Close menu

October 20th, 2022 | 11:41 CEST

TubeSolar, BASF, Nordex - Mastering the energy turnaround with these shares

  • renewableenergies
  • Investments
  • Solar
Photo credits:

Innovative photovoltaic companies like TubeSolar are defying the crisis. Their patented solar tube systems enable a double use of open spaces. The application thus brings farmers double profit: both through farming and additionally through the generation of solar power. The latest coup of the Landwind Group, together with Nordex AG, also proves how valuable energy generation is in this European crisis. A total of 12 wind turbines will generate 81.6 MW of electricity in the future. Companies like BASF AG are feeling the exploding electricity prices. Therefore, the red pencil is applied to save EUR 500 million per year outside of production. Will the Ludwigshafen am Rhein site remain?

time to read: 5 minutes | Author: Juliane Zielonka
ISIN: TubeSolar AG | DE000A2PXQD4 , BASF SE NA O.N. | DE000BASF111 , NORDEX SE O.N. | DE000A0D6554

Table of contents:

    Jared Scharf, CEO, Desert Gold Ventures Inc.
    "[...] We have built one of the largest land packages of any non-producer in the belt at over 440 and have made more than 25 gold discoveries on the property to date with 5 of these discoveries totaling about 1.1 million ounces of gold resources. [...]" Jared Scharf, CEO, Desert Gold Ventures Inc.

    Full interview


    BASF - EUR 500 million savings drive outside of production

    BASF AG in Ludwigshafen am Rhein is in the midst of a digital turnaround. It is no easy task for the chemical giant because, in Germany, the Company is struggling with skyrocketing energy prices that are driving up production costs. A sharp drop in profits in the third quarter is the result. Now, a rigorous savings program is to cut costs outside production by around EUR 500 million a year. More than half of the savings are to be achieved at the Ludwigshafen site. Job cuts are not ruled out. The business, service and research units and Group headquarters are to be streamlined.

    With a net income of EUR 909 million (Q3 2021: EUR 1,253 million) due to non-cash impairment charges, the results are significantly below the prior-year quarter and well below the general analyst consensus. One of the reasons for the net result is non-cash impairment charges on the investment in Wintershall Dea amounting to around EUR 740 million. Caused by the partial write-down of Wintershall Dea's stake in Nord Stream AG, which operates the Nord Stream 1 pipeline. And this is known to be without gas and to have been damaged in the Baltic Sea.

    In the third quarter of 2022, sales were EUR 21.946 million - an increase of 12% compared to the same quarter last year (EUR 19.669 million). This increase was mainly due to higher prices. Currency effects, especially from the USD, also had a positive impact. However, sales volumes were down compared to the prior-year quarter. Sales were slightly above average analyst estimates for the third quarter of 2022 (EUR 21.076 million).

    The Group is working full speed on further streamlining to adjust structures in the medium and long term in order to remain competitive in Europe. With a current share price of EUR 45.12, analysts are issuing a buy recommendation.

    TubeSolar - Hop farmer dares field test with dual use

    Until now, the either-or principle applied to agricultural land. Farmers could use their fields either for agricultural production or cover their lands with photovoltaic systems. Thus, conventional farmland was lost. Thanks to the patented solution of TubeSolar AG, a double use of these agricultural areas is possible. Thus, traditional agriculture and energy production with solar cells can be operated. This is an extremely pragmatic solution to Europe's current energy crisis. Instead of conventional area modules, the Augsburg-based Company relies on tubular modules installed over the used areas, similar to a scaffold. These tubular solar systems offer numerous intelligent advantages in use. For example, the partial shading provided by the solar tubes reduces water requirements in dry regions and protects plants from solar radiation. The lightweight construction also enables wind and snow resistance. The solar modules are more robust and can be used in changeable weather regions.

    The round solar tubes were invented by a woman. The graduated electrical engineer Dr Vesselinka Petrova-Koch created the technology already in 2011. To commercialize the invention, she offered the low-cost photovoltaic technology to the Augsburg company OSRAM®. Many investors are familiar with the name from lighting production. OSRAM® itself has since been integrated into the Austrian AMS.

    Shortly before the takeover in 2019, the Company TubeSolar AG acquired the patent of Dr Petrova-Koch. TubeSolar AG is located on the former site of the OSRAM® factory in Augsburg, Germany. TubeSolar AG has two experienced company leaders at the top. Jürgen Gallina held technical management positions at OSRAM® for more than 20 years, while Felix Mantke, a member of the Management Board since January 1, 2022, is a highly experienced M&A and capital market expert.

    Just how beneficial TubeSolar's PV technology will be can be seen from the spring of 2023 in the German state of Bavaria. It is then that an agri-photovoltaic system will be erected on the hop field of farmer Josef Wimmer. Here, the lightweight TubeSolar modules will generate solar power at a height of about 7m above the hop field and, at the same time, protect the hop plants from excessive solar radiation, hail and heavy rain. Wimmer is taking a chance on the field trial and is aware that innovations need courageous people like him to prove what is possible.

    Nordex - Major order for 81.6MW causes share price to rise slightly

    A booking for 12 wind turbines at Nordex AG by the Landwind Group makes the hearts of renewable energy investors beat faster. The Nordex Group is supplying 12 N163/6.X turbines, which will be distributed across four different wind farm sections in eastern Lower Saxony. **The order also includes a twenty-year premium service for the turbines. A wind turbine has a regular service life of two decades.

    The "Gevensleben" project - named after the Landwind Group's headquarters in Lower Saxony - is intended to contribute to the construction of wind farms in the districts of Helmstedt and Wolfenbüttel. The 6-MW-class turbines on hybrid towers with a hub height of 164 meters will go into operation from the winter of 2023 and will then produce around 180 million kWh of green electricity per year and save 128,000t of CO₂.

