reliably provide green energy and carbon reduction solutions, as well as cost reductions to the buyers of our power via PPAs. A flexible approach to price, volume, and tenor structures for our PPAs means we can deliver solutions tailored to the needs of the buyers across different sectors.
The growing pipeline in the CEE region puts us in a position to serve an increasing customer demand and will enable ib vogt to forge strategic partnerships with our customers. These partnerships will help to steadily provide carbon reduction and cost reduction power supply solutions.
What factors contribute to the comprehensive nature of ib vogt's services in the Romanian development market?
Our unique blend of integrated capabilities, spanning from engineering, procurement, and construction (EPC) to operations and maintenance (O&M) all contribute to the comprehensive nature of ib vogt’s services in Romania. This integrated approach allows us to deliver end-to-end solutions that ensure not only successful project execution, but also the long-term reliability of our solar farms.
In Romania's dynamic energy landscape, our integrated capabilities empower us to navigate regulatory frameworks, local market intricacies, and technical challenges. This translates into a substantial value proposition for our partners and clients. ib vogt stands ready to address the specific needs of the Romanian market through our experts in the field, vast experience, and commitment to sustainable energy development.
What other activities is ib vogt carrying out in the wider CEE region?
ib vogt has a global pipeline of over 45 GW capacity of projects under development, of which around 4 GW capacity are located in the Central and Eastern European region. That means we secure land and grid connections, conduct environmental and geological studies, look for partners and interested organisations to buy clean renewable energy. We also have multiple sites under construction and operation in the region as well as offices in Latvia, Poland, Czechia, Hungary, Romania, Bulgaria and Slovakia.
As a leading developer, investor, owner and operator of solar solutions, our commitment to sustainable energy transcends borders, as we continue to contribute to the growth and transformation of energy landscapes across the CEE region. Romania has a huge potential, and we are working hard to bring more solar power to the country.