SolarWorld + DZ-4 Partnering for Solar + Storage Residential Leasing in Germany
The noted solar manufacturer SolarWorld is partnering with the solar-lease provider DZ-4 to bring solar + battery residential-systems to the German market, as per recent reports.
As per what’s been revealed so far, interested potential customers will have the option of entering into a 10-year lease-agreement with DZ-4 — an agreement that’ll provide said customers with a SolarWorld solar + storage residential setup.
Worth noting is that the Hamburg-based DZ-4 will be the sole owner and operator of said SolarWorld systems during the lease-term.
“We are pleased to now have products (from) the leading German manufacturer for use, with (the new partnership with) SolarWorld,” stated DZ-4’s managing director Florian Bergshausen. “In doing so we can serve customers who value high-quality and production in Germany.”
SolarWorld, in turn, will be marketing the new lease product directly to potential customers — thereby potentially netting customers that would otherwise get free, owing to the notable upfront costs associated with full ownership.
“With this partnership, we expand our offering to our customers,” noted SolarWorld’s Frank Asbeck, in a press statement. “We deliver the optimum system for customer needs, offer quality made in Germany products that are durable and deliver maximum efficiency.”
Well, that’s arguable of course — but the new partnership is fairly interesting. As it stands, solar leasing makes up a fairly insubstantial portion of the total German market — so perhaps the new partnership will spur some competition. Or perhaps it will not.
With the continuing economic problems facing the Eurozone, the next year (and those coming afterwards) should be fairly interesting…. There aren’t any solid predictions that I’m willing to make at this point as far as that goes, though.
Image Credit: SolarWorld
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