Axpo has signed a ten-year power purchase agreement (PPA) with project developer ENERPARC and its trading subsidiary Sunnic Lighthouse GmbH for the 39 MWp solar PV project located in Büttel, Schleswig-Holstein, Germany.
Under the agreement, Axpo will buy and market power from the solar project, starting from 2023. Consisting of approximately 119,000 modules and an 8-MWh battery on-site that provides baseload energy, the project is expected to generate power for about 7,500 households.
Sunnic Lighthouse GmbH will manage the volatile supply with the help of an 8 MWh battery which will be installed at the site. Financing for this innovative model took place through Deutsche Anlagen Leasing GmbH & Co. KG (DAL).
Country updates
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