juwi Group acquires majority stake in Qi Power Limited

Purchase enables juwi Group to provide engineering, procurement and construction services for solar PV and wind projects in the Australia, New Zealand, PNG and South Pacific regions.

The new Australian team now combines juwi’s global experience and track record with Qi Power’s deep knowledge of the Australian technical and commercial requirements. This enables the company to offer solar and wind technologies to industries and consumers in remote areas as well as EPC services to utility scale grid connected projects.

“We have been supporting Qi Power and other Australian enterprises to tap the great renewable energy potential of the continent and provide independence to businesses and energy users," said Amiram Roth-Deblon, juwi’s regional director Asia Pacific. "Qi Power and its team offer unique solutions, and their years of experience in the Australian mining and power industry enable seamless integration into power systems and processes of remote industries.”

Qi Power’s founding directors -- Bertus de Graaf, chairman; and Andrew Drager, managing director -- will remain directors.

“The combination of Qi Power and juwi is an exciting opportunity to provide lower cost renewable energy to a region with some of the world’s highest power costs and the best resources of renewables," Drager stated.

Since 2012, Qi Power has been pioneering solar energy for remote power supply, focused on some of the world’s largest renewable energy hybrid systems. Germany-based juwi, founded in 1996, is the world’s second-largest EPC contractor and developer of solar PV projects (1.35GW), wind (1.5GW) and bio-energy, and now has a presence across all continents.

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Bioenergy  •  Energy infrastructure  •  Photovoltaics (PV)  •  Solar electricity  •  Wind power