About BayWa r.e.
At BayWa r.e. we r.e.think energy - how it is produced, stored and can be best used to enable the global renewable energy transition that is essential to the future of our planet.
Based in 30 countries, with revenues of almost €3.6 billion, BayWa r.e. is a leading global renewable energy developer, service provider, distributor and energy solutions provider, and is actively shaping the future of energy.
BayWa r.e. delivers end-to-end project solutions, ongoing operations management and is an Independent Power Producer with an expanding energy trading business. Using our innovation, creativity and expertise, we have successfully brought over 5 GW of renewable energy online, while managing over 10.5 GW of assets.
BayWa r.e. is working with businesses and organisations worldwide to provide tailored renewable solutions that reduce carbon footprints and drive down energy costs.
Operating 100% carbon neutral, we are also committed to our own sustainability journey and are driving forward multiple initiatives globally.
A leading global supplier to the solar distribution market, BayWa r.e. is a preferred partner for thousands of installers and contractors.
Embracing equity and diversity, we are committed to creating inclusive environments where everyone can reach their full potential. Every day, we are working hard to find new solutions, push technological boundaries and redefine service standards to make renewable energy even better.
Our joint shareholders are BayWa AG, a globally successful business with revenues of €19.8 billion, and Energy Infrastructure Partners, a market leader in energy infrastructure investment that manages over €5 billion from global investors.
We are part of the BayWa Group, a family of globally successful businesses with revenues of EUR 19.8 billion, originally founded in 1923.
Headquartered in Munich, BayWa specialises in trading, logistics and services within the agriculture, energy and building materials market.
During the company’s 90 year history, BayWa has been providing market leading solutions within food, energy and the built environment that have been helping to address some of the biggest challenges faced by society.
The energy division is the second-largest, with all the activities for renewable energy concentrated within BayWa r.e.
As a closely integrated group of businesses, working across complimentary markets, we are able to draw on an incredible depth of global shared learnings and expertise that often sees us collaborating on projects to the benefit of our customers.
While BayWa has had a long and successful history, the future looks even brighter. Now, as when first founded, trust, stability and innovation remain our core values.
BayWa r.e. Corporate Facts
countries we are based in
million € turnover (2021)
Explore our history
The journey begins
Erich Hau, one of the pioneers of wind energy, founds ETAPLAN (which became renerco renewable energy AG, a predecessor of BayWa r.e.). The company takes part in the planning of wind energy projects in Germany.
ETAPLAN supports the development of the first largescale commercial wind park in North Friesland (Germany).
Aim high, be innovative
What would become BayWa r.e. Solar Energy Systems (Germany) and Solarmarkt GmbH (Switzerland) install first photovoltaic modules.
Turning biomass into energy
As a pioneer in bioenergy, Aufwind Neue Energien, the predecessor of BayWa r.e. Bioenergy GmbH begins the planning, construction and operation of multiple bioenergy plants across Germany.
First construction of wind park
Expertise in turnkey construction stretches back over decades. At a location steeped in history, renerco AG builds its first wind park at Kaiser-Wilhelm-Koog. Here, Germany’s first wind park was opened in the 1980s. Today, it is home to the biggest wind testing field in the world.
Expansion into other European markets comes quickly with the first international wind park developed in the Aragón region of Spain. The 132 turbines have an output of 99 MW.
Flying high in Austria
Construction of the biggest alpine wind park in Europe. The wind park Steinriegel (Austria) is located 1,600 m (5,249 ft) above sea level – a challenge for construction and operation, but one BayWa was up to.
First major bioenergy project
With the biomethane plant in Pliening, Aufwind Erneuerbare Energien realises the first feed-in of biogas into the German natural gas grid. The company (today, BayWa r.e. Bioenergy GmbH) has been leading the market ever since.
Build them big
Construction of the company’s first megawatt-class solar park, the open field plant Koenigsbrueck, Germany.
Market entry USA
Entering the American solar trade market is successful and growth is quick. Going the extra mile for installer customers has always been a source of pride and that same commitment to offering expert advice still sets the business apart today.
Success breeds success
2011, sees expansion into the US business to include wind projects. Part of the portfolio was the Snyder wind park in Texas, whose wind turbines are mounted on 345 ft towers making these turbines the tallest in the U.S.
