From pv magazine Germany
Encavis, a Hamburg-based wind and solar project operator, has announced plans to build one of the largest PV plants in Germany through its Encavis Asset Management AG (Encavis AM) subsidiary.
The project will be located in the municipality of Bartow, in the state of Mecklenburg-Vorpommern, Germany.
The plant will be built for Encavis Infrastructure Fund IV (EIF IV) on a site spanning 205 hectares. Construction of the first phase is scheduled to begin this month, with completion scheduled for the summer of 2025. The schedule for the second construction phase has yet to be determined. The total output of the solar project is expected to be 260 MW, and the annual electricity yield has been estimated at 270 GWh.
The company, which claims a PV portfolio of around 2.2 GW of installed capacity across more than 200 projects, said it wants to demonstrate its “competence for demanding investments in the field of renewable energy” with the project in Bartow.
“Based on our experience and knowledge, we will ensure that the solar park is operated not only ecologically, but also economically profitably,” said board spokesman Karsten Mieth.
Refinancing through funds from the German Renewable Energy Sources Act (EEG) is not possible for a project of this size, but Encavis has yet to provide any information about the sale of the electricity.
This content is protected by copyright and may not be reused. If you want to cooperate with us and would like to reuse some of our content, please contact: editors@pv-magazine.com.
2 comments
By submitting this form you agree to pv magazine using your data for the purposes of publishing your comment.
Your personal data will only be disclosed or otherwise transmitted to third parties for the purposes of spam filtering or if this is necessary for technical maintenance of the website. Any other transfer to third parties will not take place unless this is justified on the basis of applicable data protection regulations or if pv magazine is legally obliged to do so.
You may revoke this consent at any time with effect for the future, in which case your personal data will be deleted immediately. Otherwise, your data will be deleted if pv magazine has processed your request or the purpose of data storage is fulfilled.
Further information on data privacy can be found in our Data Protection Policy.