Monday January 27, 2020

BMW heir’s solar firm investing €10m in targeting Irish market

Founded in 1993, Solarwatt is owned by German billionaire Stefan Quandt whose family owns a major stake in the BMW group

22nd April, 2018
2
Stefan Quandt, a supervisory board member of Bayerische Motoren Werke AG (BMW) Picture: Bloomberg

The German solar panel and battery storage maker Solarwatt is investing €10 million in the Irish market.

Founded in 1993, Solarwatt is owned by German billionaire Stefan Quandt whose family owns a major stake in the BMW group.

It will sell in Ireland under its Smart Solar brand and has teamed up with BHC Distributors to distribute its products.

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