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Boosting Commercial Success: Greenman Energy Expands Partnership with AIKO’s N-Type ABC Modules

Boosting Commercial Success: Greenman Energy Expands Partnership with AIKO’s N-Type ABC Modules

September 30th, 2024

Düsseldorf, Germany, and Hamburg, Germany, September 30, 2024 – AIKO, a leading solar manufacturer and BloombergNEF Tier 1 company, and Greenman Energy, a key player in sustainable energy solutions, are pleased to announce the expansion of their partnership. Building on previous successful collaborations, Greenman Energy has made a strategic decision to acquire an additional 3MW of AIKO’s high-efficiency N-Type ABC modules. This move underscores AIKO’s technological leadership and Greenman Energy’s commitment to advancing renewable energy solutions for commercial applications.

Maximizing Efficiency in Commercial Applications

The Biesdorf Centre project in Berlin, a major shopping destination, represents one of their significant projects together, where 1.5MW of AIKO’s N-Type ABC modules were deployed. The project demonstrated how AIKO’s technology allows for maximum energy generation in limited rooftop space, providing greater energy capacity compared to traditional technologies.

In the same rooftop space, Greenman Energy was able to install 1.5MW of AIKO’s N-Type ABC modules (465W), compared to only 1.4MW with TOPCon modules (440W). This highlights the superior energy density of AIKO’s technology, allowing for higher capacity in space-constrained commercial and industrial (C&I) applications.

With an expected 30-year life-cycle energy production of 19,658 MWh, AIKO’s modules offer superior performance and reliability, making them the optimal choice for C&I applications. In comparison, AIKO’s N-Type ABC modules reduce Balance of System (BOS) costs by 4.9% and offer a more competitive Levelized Cost of Electricity (LCOE) of 0.027 €/kWh, compared to 0.028 €/kWh for TOPCon modules.

Greenman Energy, in collaboration with its sister company Greenman OPEN, the owner of the Biesdorf Centre and over 90 grocery-retail properties in Germany, integrates sustainable practices and technologies across these assets. Since 2021, Greenman Energy has equipped many of OPEN’s properties with renewable energy solutions, advancing their shared mission of sustainable growth. Maximilian Bley, CEO of Greenman Energy, emphasized the strategic importance of this partnership: “Partnering with AIKO is a strategic choice that aligns perfectly with our goals at Greenman Energy. Their technology provides not only best-in-class efficiency but also the reliability and safety that are crucial for long-term success. We are excited to continue building on this partnership and leveraging AIKO’s products to drive our projects forward.”

Delivering Long-Term Performance and Reliability

AIKO’s N-Type ABC modules are specifically engineered for durability and optimal performance in commercial and industrial applications. The Biesdorf Centre project took advantage of the modules’ microcrack resistance and high-temperature resistance, ensuring reliability and longevity. To account for the rooftop’s heating pumps and other equipment, the installation was carefully designed to reserve enough space for maintenance, avoiding shading issues. This helped to ensure maximum energy output and system efficiency.

Their advanced technology ensures lower degradation, reduced Operation & Maintenance (O&M) costs, and superior safety, making them ideal for C&I rooftop installations.

A Shared Vision for Sustainable Growth

This collaboration between AIKO and Greenman Energy underscores both companies’ shared commitment to delivering innovative and sustainable energy solutions. By combining AIKO’s advanced technology with Greenman Energy’s strategic approach to project execution, they are driving forward the renewable energy agenda in Germany.

As they continue to work together on high-performance solar projects, AIKO and Greenman Energy are poised to set new benchmarks for the commercial and industrial solar sector, providing long-term environmental and financial benefits for clients and partners alike.

About Greenman Energy
Rooted firmly in Germany, the economic heart of Europe, we are driven by a commitment to quality, reliability, and a customer centric approach. The company’s operations span three divisions: Generation & Storage, Trading, and E-Mobility, all contributing to our mission of delivering innovative and sustainable energy solutions. For more information, please visit https://greenman.energy/.

Press Contact
Julia Marks
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j.marks@yes-and.io
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