SOWITEC
SOWITEC is a Germany-based renewable energy project developer founded in 1993 that develops wind and solar projects from greenfield through to operation across 14 countries, selling completed assets to utilities, energy majors, and infrastructure investors.
- Company typePrivate
- Founded1993
- HeadquartersSönnebüll, Germany
- Headcount101–250
- GTM typeB2B
- OfferingServices
What SOWITEC does
SOWITEC group GmbH is a Sonnenbühl, Germany-based renewable energy project developer founded in 1993 that develops wind and solar power projects from greenfield site identification through to operational status, then sells the projects or development rights to utilities, energy companies, infrastructure investors, and municipal utilities (Stadtwerke). The company offers an integrated service stack covering wind and solar resource measurement, topography, environmental and social impact assessment (ESIA), permitting, engineering, commercialisation, EPC-M (engineering, procurement, construction management), and ongoing operations and maintenance, plus new initiatives in hybrid projects with battery storage and Power-to-X. SOWITEC has developed over 50 projects totaling approximately 2,940 MW currently in operation or under construction, with a pipeline of 31,800 MW, and claims approximately 10% of Brazil's total installed wind capacity. The company operates through wholly-owned subsidiaries across 14 countries on five continents, with regional hubs in Latin America (Argentina, Brazil, Chile, Colombia, Mexico, Peru, Uruguay), EMEA (Germany, Netherlands, Kazakhstan, Kenya), Asia Pacific (Thailand), and select additional African markets.
The company generates revenue primarily through transactional project sales at various development stages, supplemented by EPC-M and O&M managed services fees. SOWITEC has been majority family-owned (Frank Hummel as CEO and managing shareholder) since founding, with Vestas Wind Systems A/S holding a 25.1% minority stake acquired in April 2019 alongside a call option for the remaining shares. The company has raised capital through corporate bond issuances on the Frankfurt Stock Exchange Open Market, including a 2018 EUR 15 million bond (later extended to 2026) and a 2023 EUR 25 million Green Bond. Since 2024, SOWITEC has been undergoing operational restructuring with gradual withdrawal from foreign markets, contributing to material write-downs and a strained liquidity position, while continuing to win permits and sign development contracts in core markets.
SOWITEC firmographics
Firmographics- Name
- SOWITEC
- Legal name
- SOWITEC group GmbH
- Website
- https://sowitec.com
- Company type
- Private
- Founded year
- 1993
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- SOWITEC is a Germany-based renewable energy project developer founded in 1993 that develops wind and solar projects from greenfield through to operation across 14 countries, selling completed assets to utilities, energy majors, and infrastructure investors.
- Ownership category
- akta.pro rank
SOWITEC industry classification
Industry- Product category
- Renewable Energy Project Development
- NAICS
- Engineering Services (541330)
- akta.pro primary industry
- Greenfield Site Origination & Land Acquisition (Leases, Easements, Title) (EUAMAAAA)
- akta.pro secondary industries
- Onshore Wind Project Development & Permitting (EUAMACAA), Utility-Scale PV Project Development & Permitting (EUACAGAA), Siting, Resource Assessment & Environmental Tech R&D (Remote Sensing, Wake Modeling, Wildlife Mitigation) (EUAMAOAJ)
Keywords
Where SOWITEC is headquartered
LocationHeadquarters
- HQ city
- Sönnebüll
- HQ country
- Germany
- HQ region
- Europe
Offices12 records
Markets served
SOWITEC business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales
Revenue model
- Project Development and Sale: SOWITEC develops wind and solar projects from greenfield through to operational status, then sells completed projects or development rights to utilities, energy companies, and investors. Revenue comes from project sales at various development stages.
- EPC-M (Engineering, Procurement, Construction and Management): Construction management and oversight services for renewable energy projects
- O&M (Operations & Maintenance): Ongoing operations and maintenance services for operational wind and solar projects
Go-to-market motion1 record
Distribution channels4 records
Marketing channels5 records
SOWITEC product offering
Product offeringCore offering
SOWITEC is a global project developer for renewable energies, specialising in end-to-end development of wind and solar projects from greenfield site identification and resource measurement through permitting, engineering, construction management, commercialisation, and ongoing operations and maintenance. The company develops projects across 14 countries on 5 continents and sells them at various development stages (from greenfield through to operational status) to utilities, municipal utilities, energy companies, and international infrastructure investors.
