06/4/2025-Solar Energy Investment News & People Moves
- Viridian Energy
- Apr 5
- 3 min read
Trump's Tariffs May Dim Solar Sector's Future Amid Rising Energy Demand

President Trump's recent imposition of a universal 10% tariff on global imports, with higher rates for certain countries, aims to reduce U.S. dependency on foreign goods.
While intended to bolster domestic industries, these tariffs risk significant global economic repercussions, including increased costs for renewable energy projects. The solar sector, in particular, faces challenges as higher import costs could hinder growth and investment in clean energy initiatives.
NORD/LB and EIB Forge €165 Million Partnership for Renewable Energy in Europe

NORD/LB and the European Investment
Bank (EIB) have entered a €165 million partnership to support small and medium-sized renewable energy projects across Europe, focusing on photovoltaic, onshore wind, and battery storage systems. This collaboration aims to accelerate the energy transition and bolster climate protection efforts.
25 Years of the Renewable Energy Act (EEG): A Personal Reflection
The Renewable Energy Act (EEG) celebrates its 25th anniversary, marking a significant milestone in Germany's energy policy.
The legislation has been instrumental in promoting renewable energy sources, leading to substantial growth in the sector and positioning Germany as a leader in sustainable energy.
ABO Energy Strengthens Foundation for Profit Growth

ABO Energy reported a net profit of €25.6 million for the 2024 fiscal year, the second highest in the company's history.
With an expanded pipeline of wind, solar, and battery projects, the company anticipates increased profits in the coming years, projecting a surplus between €29 and €39 million for 2025 and around €50 million annually from 2027 onwards. A dividend increases to €0.65 per share has been proposed.
FENECON Sets Course for Future Growth

FENECON, a leading provider of energy storage and smart energy management systems, secured a €40 million syndicated loan to drive innovation and accelerate growth.
Arranged by UniCredit Bank with participation from Commerzbank, Norddeutsche Landesbank, DZ BANK, and Sparkasse Deggendorf, the financing underscores the company's strong market position. Additionally, Stefan Feilmeier has been appointed as Deputy Managing Director, and the company's headquarters have been relocated to Iggensbach.
David Willemsen becomes COO of Tion Renewables

David Willemsen assumes the newly created role of Chief Operating Officer (COO) of the Tion Renewables Group ("Tion").
Willemsen, who held the position of Chief Commercial Officer (CCO) since April 1, 2024, will be responsible for the Performance Management division, comprising internal asset management and electricity marketing, as well as IT and data management.
The industrial engineer has been working in the renewable energy industry since 2010. As COO, the 38-year-old oversees internal asset management, the purchase of electricity from company-owned plants (collectively: Performance Management), and IT and Data Management.
Thomas Dorsch joined Schletter Group as the Global Director of Sales

Thomas Dorsch has recently joined the Schletter Group's management team as the Global Director of Sales for Ground-Mount systems.
With over ten years of experience in international solar sales, business development, and senior leadership, he has a proven track record of driving significant revenue growth and strategic market expansion. His extensive expertise and network in the European photovoltaic sector are expected to strengthen and expand Schletter's global sales organization in the utility-scale ground-mount segment. The Schletter Group has officially welcomed him to their team.
Eric Herrmann has been promoted to head of EPC at IBC Solar

Eric Herrmann has been serving as the Head of Central Operation & Engineering at IBC SOLAR.
Prior to this role, he held the position of EPC Program Manager at IBC SOLAR Energy. While there is no publicly available information confirming his promotion to the head of EPC at IBC SOLAR, his current role suggests significant leadership responsibilities within the company's engineering and operations divisions.
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