Suntrace was established 2009 in Hamburg, Germany’s largest renewable energy cluster of firms. Today, Suntrace provides essential elements to develop renewable energy projects for clients all over the world. The range of services reaches from renewable energy resource assessments over owner’s engineering to project implementation. In addition to the full engineering, Suntrace also provides financial advisory and project development management.
The global Solar Power market exceeded 100 GW of annually new installed capacity since 2018 with an average growth rate of 25% per year over the last decade and a huge growth potential going forward. Whereas utility-scale and on-grid solar parks dominated in the past, an additional trend goes towards smarter, integrated solutions. Such tailor-made renewable energy solutions with a continuously decreasing energy cost and growing efficiency are poised to conquer all conventional power and energy market segments. With its high competitiveness, solar is currently entering other sectors such as transport, industrial or municipal heating and cooling. To name a few, solutions such as power or energy storage, commercial and industrial power supply (C&I), Power to x (e.g., hydrogen, amonium, methanol) or water desalination and irrigation are hot topics in the industry now.
Suntrace provides integrated technical and financial solutions. We design renewable energy projects with leading technical expertise, based on financial assumptions that are customized to client-, country- and project-specific requirements. And we implement our solutions with professional management during the project phases of financing, procurement, construction and operation.
Suntrace has a strong track record for renewable energy projects world wide. The company stands for leading technical expertise in the energy field plus many years and GW of financing international power projects. The company has delivered solutions for over 100 Projects in Europe, Asia Pacific, Middle East Africa and Latin America. In total, Suntrace contributed to renewable power projects with over 7.000 MW capacity in over 40 different countries. Our clients are Multilateral Development Finance Institutes such as the World Bank, KFW, GIZ or the Asian Development Bank, private sector clients like financial and strategic investors and renewable energy developers in international markets.
Since 2019, Suntrace is part of the Dornier Group, enabling Suntrace to draw on a strong network of expertise across all infrastructure sectors which are next to energy in particular aviation, real estate, mobility, and water. Dornier Group is present in numerous international markets in Western and Eastern Europe, Middle East, South Africa, and Asia.