HIAG and aventron set up the joint venture HIAG Solar in order to increase solar power production on the properties in HIAG’s real estate portfolio in the long term. HIAG holds 49% and aventron 51% of HIAG Solar AG.
With a planned module surface of approximately 65,000 m2 and an output of around 10 MWp, HIAG Solar intends to become a major solar power producer in Switzerland in the mid-term and to successively increase its production capacity. The company is striving for an annual power production of around 10 million kWh and CO2 equivalent savings of around 4.2 million tonnes. The first four plants are already in the planning stage and are expected to start power production in 2021 and 2022.
“The existing and planned properties in HIAG’s real estate portfolio are ideally suited for systematic expansion with photovoltaic systems,” explains Marco Feusi, CEO of HIAG, “power production from renewable energy sources will thus take on an even more important role in HIAG’s sustainability strategy, along with the existing photovoltaic systems and our hydroelectric power plants.”
For aventron CEO Antoine Millioud, HIAG Solar represents a perfect match: “HIAG owns very large roof areas in Switzerland and aventron has proven expertise in the planning, implementation and operation of high-performance solar power plants.”