Vattenfall to form new business unit »Photovoltaic & Battery«

photonJuly 4, 2017150

Swedish state-owned power company Vattenfall’s Business Area Wind will now operate with three Business Units (BU): Offshore, Onshore and for the first time Photovoltaic & Battery. The Business Units will cover the entire value chain of their respective business and will operate in a very agile and market specific approach. The newly formed organization started operations with effect from July 1. According to Gunnar Groebler, Head of Vattenfall Wind, the BU Photovoltaics & Battery will invest in the upcoming two years up to €150 million ($170 million) in large scale as well as decentralized PV and battery projects. Claus Wattendrup is new Head of this PV unit.

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