Press release: ENVIRIA and bauwo jointly accelerate sustainability in logistics real estate

The 360-degree solar service provider ENVIRIA and the real estate developer bauwo have launched a cooperation to accelerate the sustainable transformation of logistics properties. The two companies are realizing two large photovoltaic roof systems in the Greven and Berkhof logistics parks, which together will produce over 6.5 million kilowatt hours of green electricity annually and thus make a significant contribution to reducing CO2 emissions.

Construction work has already begun on the approx. 70,000 square meter roof area at the Greven logistics park and, with a capacity of 6,075.81 kilowatt peak and an annual production of around 5.3 million kilowatt hours, promises to save almost 2.5 million kilograms of CO2 per year. The project in Berkhof is similarly ambitious and is scheduled for implementation in the first quarter of 2024. With a plant capacity of almost 1,500 kilowatt peak, more than 1.2 million kilowatt hours of clean electricity are to be produced annually, saving over 578,000 kilograms of CO2.

Sustainability as the core of the corporate strategy

bauwo is pursuing a stringent sustainability strategy, which is now taking on a new dimension with the direct integration of photovoltaics into the development of its logistics properties. "The realization of these PV projects is a milestone in our sustainability efforts. By cooperating with ENVIRIA, we are taking our commitment to a new level and showing what is possible when know-how and responsibility come together," explains Bernhard Rückert, Managing Director of bauwo. He adds: "We not only want to lease the roofs of logistics halls, but also invest in an independent renewable energy division ourselves."

A pilot project with a signal effect

The joint pilot project of bauwo and ENVIRIA is just the beginning of a long-term partnership. The companies want to implement solar systems for tenant electricity supply and surplus feed-in across bauwo's entire range of properties. Further projects with a total output of around 25 megawatts peak are already being planned for 2024.

Melchior Schulze Brock, Managing Director of ENVIRIA, is enthusiastic about the collaboration: "The partnership with bauwo is great proof that economic success and ecological responsibility can go hand in hand. Our vision of a sustainable energy supply becomes tangible through such projects, and we are proud to be at the forefront of this movement with bauwo."

The cooperation is a prime example of how the development of logistics real estate can merge with innovative PV development to create sustainable and future-proof business models.

ENVIRIA provides a radically simple way to shift to solar power and is one of the fastest growing companies in the European solar market. ENVIRIA’s scalable Energy-as-a-Service solutions enable companies to switch to renewable energy, without necessarily making any investments themselves. The start-up covers the entire solar value chain and takes on the planning, installation and operation of new photovoltaic systems and the integration of charging stations and energy storage for its customers. In this way, ENVIRIA boosts the participation of companies in the energy transition and supports the democratization of power generation.

To date, ENVIRIA has developed more than 200 commercial projects with an installed capacity of over 70 MW. In 2022 alone, more than 41,000 tons of CO2 emissions were saved. In 2022, ENVIRIA was included in the “SET100 list” of the world’s 100 best startups in the energy sector and was recognized with the Hessian Founder’s Award for “Social Impact” in 2021.

bauwo Grundstücksgesellschaft is an owner-managed real estate project developer operating nationwide with a focus on logistics properties. In addition, bauwo also develops hotel and office properties in northern Germany. A team of around 20 employees plans, finances and realizes commercial real estate projects – from the purchase of land to completion according to user requirements.