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ThyssenKrupp Steel Europe Associates with Juwi Group to Provide Solar Power

ThyssenKrupp Steel has declared its intentions to provide construction components with roof-parallel solar PV modules incorporated in them, through its Color/Construction Business unit in association with the Juwi Group.

The Germany- based Juwi Group is a provider of renewable energy systems and its Color/Construction business unit is engaged in the initial planning stage of commercial and industrial buildings. Juwi also offers consulting services for the inclusion of solar power in the building projects.

The proposed solar PV systems include solar modules erected over exclusive roof-parallel substructures that are matched with the roofing components provided by ThyssenKrupp Steel. The solar systems can be utilized both over single-skin type of roofs as well as over roofs made of sandwich panels., The collaboration supplies weather and effective heat insulation and renewable power generation facility for use with sandwich type of roofs. The proposed solar PV modules, designed for installation over the roof top of commercial and industrial buildings, will not only generate power but also bring in additional income to the building owners.

The partnership is planning to provide two types of financing options for those opting for solar installation. Under the first option, the building owner will invest for the roof, own the solar systems and enjoy the benefits of the feed-in tariff structure permitted by law. The second option, will receive funding from a third party investor for the solar installation while the owner of the building will receive rental for the roof area. The partnership will also provide consulting services such as arranging permission for the building authorities and land owners, negotiating with banks for funding and arranging for the installation of the solar energy systems.

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