Saferay was founded in 2010 by an experienced team which had previously built Q-Cells International from scratch into the largest system integrator of solar plants in the world within 2 years. The team's mission is to create a new kind of independent power producer that solely focuses on solar PV. Saferay developed rapidly during the first two years of existence, building 45 MW during the first six month of its existence, and adding another 125 MW in the first full year of operation. The company keeps most of the powerplants on its own balance sheet. Saferay is fully privately owned and has no third party investors, which allows for fast decision making and clear focus. The company is currently active in Germany, Chile, Mexico, the US, Japan, Singapore and Australia.