German renewables company Juwi said it will shed 80 jobs in a further restructuring to concentrate on its core project development, as well as its engineering, procurement and construction (EPC) businesses in its German home market and abroad.
The Wörrstadt-based company will
also completely pull out of Spain, where it was active in the solar sector.
Juwi said it will give up several
business areas that it could only firmly establish in the market with a very
high financial effort.
Among them are battery-storage
system services for home owners, and the provision of own solar mounting
systems to clients, a Juwi official told Recharge.
“A year after the reorganisation
of the group, we have made many positive experiences with the new structure,
but we have also learned that not all is perfect yet,” Juwi’s founders Fred
Jung and Matthias Willenbacher, said in a joint statement.
Juwi in its previous restructuring
had given up most of its German solar business to focus on PV in overseas
markets, while increasingly shifting toward onshore wind projects in Germany,
where it boosted its new wind installations to 350MW in 2013 from 250MW a year
The company in the new round of
restructuring will lay off about 50 people in Germany and some 30 in the rest
Employees in Spain have already
been notified in December of the cessation of activities there. Spain’s
government with a series of cuts to the support system for renewables and extra
taxes on energy in recent years has brought new solar and wind installations to
As far as possible, employees will
be given other tasks within the company, human resources chief Jochen
Juwi expects to complete the
restructuring by June 30, 2014.