up to date

hep on track for 2022:

21. June 2022

around 840 MWp of photo­vol­taic pro-jects curr­ently in the late-stage deve­lo­p­ment, procu­re­ment or construc­tion phase

Solarenergie: Leidet die Rentabilität?

Güglingen, 21 June 2022 – hep global GmbH, an inter­na­tional specia­list for the devel-opment, realiz­a­tion and opera­tional manage­ment of photo­vol­taic projects as well as invest­ment manager for solar funds via subsi­dia­ries, is on track in the current fiscal year 2022. Around 840 MWp are curr­ently in the late-stage deve­lo­p­ment, procu­re­ment or construc­tion phase in the USA and Canada. This includes five large utility-scale pro-jects with a nominal capa­city of over 100 MWp each. Construc­tion of these projects, with a total capa­city of 667 MWp and varying levels of vertical inte­gra­tion, is sche­duled to begin in 2023 and be completed by 2024. Further projects with a total capa­city of 120 MWp are in the late-stage deve­lo­p­ment phase and projects with a total capa­city of 52 MWp are under construction.

For the further busi­ness deve­lo­p­ment in the US, the recent decision of US Presi­dent Joe Biden to suspend the circum­ven­tion tariffs on solar modules from Southeast Asia until June 2024 gives rise to confi­dence. hep will use this reli­able envi­ron­ment to continue to consist­ently drive forward the imple­men­ta­tion of projects. At the same time, the diver-sifi­ca­tion stra­tegy within the exis­ting four core markets of the USA, Germany, Canada and Japan will also be accelerated.

In view of the successes in the deve­lo­p­ment and construc­tion of the nume­rous projects, hep sees itself on course to further signi­fi­cantly increase its busi­ness volume and thus also its sales in 2022. A concrete fore­cast will be commu­ni­cated in the context of the publi­ca­tion of the audited conso­li­dated finan­cial state­ments 2021, which are expected to be made avail­able in August 2022 on the company’s website at in the Finan­cial Reports section. As publi­ca­tion will thus not take place until after 30 June 2022, the inte­rest rate for the inte­rest period from 18 November 2022 to 17 May 2023 will tempora­rily increase by 1 percen­tage point from 6.5% p.a. to 7.5% p.a. in accordance with § 7 (b) of the bond terms and condi­tions for the bond 2021/2026 (ISIN: DE000A3H3JV5). The new publi­ca­tion date is due to the fact that the audited conso­li­dated finan­cial state­ments for 2020 were not avail­able until the end of March 2022 and there­fore the prepa­ra­tion of the conso­li­dated finan­cial state-ments for 2021 could not begin until after­wards. The conso­li­dated half-year finan­cial state­ments 2022 will be published on sche­dule in October 2022.