juwi Group acquires majority stake in Qi Power Limited

The combined entity will greatly improve its ability to provide Engineering, Procurement and Construction (EPC) services for solar PV and wind projects in the Australia, New Zealand, PNG and South Pacific regions.

Since 2012, Qi Power has been pioneering solar energy for remote power supply, focused on some of the world’s largest renewable energy hybrid systems. German based juwi, founded in 1996, is the world’s second largest EPC contractor and developer of solar PV projects (1.35GW), Wind (1.5GW) and Bio energy and now has a presence in all six continents.

Qi Power’s founding Directors, Bertus de Graaf (Chairman) and Andrew Drager (Managing Director) will remain Directors of this innovative company, with an improved capacity to provide cost-effective solar PV and wind projects to the Australia-Pacific region.

Amiram Roth-Deblon, juwi’s Regional Director Asia Pacific, commented:
“We have been supporting Qi Power and other Australian enterprises to tap the great renewable energy potential of the continent and provide independence to businesses and energy users. Qi Power and its team offer unique solutions and their years of experience in the Australian mining and power industry enable seamless integration into power systems and processes of remote industries.”

Roth-Deblon is convinced that the latter can be done with lower power costs than ever before. The new Australian team now combines juwi’s global experience and track record with Qi Power’s deep knowledge of the Australian technical and commercial requirements. This enables the company to offer first class solar and wind technologies to industries and consumers in remote areas as well as EPC services to utility scale grid connected projects.

Roth-Deblon adds: “We are very enthusiastic about Andrew and Bertus becoming part of the juwi - Qi Power team and becoming the driving force of our business in Australia-Pacific.”

Andrew Drager, commented:
“The combination of Qi Power and juwi is an exciting opportunity to provide lower cost renewable energy to a region with some of the world’s highest power costs and the best resources of renewables.
We have been working closely with juwi over the last nine months and have been constantly impressed by their quality of service and expertise, developed over decades. Being united with juwi also allows us to offer utility scale EPC services for both off-grid and grid connected projects. We are excited to be part of this amazing team and will strive to achieve the juwi vision, 100% renewables!”