Birth of the BayWa r.e. brand
The BayWa AG business activities for renewable energy come together under one brand: BayWa r.e. renewable energy. It marks a milestone for us. From here on, we grow together as a single business with our customers benefiting from our combined expertise and knowledge.
A ballade to green energy
Our third large-scale wind project in the USA is the wind park Brahms in New Mexico. It was constructed in a record time of just five months and generates just under 20 MW.
The future is solar
Photovoltaic capacity installed worldwide amounts to approximately 200 GW that year. That is equivalent to almost half of all nuclear power stations in the world.
BayWa r.e. goes East
Global growth in renewables spreads east, primarily to Asia. BayWa r.e. is quick to recognise the trend and opens offices in Tokyo and Bangkok.
Record holder BayWa r.e.
Wind park Guggenberg, in Germany, is the tallest built by BayWa r.e. to date. Its total height is just under 200 m.
BayWa r.e. Down Under
Global expansion continues with BayWa r.e. opening new offices in Australia. Our business grows quickly as we put ourselves at the forefront of the fifth continent’s exciting transition to renewable energy.
Bringing the future to Zambia
Our remote and off-grid expertise takes us to Africa where we are making a real difference to the daily lives of local communities. Through the Future Farm project in Zambia, undertaken together with BayWa AG, we installed a photovoltaic system to power the irrigation system for local farmers.
Finding your energy solution
All our renewable energy expertise and experience of working with corporates from around the world comes together with the launch of our Energy Solutions division. Across power, heat and mobility, we are helping businesses to reduce their carbon footprint and drive down their energy costs.
Leading service provider
Energy Systems Services (ESS), one of Italy’s leading renewable energy operations management companies, becomes part of BayWa r.e. With this acquisition, we are now the largest service provider in Italy.
Entering new markets
BayWa r.e. acquires 70% of GroenLeven Group, the leading developer for solar plants in the Netherlands, with a project pipeline of more than 2 GW. This marks our entry into this exciting and important European market.
Australian beer from green energy
Carlton & United Breweries (CUB) takes an important step towards its commitment to source 100% of its electricity from renewables by signing a long-term PPA with BayWa r.e.
Market entry in Mexico
Our partnership with the country’s leading solar distributor enables us to tap into this exciting and fast-growing market.
Taking strides towards a subsidy-free era
The year begins with the sale of our 175 MW Don Rodrigo plant in Spain, the first subsidy-free PV plant of its size in Europe. The year ends with the closing of a Virtual Power Purchase Agreement (VPPA) with AB InBev, which is the largest Pan-European corporate solar power deal in history.
Driving innovation with ambition
Despite the challenges of a global pandemic, it is a year of growth as BayWa r.e. becomes present in 28 countries. It is also a year of innovation as we become a leader in Floating-PV, building the three largest projects in Europe, and pioneer in Agri-PV, harvesting the synergies of food and energy production.
The decade that matters
The largest transaction in BayWa’s corporate History closes and we welcome Energy Infrastructure Partners (EIP) as a new investor in BayWa r.e. AG. We continue to r.e.think energy in the decade that matters, and call for action not words as the world faces the reality of the climate crisis.
EMEA: A strong offshore foundation
BayWa r.e. secured the rights to develop a floating offshore wind farm with a capacity of ca. 960 MW off the Scottish coast, supporting up to 3,900 jobs. This was followed by offshore projects in France, Italy and other markets, pushing potential total volume to more than 2.5 GW. BayWa r.e. also issued Europe’s first-ever tender for CPPAs by a developer, totalling 10 terawatt-hours over 10-year contracts.
APAC: Full sail ahead
BayWa r.e.’s exponential growth in the APAC region continued in 2022: the opening of our wind projects office in Vietnam strengthened BayWa r.e.’s position as a key renewable energy developer in the country. Our Solar Distribution business entered Malaysia, further facilitating solar energy throughout Southeast Asia by providing top-tier solar components. And in Australia, we kept expanding our product offering by introducing Standalone Power Systems into the market.
AMER: U.S. thriving on sunshine
BayWa r.e. proceeded to grow its footprint in the U.S. market by selling the 266 MWdc/200 MWac Corazon I Solar plant and the 200 MW/400 MWh Guajillo storage project. With more than 500GWh a year, Corazon I is one of the largest installations in the state of Texas and can power more than 38,000 households, while reducing about 250kt of CO2 emissions annually. This transaction allowed us to reinvest capital into the development pipeline across the country.