Largest Contract for Used Solar Modules Signed with a Volume of Over 15.8 Million Units
GE4A Group (Green Energy for All) Revolutionizes the Market for Used Solar Modules and Batteries with Landmark Contract
31 May, 2024 by
Largest Contract for Used Solar Modules Signed with a Volume of Over 15.8 Million Units
GE4A Group B.V., Toralf Nitsch ∞ GE4A Group B.V.
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In a groundbreaking move poised to redefine the photovoltaic industry, GE4A Group (Green Energy for All) has signed the largest contract for used solar modules to date, securing a volume of over 15.8 million units. This contract is a testament to GE4A's vision and innovative approach, marking just one of many initiatives as the company builds a global network of facilities aimed at sustainable energy solutions.

With nearly 20 years of presence in the solar industry, GE4A has forged robust partnerships, positioning itself as a leader in reUSE concepts through digital Energy-as-a-Service business models. The company operates extensively in Spain, Germany and Bulgaria and is now setting its sights on entering the vast markets of India, China and the United States.

Under the visionary leadership of founders Zeynep Baklaci, Thorsten Voigt and Toralf Nitsch, and supported by a team of seasoned specialists, GE4A plans significant expansions and investments throughout 2024. The company’s innovative refurbishment process, driven by A.I. powered decision-making, ensures each used module undergoes meticulous inspection, sorting, evaluation, and anonymization. These refurbished modules, branded as Firefly Energy, will be globally deployed to provide sustainable power solutions.

"Our industry’s shift towards recycling used solar modules at their end-of-life (EoL) is a positive step," comments CEO Toralf Nitsch. "However, the arbitrary determination of EoL periods often leads to the premature discarding of functional modules. This is akin to the waste caused by overly cautious best-before dates in the food industry. Our approach ensures modules are recycled only when necessary, maximizing resource efficiency."

To support these ambitious goals, GE4A has secured long-term purchase agreements for over 15.8 million used solar modules over the next five years. "This contract is the cornerstone of our planned scaling in target markets," explains Nitsch. "Our aim is to ensure equitable distribution of the energy generated from these modules. Energy-as-a-Service models are perfectly suited for this, and we believe our solution is unparalleled."

GE4A Group is at the forefront of driving the energy transition by setting new standards in the sustainable use of solar energy. With a presence in Germany, Spain, Bulgaria and now China, as well as planned activities in the USA, GE4A ensures close market proximity and a proactive approach to market needs. This expansive footprint and strategic partnerships make GE4A an attractive prospect for investors, local governments, and stakeholders alike, creating a win-win scenario for all involved.

"The search for partners in the US market is ongoing, and we intend to intensify our efforts over the summer. We warmly invite potential partners or investors to join us in one of the most exciting ventures of the past decades," Nitsch concludes.

As GE4A Group continues to lead the charge in sustainable energy solutions, this landmark contract signifies a major step forward in the global effort to reduce resource wastage and promote innovative energy models. With its pioneering "reConditioning" process and global expansion strategy, GE4A is poised to revolutionize the market for used solar modules and batteries, setting a new benchmark for the industry.

Contact:
GE4A Group (Green Energy for All)
Email: press@ge4a.com
Phone: +31 (0)6 289 45008

Largest Contract for Used Solar Modules Signed with a Volume of Over 15.8 Million Units
GE4A Group B.V., Toralf Nitsch ∞ GE4A Group B.V. 31 May, 2024
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