Encavis AG Stock

Description Encavis AG

Encavis AG is a publicly-traded German renewable energy company that specializes in the development, acquisition and operation of wind and solar power plants across Europe. The company was founded in 1996 and went public in 2007.

Encavis AG operates more than 460 wind turbines and solar parks with a total capacity of around 3.3 gigawatts (GW) in 12 European countries including Germany, France, the Netherlands, and the UK. Its portfolio of assets is diversified across different types of renewable technologies, with wind comprising over 60% of the capacity and the remaining being solar.

The company's business model revolves around the sale of electricity generated from these assets to energy suppliers, corporations, and end consumers. Encavis AG aims to leverage its expertise to capture new opportunities in the global renewable energy market and to make a significant contribution to the ongoing energy transition towards clean and sustainable power.

Competitors of Encavis AG

Encavis AG operates in the renewable energy sector and develops, builds and operates wind and solar power plants across Europe. The company has various competitors that operate in the same market segment. Here are some of the most important competitors of Encavis AG:

1. Ørsted A/S: A Danish company that is one of the leading developers, operators, and owners of offshore and onshore wind farms. Ørsted is among the top renewable energy companies globally.

2. Siemens Gamesa: A Spanish company that specializes in wind energy and is one of the world's largest turbine manufacturers. Siemens Gamesa provides wind power solutions to customers in over 90 countries.

3. Enel Green Power: An Italian renewable energy company that operates in more than 26 countries and has over 1,200 renewable energy projects worldwide. Enel Green Power is a global leader in the production of clean energy from wind, solar, and geothermal sources.

4. E.ON SE: A German energy company that operates in various segments, including renewables, energy networks, and customer solutions. E.ON SE has a significant presence in the renewable energy sector and operates wind, solar, biomass, and hydroelectric power plants.

5. RWE AG: A German energy company that has a substantial presence in the renewables sector, focusing on wind and solar power projects. RWE AG is one of the largest European electricity providers and operates in over 40 countries.

These companies are the main competitors of Encavis AG and operate on a global scale, offering similar renewable energy solutions to clients.

Suppliers of Encavis AG

Encavis AG is a renewable energy company based in Germany, focused on the development and maintenance of wind and solar power plants.

Given its line of business, Encavis AG relies on several key suppliers to operate and expand its assets. Some of the most important suppliers for Encavis AG are:

1. Renewable equipment manufacturers: These are companies that design and manufacture renewable energy equipment such as wind turbines, solar panels, inverters, and transformers. Encavis AG sources its renewable energy equipment from suppliers such as Nordex, Enercon, Siemens Gamesa, and SMA Solar.

2. Raw material suppliers: Encavis AG needs various materials to build and maintain its renewable energy plants. This includes copper, steel, aluminum, and other metals needed for wind turbines, solar panels, and electrical grids. These raw materials are sourced from a range of suppliers, including BHP Billiton, Rio Tinto, and Glencore.

3. Service providers: Encavis AG also relies on a range of service providers to support its operations. This includes construction firms for new projects, maintenance and repair services for existing plants, and logistics companies for transportation of equipment and materials. Some of the key service providers for Encavis AG include Enerparc, WSB Neue Energien, and BayWa.

4. Financial institutions: Encavis AG also relies on banks and financial institutions for project financing, debt financing, and other financial services. Key financial institutions that Encavis AG works with include Commerzbank, KfW, and the European Investment Bank.

These are some of the most important suppliers for Encavis AG, and the company's success is partly dependent on the strength of its relationships with these suppliers.