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Press Release

Herausgeber: juwi Holding AG

juwi Leads the Way to an Energy Transition With Great Strides

- Renewable energy specialist creates approx. 500 jobs in 2011
- For the first time, the turnover exceeds one billion Euro

Wörrstadt - Worldwide, the energy supply is at a turning point: towards renewable energies and a decentralization of the energy market with independent customers. The juwi group (Germany), a specialist for renewable energy, leads the way. \"Decentralized renewable energy gives consumers independence from incalculable world markets for limited raw materials. With renewable energy, people can create clean and inexpensive power — in their region or at home. This is the aim, this is a chance — for the people, for the economy\", explain juwi CEOs Fred Jung and Matthias Willenbacher. After creating 350 jobs in 2010, the project developer wants to add another 500 employees to its workforce of 1,100 in 2011. The turnover is expected to increase from approx. 800 millions in 2010 to more than 1.1 billion Euros in 2011. juwi was founded 15 years ago by Jung and Willenbacher - in the anniversary year new subsidiaries are going to be opened worldwide. The company’s headquarters offers workspace for more than 700 employees and is going to be extended once again in 2011.


Rising demand for wind, solar and bio energy

The demand for wind, solar and bio energy increases steadily. The juwi Wind GmbH plans to construct turbines with a total output of more than 300 megawatts (MW) this year. In the solar sector, solar power plants with a total output 330 MW shall be installed worldwide in 2011. Overall juwi will realize solar power plants in 16 countries on five continents. With 200 MW the focus is in Germany. One of the most prominent projects is the extension of Lieberose solar park with an additional 18 MW. With then 71 MW, Lieberose would be the second largest solar park in Germany and the world\'s fourth largest. In addition to wind and solar, bio energy is going to be developed on a large scale in Germany – with up to four wood pellet and briquetting plants (with an annual total capacity of approx. 180,000 tonnes), a wood chip heating plant and with up to three biogas plants. Not only municipalities, but also more and more companies are interested in renewable energy. juwi has constructed one of the world’s largest rooftop solar power plants on the roof of the tyre manufacturer Goodyear Dunlop (output 7.4 MW) in Philippsburg. Solar carports are in high demand as well – companies use these to roof over car parks and to produce clean energy.


Decentralized energy – worldwide

To meet the rising demand, juwi establishes new subsidiaries worldwide. In Brandis (not far from Leipzig), juwi created a new office building for up to 100 employees. juwi plans to construct additional German offices for up to 100 employees in Thuringia and Brandenburg. At the same time, juwi creates additional international subsidiaries. \"We entered into new, promising markets such as India, South Africa, Great Britain, Bulgaria or Chile and extend our business in the countries in which we are already active. Our goal: an internationalisation of regionalization\", says COO Jochen Magerfleisch. More than half of the turnover is going to be generated abroad by the end of 2011. In Great Britain (location Birmingham), juwi plans to create up to 60 jobs by the end of 2012 and wants to construct solar power plants with a total output of 60 MW. In India (location Bangalore), juwi has the construction of solar power plants with a total output of up to 100 MW on the agenda. In South Africa and Chile, juwi initially focuses on wind energy. The company plans to construct wind turbines with a total output of up to 200 to 300 MW. juwi makes headway in Costa Rica as well. The project developer has constructed one of the biggest wind parks of the country in 2009. Now, a second wind project is build near the capital city San José: 17 turbines with a total power of 15,3 megawatts.


Renewable energies have price dampening effect

Renewable energies do not increase electricity prices – as is argued from time to time – but on the contrary have a price dampening effect at the European Energy Exchange (EEX). Take the example of Germany: wind and solar power systems increasingly push expensive, conventional peak load power stations out of the grid and thus clearly lower the prices at the EEX. That is especially visible in times of strong wind. A large amount of power is generated by wind turbines and fed into the grid, as a result electricity prices at the stock exchange reach zero. Solar power systems have a similar effect. Take the following example: The total output of all German solar power systems on September 6, 2010 at noontime amounted to approx. ten gigawatt; this corresponds to the total output of five nuclear power plants. \"The question is - what do we want: a few market dominating companies or an independent and decentralized energy supply with renewable energies – and with it a clean, secure, fair and inexpensive electricity supply which boosts competition and – with regional value creation - the local economy\", says juwi CEO Matthias Willenbacher. juwi implements decentralization concepts – creating comprehensive and tailored 100% RE concepts for regions, municipalities, companies and individuals.


The juwi group

juwi is one of the world\'s leading specialists for renewable energy. The company (http://www.juwi.com) was founded in 1996 by Matthias Willenbacher and Fred Jung. The CEOs have developed juwi from a two-man office to a company acting worldwide with more than 1,100 employees and a revenue of approx. 800 million Euros (2010). Besides solar, wind and bio energy, company activities include hydropower and geothermal energy. In the wind energy sector juwi has constructed more than 450 wind turbines with an output of more than 700 MW; in the solar sector more than 1,500 solar power plants with a total output of more than 700 MW. The juwi group is headquartered in Germany and has subsidiaries in France, Italy, Spain, the Czech Republic, Greece, Poland, Great Britain, India, the USA and Costa Rica. juwi is one of Germany\'s best employers. The company was among the TOP 20 in the renowned competition \"Great Place to Work\". \"We developed into one of the most sought-after employers in the energy sector. Only in 2010, we received approx. 18,000 job applications\", says Magerfleisch.

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Wörrstadt, March 1, 2011


Publication and Reprint free of charge; please send a voucher copy to
the juwi Holding AG.

Attention editorial offices: For further questions please contact Mr.
Ralf Heidenreich, Press Officer, juwi Holding AG.

Energie-Allee 1
55286 Wörrstadt
Tel: + 49 (0) 6732 - 96 57 1207
Fax: + 49 (0) 6732 - 96 57 7001
Mobil: + 49 (0) 173- 6598211
Mail: heidenreich@juwi.de
Internet: http://www.juwi.de



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