After suffering a steep decline in the construction of ground-based PV arrays in its German home market due to land-use restrictions and support cuts, global developer Juwi found itself in a financial crisis.
Last year its future looked brighter when Juwi announced that regional utility MVV would take a 50.1% stake in the company.
Under its new majority owner, as well planning its global strategy Juwi must navigate a German renewables sector that is rapidly being reshaped by the introduction of PV array tenders.
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