Page Contents
Encavis AG has begun putting in 260 MW of photo voltaic capability in Germany, with completion set for 2025. It’s on observation to turn out to be one of many nation’s largest PV crops.
Encavis, a Hamburg-based wind and photo voltaic venture operator, has introduced plans to construct one of many largest PV crops in Germany by its Encavis Asset Administration AG (Encavis AM) subsidiary.
The venture might be situated within the municipality of Bartow, within the state of Mecklenburg-Vorpommern, Germany.
The plant might be constructed for Encavis Infrastructure Fund IV (EIF IV) on a website spanning 205 hectares. Building of the primary section is scheduled to start this month, with completion scheduled for the summer season of 2025. The schedule for the second development section has yet to be decided. The overall output of the photo voltaic venture is anticipated to be 260 MW, and the annual electrical energy yield has been estimated at 270 GWh.
The corporation, which claims a PV portfolio of around 2.2 GW of put-in capability throughout greater than 200 tasks, stated it desires to display its “competence for demanding investments within the area of renewable power” with the venture in Bartow.
“Primarily based on our expertise and information, we are going to be certain that the photo voltaic park is operated not solely ecologically, but in addition economically profitably,” stated board spokesman Karsten Mieth.
Refinancing by funds from the German Renewable Vitality Sources Act (EEG) will not be attainable for a venture of this dimension, however, Encavis has but to offer any details about the sale of the electrical energy.
