As the European market matures and offers investors slow, steady growth (instead of the spectacular growth of recent years), investors and developers are looking to finance projects in markets that promise growth.
That’s where the United States comes in.
The U.S. market is white hot, and the growth in the past few years has encouraged new companies from around the world to enter it. And now a 91-year old German company has joined the market as a developer.
Bay Wa re Solar Projects, a division of German conglomerate Bay Wa, purchased Martifer Solar in July to become instant competitors in the development market. So we invited Noah Eckert, Bay Wa’s chief commercial officer, to explain what made the U.S. market attractive and why they feel it’s a good long-term investment.