Product overview
SOWITEC is a renewable energy project development company offering a comprehensive suite of services across the entire project lifecycle, from site identification and resource measurement through to permitting, engineering, construction management, and ongoing operations. The company specializes in wind and solar energy projects, providing integrated services including topography, environmental impact assessment, and commercialisation support. SOWITEC operates globally across 14 countries with a focus on bringing projects from concept through to operational status.
Differentiator
Problem solved
Functional benefit
Products and services
- Project Development End-to-end development of solar and wind renewable energy projects, from initial site identification through to operational status. Sold to utilities, energy companies, municipal utilities, and infrastructure investors.
- Measurement Services Wind and solar resource measurement services to assess site potential for renewable energy projects. Used by project developers and utilities to evaluate greenfield and expansion sites.
- Topography Services Land topography assessment and mapping for renewable energy project sites, used for site layout, access, and engineering design inputs.
- ESIA (Environmental and Social Impact Assessment) Environmental and social impact assessments for renewable energy projects to ensure regulatory compliance with local, national, and lender ESIA requirements.
- Permitting Services Regulatory permitting and approval process management for wind and solar projects across the 14 jurisdictions where SOWITEC operates.
- Engineering Services Technical engineering design and specification services for renewable energy installations, covering wind and solar plant layouts, electrical design, and balance-of-plant engineering.
- Commercialisation Services Project marketing, sales, and commercial structuring services for renewable energy assets, including auction bid preparation, PPA structuring, and offtake negotiation support.
- EPC-M (Engineering, Procurement, Construction Management) Full project execution management including engineering, procurement, and construction oversight for wind and solar projects, sold to project owners and investors.
- New Initiatives (Hybrid Wind / Solar / Storage Projects) Development of innovative renewable energy technologies and hybrid projects combining wind, solar, and battery storage, including Power-to-X applications via partnerships (e.g., Rolls-Royce / mtu solutions).
- O&M (Operations & Maintenance) Ongoing operations and maintenance (O&M) management for operational wind and solar projects, delivered as long-term service contracts to project owners.
Quantifiable outcome
- Developed over 50 projects with 2,940 MW in operation
- +2 more outcomes
Companies that use SOWITEC
Customer profileNamed customers7 records
Segments4 records
Ideal customer profiles3 records
SOWITEC technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
SOWITEC partnerships and signals
Strategic signalPartnerships
Nine partnerships are on record, tiered major and minor.
- AESmajorNew deal signed for expansion of renewable energy in Argentina.
- Cubico Sustainable InvestmentsmajorContract signed for development of renewable energy projects in Mexico with a capacity of 800 MW.
- Rolls-Royce (mtu solutions)minorCooperation on Power-to-X projects for sustainable energy solutions.
- Aker HorizonsminorPartnership with Statkraft and SOWITEC to produce green hydrogen in India and Brazil.
- IberdrolamajorIberdrola acquired SOWITEC Vietnam including a project portfolio of 5 wind projects and one floating solar project totaling 550 MW.
- HydrominorFeasibility study partnership for floating solar project in Brazil.
- BloombergminorBloomberg reported on EDF acquisition of SOWITEC wind projects in Brazil.
- EDFmajorEDF purchased 800 MW wind projects in Brazil and formed joint venture for wind development.
- EnelmajorJoint development agreement for wind projects in Brazil (1,000 MW) and Chile (850 MW).
Scale indicators9 records
Recent moves7 records
Expansion highlights5 records
SOWITEC competitors and assessment
Company assessmentDirect peers
- BayWa r.e. BayWa r.e. is a German-headquartered global renewable energy project developer active in wind, solar, and energy storage across Europe, the Americas, and Asia-Pacific. Like SOWITEC, it develops projects from greenfield through to operational status and sells to utilities and investors, making it the most directly comparable European pure-play developer.
- ABO Wind: ABO Wind is a German renewable energy project developer founded in 1996, specializing in wind and solar project development with international operations. It shares SOWITEC's business model of developing greenfield projects through permitting and selling to offtakers, with a similar focus on European and Latin American markets.