    Karsten Brüggemann, Vice President Region Central of the Nordex Group, is delighted about the order from the Landwind Group: "We are proud to be working with the Landwind Group again and to be able to demonstrate the reliability of our technology once more. The N163/6.X turbines, with 6.8 MW of installed rated power, are currently among our most powerful turbines. For our long-standing partner, we are thus able to offer solutions tailored to the specific needs of each project while at the same time taking the energy turnaround in Germany a good step forward." Nordex AG has so far installed wind turbines with a total capacity of 41 GW in over 40 markets and generated sales of around EUR 5.4 billion in 2021. The stock rose slightly by 0.56% to EUR 8.62.

    Innovative companies like TubeSolar AG offer cost-efficient PV solutions for dual use of open spaces. In this way, the Company is providing farmers with an additional source of income, especially in this time of crisis. The value of the expansion of renewable energies in the future is also demonstrated by the Landwind Group with its major order placed with the Nordex Group. Twelve wind turbines will cause quite a stir in the eastern part of Lower Saxony in Germany. The share price rose slightly. On the other hand, BASF AG, which is in the midst of high production costs and a digital turnaround, is focusing on savings. EUR 500 million per year are to be saved - outside production. Analysts see buy and hold potential.

    Conflict of interest

    Pursuant to §85 of the German Securities Trading Act (WpHG), we point out that Apaton Finance GmbH as well as partners, authors or employees of Apaton Finance GmbH (hereinafter referred to as "Relevant Persons") may hold shares or other financial instruments of the aforementioned companies in the future or may bet on rising or falling prices and thus a conflict of interest may arise in the future. The Relevant Persons reserve the right to buy or sell shares or other financial instruments of the Company at any time (hereinafter each a "Transaction"). Transactions may, under certain circumstances, influence the respective price of the shares or other financial instruments of the Company.

    In addition, Apaton Finance GmbH is active in the context of the preparation and publication of the reporting in paid contractual relationships.

    For this reason, there is a concrete conflict of interest.

    The above information on existing conflicts of interest applies to all types and forms of publication used by Apaton Finance GmbH for publications on companies.

    Risk notice

    Apaton Finance GmbH offers editors, agencies and companies the opportunity to publish commentaries, interviews, summaries, news and the like on These contents are exclusively for the information of the readers and do not represent any call to action or recommendations, neither explicitly nor implicitly they are to be understood as an assurance of possible price developments. The contents do not replace individual expert investment advice and do not constitute an offer to sell the discussed share(s) or other financial instruments, nor an invitation to buy or sell such.

    The content is expressly not a financial analysis, but a journalistic or advertising text. Readers or users who make investment decisions or carry out transactions on the basis of the information provided here do so entirely at their own risk. No contractual relationship is established between Apaton Finance GmbH and its readers or the users of its offers, as our information only refers to the company and not to the investment decision of the reader or user.

    The acquisition of financial instruments involves high risks, which can lead to the total loss of the invested capital. The information published by Apaton Finance GmbH and its authors is based on careful research. Nevertheless, no liability is assumed for financial losses or a content-related guarantee for the topicality, correctness, appropriateness and completeness of the content provided here. Please also note our Terms of use.

    Der Autor

    Juliane Zielonka

    Born in Bielefeld, she studied German, English and psychology. The emergence of the Internet in the early '90s led her from university to training in graphic design and marketing communications. After years of agency work in corporate branding, she switched to publishing and learned her editorial craft at Hubert Burda Media.

    About the author

    Related comments:

    Commented by Stefan Feulner on June 24th, 2024 | 11:15 CEST

    Plug Power, Carbon Done Right, Evotec - Turnaround after the price slump

    • Sustainability
    • CarbonCredits
    • renewableenergies
    • Biotechnology

    After the price surges in recent weeks, there were initial signs of a temporary top formation in the major US indices, including the Dow Jones, S&P 500, and the tech-heavy Nasdaq. It is hardly surprising, given that these indices have been in overbought territory since the upward trend that began in November. Once again, it is crucial for investors to pick the winners of the coming weeks despite a possible correction.


    Commented by André Will-Laudien on June 24th, 2024 | 07:15 CEST

    IPOs, Takeovers and Mergers - Here we go again! Varta, Altech Advanced Materials, Nel ASA, and Cavendish

    • renewableenergies
    • Batteries
    • Technology

    Every day, new records on the NASDAQ make investors' dreams come true, but at the end of last week, there were the first signs of a correction, with top stock Nvidia losing 10% from its peak. This is a minor setback after a rise of almost 100% since mid-April. The IPO market is also picking up again as newcomers want to seize the opportunity. The Norwegian hydrogen pioneer Nel ASA successfully floated its filling station subsidiary on the stock exchange. This creates more transparency within the Company and fills the coffers. While Varta has issued another revenue warning, Altech Advanced Materials is launching its new battery technologies. In terms of achievements, "Made in Germany" is still "top", but the right stock selection remains the trump card.


    Commented by André Will-Laudien on June 19th, 2024 | 07:15 CEST

    Opportunities upon opportunities: sell AI now! Nel ASA, Royal Helium, Plug Power, and BYD

    • Mining
    • Helium
    • renewableenergies
    • Electromobility

    19,887 is the new record high of the NASDAQ 100 index. Dream returns from Nvidia, Apple, and Microsoft could accelerate the stock market's growth into the summer once again. This could also make the second quarter of 2024 a good month for equities, as the saying "Sell in May and go Away" does not seem to apply this year. However, there are plenty of lagging stocks with great potential. They are currently on one side, as the attraction of the "Magnificent Seven" is too strong. We take the euphoria as an opportunity to take a closer look at a few promising stocks.