Greencells Group, based in Saarbrücken, is an internationally active provider of EPC and O&M services for large-scale photovoltaic systems. With a total installed capacity of over 3 GWp, Greencells is the leading EPC service provider in Europe.Greencells Group: Sale of ready-to-build projects expected to generate net cash inflows of well over EUR 25 million in 2022, Wallstreet online, March 22. 2022.Solarkonzern Greencells – Unbemerkt zum Überflieger, Handelsblatt, September 22, 2021
Company
History Greencells was founded in Saarbrücken in 2009 and initially specialized in the installation of large-scale photovoltaic systems. In the years that followed, the company developed into an internationally active provider of turnkey EPC (engineering, procurement, and construction) and O&M (operations and maintenance) services for large-scale photovoltaic systems. In 2018, the value chain was expanded to include project development. At the end of 2024, the project development division was successfully sold to a consortium of Davidson Kempner and Nature Infrastructure Capital.
Since 2018, the Zahid Group, one of Forbes ME's Top 100 Family Businesses, has been a strategic investor in the Greencells Group.Portrait des saarländischen Solarunternehmens Greencells, Saarländischer Rundfunk, October 19, 2021 Saarbrücker Solarfirma zieht es in die Ferne, Saarbrücker Zeitung, July 10, 2020.Greencells GmbH, Bloomberg, retrieved September 4, 2022
Services Greencells offers turnkey services in engineering, procurement, and construction (EPC) as well as operation and maintenance (O&M) for solar power plants. The company implements large-scale photovoltaic projects worldwide and supports customers throughout the entire project lifecycle. Construction quality is ensured by, among other things, in-house installation teams at the regional hub in Romania.Ungeplant zum erfolgreichen Solarunternehmen, Saarländischer Rundfunk, 18 October 2021.Greencells GmbH, Bloomberg, May 3, 2021.
Locations Saarbrücken (HQ)Spatenstich für die größte Photovoltaik-Anlage im Saarland, Saarländischer Rundfunk, June 4, 2022. Greencells CEE S.R.L., Cluj-Napoca, RomaniaGreencells Locations, Website Greencells, retrieved September 5, 2022.
Awards Best Issuer SME Green Bonds 2020DGAP-News: Greencells GmbH awarded Best Issuer SME Green Bonds 2020, Börse München, February 2, 2021.
External links Website Greencells Group
References