- PNE AG: PNE AG is a German wind and solar project developer with operations in Europe, South Africa, and the Americas. It provides a comparable full-lifecycle development service including project planning, financing, construction, and operation, similar to SOWITEC's integrated offering.
- Encavis AG: Encavis is a Hamburg-based operator and developer of solar and wind parks across Europe. While more focused on IPP operations than pure development, it shares SOWITEC's European renewable energy focus and project acquisition strategy in wind and solar.
Broad incumbents
- Enel Green Power: Enel Green Power is the renewable energy arm of Enel Group and one of the world's largest wind and solar developers. SOWITEC partnered with Enel on Brazilian and Chilean wind development, making Enel both a historical partner and a benchmark global developer.
- Iberdrola Renewables: Iberdrola is one of the world's largest renewable energy developers and a direct customer of SOWITEC (acquiring its Vietnam operations in 2021). Iberdrola's global scale and integrated development-to-generation capabilities make it a key benchmark and a more established competitor.
- EDF Renewables: EDF Renewables is the global renewable energy arm of EDF Group with operations across wind, solar, and storage. SOWITEC sold EDF 800 MW of wind projects in Brazil and formed a joint venture, positioning EDF as both customer and competitor in the global development market.
- AES Corporation: AES is a Fortune 500 global power company with significant renewable energy operations in the Americas. SOWITEC has a strategic partnership with AES for renewable expansion in Argentina, making AES a comparable large-scale renewable developer and offtaker in Latin America.
- Statkraft: Statkraft is Europe's largest generator of renewable energy and a major hydropower operator expanding aggressively into wind and solar. SOWITEC partnered with Statkraft and Aker Horizons on green hydrogen projects in India and Brazil, positioning Statkraft as a peer in European-led international renewable development.
- EDP Renováveis: EDP Renováveis is one of the world's top wind energy operators and developers, with significant presence in Europe, North America, and Brazil. Its global scale and wind development focus make it a relevant broader incumbent peer for SOWITEC, particularly in shared Latin American markets.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
SOWITEC social profiles
Digital presenceSOWITEC compliance and trust
Trust signalCompliance1 record
SOWITEC financial estimates
Financial estimateRevenue estimate
Valuation estimate
SOWITEC leadership team
Management profileNumber of profiles
Profiles2 records
SOWITEC subsidiaries and ownership
Company hierarchySubsidiaries13 records
SOWITEC funding detail
Funding detailFunding overview
Funding rounds1 record
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
SOWITEC M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about SOWITEC
What does SOWITEC do?
SOWITEC is a global project developer for renewable energies, specialising in end-to-end development of wind and solar projects from greenfield site identification and resource measurement through permitting, engineering, construction management, commercialisation, and ongoing operations and maintenance. The company develops projects across 14 countries on 5 continents and sells them at various development stages (from greenfield through to operational status) to utilities, municipal utilities, energy companies, and international infrastructure investors.
Is SOWITEC a public or private company?
SOWITEC is a private company. It is classified as family owned and is currently operating.
When was SOWITEC founded?
SOWITEC was founded in 1993. It employs 101 to 250 people.
Where is SOWITEC based?
SOWITEC is headquartered in Sönnebüll, Germany, in the Europe region.
How does SOWITEC make money?
Three revenue lines are on record. Project Development and Sale is the primary driver. The others are EPC-M (Engineering, Procurement, Construction and Management) and O&M (Operations & Maintenance).
Who are SOWITEC's main competitors?
Direct peers on record are BayWa r.e., ABO Wind, PNE AG and Encavis AG. Broad incumbents are Enel Green Power, Iberdrola Renewables, EDF Renewables, AES Corporation, Statkraft and EDP Renováveis.
Does SOWITEC have an API?
No public API is recorded for SOWITEC.
What industry is SOWITEC in?
SOWITEC's product category is Renewable Energy Project Development. Its primary akta.pro industry code is EUAMAAAA, Greenfield Site Origination & Land Acquisition (Leases, Easements, Title), with a secondary code of EUAMACAA, Onshore Wind Project Development & Permitting. Its NAICS code is 541330.