Max Bögl Wind AG acquires shares in Naturspeicher GmbH

17.05.2019

Max Bögl Wind AG, manufacturer of hybrid towers, took over all shares in Naturspeicher GmbH on 10 May 2019. With the purchase, the supplier of large storage facilities will thus become part of the Max Bögl group of companies. The sole Managing Director of Naturspeicher GmbH is Josef Knitl, also a member of the Executive Board of Max Bögl Wind AG. With this merger, the companies intend to bundle their expertise in climate-neutral energy generation and storage. The aim is to expand the company's position on the global growth market.

Max Bögl Wind AG acquires shares in Naturspeicher GmbH

 

Bundling competencies for energy system transformation

Max Bögl and Naturspeicher GmbH have been working closely together on the development of storage solutions for renewable energies since their joint foundation in 2012. Max Bögl Wind AG is, among other things, the market leader in the manufacture, supply and construction of hybrid towers. At Naturspeicher GmbH, 32 employees research and develop storage solutions and technologies for renewable energy sources. These include the natural heat storage unit and the water battery as well as the innovative PiPECrawler installation platform and pressure pipes made of polyethylene. In Gaildorf, both companies continue to work together with Alexander Schechner on the construction of the first water battery, the pilot project for natural power storage. This is a 70 megawatt hour short-term storage facility connected to a wind farm and designed to help keep the power grid stable in the future. Innovative products such as these will be increasingly in demand on the energy market in the future, and both companies want to take a pioneering role here thanks to their expertise.

 

Every employee contributes to the success

"We are pleased that we can bundle in-depth competencies in one company with the merger", says Josef Knitl, CEO of Max Bögl Wind AG and Managing Director of Naturspeicher GmbH. "For the development of innovative energy, storage and heating solutions, we need expert engineers and employees from a wide variety of sub-areas". He expects a sustainable exchange of know-how between the two companies as well as even higher quality and speed in the implementation of current and future projects.

Max Bögl covers the entire value chain

Climate change has never been as present as it is today. Consistent measures to reduce CO2 must be taken and the expansion of renewable energies must be accelerated. Max Bögl sees great growth potential worldwide in this area and wants to position himself more strongly in the future. Today, the company already covers the entire value chain: From the project planning and implementation of entire wind power projects, through electricity storage and operation management, to marketing and electricity use within the framework of Power-to-Heat.

About Max Bögl Wind AG

Using renewable energies more efficiently and thus actively advancing the energy revolution. This is what Max Bögl Wind AG stands for with its innovative technology solutions. The company is Germany's market leader in the manufacture, supply and erection of hybrid towers and holds the record for the world's tallest wind power tower with a hub height of 178 metres. Max Bögl Wind AG is also setting new technical and innovative standards in the field of power storage. With the water battery, a completely new type of large storage facility was developed, which for the first time combines the production of electricity from renewable energies with a modern pumped storage power plant. The turnkey portfolio complements the max.power division with the development of suitable concepts for placing and marketing the generated energy. Max Bögl Wind AG is a subsidiary of Max Bögl.

www.mbrenewables.com

 

Contact:

Nancy Fürst
Head of Marketing Wind
Tel.: +49 9181 909-14698
E-Mail: nfuerst@max-boegl.de

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