Axpo Aims For 10 GW Solar By 2030

Swiss Utility To Expand Solar Portfolio About 20 Times Its Size By 2030 Mostly Abroad

Axpo Aims For 10 GW Solar By 2030

Axpo’s 10 GW solar capacity plans envision use of around 10,000 hectares surface area to set up the projects, including greenhouses like the one in this picture. (Photo Credit: Axpo Holding AG)

  • Axpo has announced plans to increase its solar power portfolio by 2030 to 10 GW
  • It includes 200 MW to be established within Switzerland in the form of around 10,000 projects
  • 4 GW is planned to come up in the 3 nations of Spain, Italy and Poland where projects are already under development
  • Solar plants will be set up on some 10,000 hectares of space including vehicle parking lots, large rooftops, greenhouses and facilities already in use

Switzerland based electricity utility Axpo plans to grow its solar power portfolio, about 20 times its size today, to 10 GW by 2030, with an initial 4 GW to be developed in the markets of Spain, Italy and Poland.

Deployment of this 10 GW capacity is planned to cover some 10,000 hectares of surface including vehicle parking lots, large rooftops, greenhouses and facilities already in use. Currently, the group says it markets about 19.7 GW of solar and wind energy for its customers across Europe.

“The Axpo Group’s substantial know-how in this area covers the entire solar value chain – from plant planning and construction to the marketing of solar power,” said Axpo’s Head of Renewables, Christoph Sutter. “This enables us to continue growing in important markets such as Spain, Italy and Poland.” In Poland, it recently signed up to procure 300 MW solar power capacity from R.Power (see Axpo To Offtake 300 MW Solar In Poland).

For the 4 GW capacity, it says solar projects are already under development in the 3 countries and expected to create around 100 jobs over the next 18 months. In other countries like France where it is present through subsidiary Urbasolar, Axpo said it is researching the feasibility of setting up similar projects.

The Swiss utility also has plans for its home turf where it expects to develop around 200 MW of approximately 10,000 new solar plants by 2030. In Switzerland, Axpo operates through its solar subsidiary CKW in the rooftop PV space.

About The Author

Anu Bhambhani

SENIOR NEWS EDITOR Anu is our solar news whirlwind. At TaiyangNews, she covers everything that is of importance in the world of solar power. In the past 9 years that she has been associated with TaiyangNews, she has covered over thousands of stories, and analysis pieces on markets, technology, financials, and more on a daily basis. She also hosts TaiyangNews Conferences and Webinars. Prior to joining TaiyangNews, Anu reported on sustainability, management, and education for leading print dailies in India. [email protected]

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