After 30 years investing in predominantly Czech prime property, Flow East is expanding into the clean energy sector. The company believes that the disastrous effects of fossil fuel burning makes clean fuel development projects necessary for the survival of the planet, and the declining costs of solar means that these projects are viable.
The company has invested to develop utility-scale solar and energy storage projects in Czechia, mostly on its own properties. In the coming years it plans to accelerate its growth with investments in the European markets.
The group forecasts and targets to have the entirety of Flow East’s energy consumption coming from renewable energy sources within the next five years.