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Aerial view of solar panels on a barren landscape.
BayWa 2024 Update

Pioneering a renewable energy concept  

In 2022, the VELUX Group signed two virtual power purchase agreements with BayWa r.e., which drove the development of two solar (photovoltaic) PV parks in southern Spain.

Both projects have now been completed and connected to the grid, and the solar plants generate 167 GWh of renewable electricity annually. That amount of power is enough to cover all the VELUX Group’s European operations—and several years ahead—and it constitutes about 90% of our current global electricity consumption.

Enabling these new solar plants was part of our work to achieve 100% renewable electricity and help us progress toward the emissions reduction target for our global operations by 2030.
Solar farm with photovoltaic panels and hills in the background.

Deepening our commitment to climate and nature action

In addition to supporting the transition to renewable energy, the new solar plants are part of the VELUX Group’s ongoing commitment to communities, climate and nature action. 

To ensure that the parks prioritise local nature and their communities, BayWa r.e. is working with two nearby universities to form an interdisciplinary research group. The findings of this group will be used to create comprehensive site strategies and action plans that can enhance biodiversity and foster community involvement.

Solar Plant Symbiosis  

One of the solar parks will include a pioneering Agri-PV installation, combining energy generation and agriculture. The installation will be specially designed to allow for crops to grow between the solar panels. Rotational solar panels will be placed with wider spacing between them to enable farming machinery to pass. The photovoltaic modules can also collect rainwater, conserving valuable resources and enhancing the climate resilience of the crops. 

Combining solar power production, agriculture, biodiversity and community is a concept we call ‘Solar Plant Symbiosis.’ Its ambitions stretch further than regulatory requirements with investments in improved biodiversity and collaboration with the local community and ensures the mutual benefit of all parties involved. 

Child in attic room with open VELUX roof window, sunlight streaming in.

Ecovadis platinum rating

In 2025, VELUX achieved Platinum status in the annual EcoVadis sustainability assessment – a significant milestone that marks our progress from a Gold rating in 2024. With a score of 86 out of 100, up from 78 last year, we are now placed in the top 1% of more than 150,000 rated companies worldwide.
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Sunlit forest with tall trees and shadows on the ground.

Our commitment to protecting biodiversity and nature

Nature and biodiversity are the foundation of life as we know it. Our commitment to protecting biodiversity is more important than ever - not only because species have an inherent right to exist, but also because our survival depends on the ecosystems they sustain.
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Person recycling cardboard near a building with VELUX roof windows.

Altaterra introduces waste-handling solution to reduce emissions

Tackling operational waste and reducing transportation emissions are two critical challenges that must be addressed in the global push towards decarbonisation. Altaterra, part of the VELUX Group, is aligning with these objectives by adopting innovative waste management solutions that reduce both physical waste and carbon emissions.
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Two people planting a young tree in soil, symbolizing growth and care.
Photo: Jonas Lysholdt Ejderskov, WWF Denmark

Celebrating four years of the WWF-VELUX partnership

As of September 1, 2024, we mark the 4th anniversary of the WWF-VELUX partnership, an initiative dedicated to protecting and restoring forests and improving livelihoods. Over the past year, our joint efforts have seen substantial progress within the countries in which we work.
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Aerial view of solar panels on a barren landscape.

BayWa 2024 Update

In 2022, the VELUX Group signed two new virtual power purchase agreements with BayWa r.e. that will drive the development of two new solar (photovoltaic) PV parks in southern Spain. The solar plants will generate 167 GWh of renewable electricity annually. That is enough power to cover all the VELUX Group’s European operations today - and several years ahead - and it constitutes about 90% of our current global electricity consumption. Enabling new solar plants is part of our work to achieve 100% renewable electricity and will help us reach the emissions reduction target for our global operations by 2030.  
Read the full article