Greencells GmbH, a German solar power plant developer, was founded in Saarbrücken, Germany, in 2009. The company specializes in engineering, procurement, construction (EPC), and operation and maintenance (O&M) services for utility-scale solar projects. Greencells has a project portfolio that includes 109 solar power plants with a combined capacity of over 1 GWp.
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Greencells GmbH, a German solar power plant developer, was founded in Saarbrücken, Germany, in 2009. The company specializes in engineering, procurement, construction (EPC), and operation and maintenance (O&M) services for utility-scale solar projects. Greencells has a project portfolio that includes 109 solar power plants with a combined capacity of over 1 GWp.
- Greencells Group reported consolidated revenue of EUR 209.7 million in the fiscal year 2023, with consolidated EBIT improving to EUR 8.3 million.
- Fabian Herr was appointed as the new CEO of Greencells Group on March 1, 2025, bringing over 15 years of experience in the solar industry.
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Greencells GmbH, established in Saarbrücken, Germany, in 2009, has grown to become an international provider of services for large-scale photovoltaic systems. Initially focusing on solar assembly, the company expanded its services to include full EPC (engineering, procurement, and construction) by 2013 and O&M (operations and maintenance) in 2015, offering comprehensive lifecycle support for solar assets.
The company’s project portfolio encompasses 109 solar power plants with a total capacity exceeding 1 GWp. Greencells has a significant operational footprint across Europe, with over 3 GWp of installed capacity worldwide and over 400 employees as of November 2025. In 2023, Greencells GmbH achieved a consolidated revenue of EUR 209.7 million, with an EBIT of EUR 8.3 million.
In a strategic move to focus on its core EPC and O&M services, Greencells Group sold its solar and storage project development platform in December 2024 to a consortium of Davidson Kempner Capital Management and Nature Infrastructure Capital. This platform included a pipeline of nearly 4 GW across Europe and Canada.
Leadership changes have also occurred, with Fabian Herr taking over as CEO on March 1, 2025. Björn Lamprecht was appointed as the Chief Operating Officer (COO) in October 2021, responsible for the group’s operational business. Recent projects include an EPC contract for a 133 MWp solar project in Germany with LEAG, with construction starting in late 2025 and initial capacity expected online in the second half of 2026. Greencells also expanded the Drombeg solar farm in Ireland to 136.88 MWp in partnership with ESB in November 2025.