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EnBW Acquires a 15 Per Cent Share of DZ-4

Hamburg-based solar pioneer allows individuals to secure sustainable supply homegrown green electricity without investments.

EnBW Energie Baden-Württemberg AG (EnBW) has taken a 15 per cent participation in the Hamburg start-up DZ-4. The young energy company leases solar power systems and power storage for self-supply to residential customers to supply green electricity from the grid. For EnBW, the entry at DZ-4 marks the first strategic investment of the newly formed EnBW New Ventures GmbH, equipped with 100 million euro of venture capital. In addition to developments in innovation management, the Karlsruhe-based utilities companiy is increasingly collaborating with the start-up scene.

In addition to in-house developments, EnBW will also open itself to the outside world, with the newly established new ventures society expanding partnerships with start-up scene and using them as an additional driver for innovation. In return, young founders benefit from the marketing opportunities of a well-established company.

Towards the Digitisation of the Energy Rransition

DZ-4 was founded in September 2011 to provide family households with a decentralized supply of renewable energy. Households rent a solar power system and an optional power storage. During the contract term, DR-4 remains owner of the plant and takes care of technology and operations management.

“The combination of DZ-4 with our own ideas and products enables us to actively participate in developments such as the digitalisation of the energy revolution”, said Uli Huener, CEO of EnBW New Ventures GmbH. “The combined expertise of EnBW Energy in conjunction with the possibilities for co-operation in the areas of sales and financing significantly strengthens DZ-4 on the way to further growth”, adds founder and managing director Tobias Schütt.

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About DZ-4

DZ-4 developed a highly awarded operating model for solar self-sufficiency for the German market, which increasingly is gaining acceptance worldwide which increasingly is gaining acceptance worldwide. With the first customers supplied by late 2012, a standardized portfolio of small solar power plants was implemented in Germany by DZ-4’s first operating company in 2014. Today, DZ-4 has a nationwide sales, installation, and service network. “DZ” stands for decentralized, the “4” for the fourth technological revolution of mankind, the full supply from renewable energy sources.

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