Luxcara completes acquisition of 172 MW solar project from Belectric
German asset manager Luxcara GmbH has completed the acquisition of a 172 MW solar photovoltaic facility in Germany from Belectric Solar & Battery GmbH.
BELECTRIC will start construction of the large solar farm in the municipalities of Tramm and Lewitzrand in the state of Mecklenburg-Western Pomerania before the end of 2020.
Following the completion of the power plant at the end of 2021, just under 420,000 photovoltaic modules will convert sunlight to electricity. The solar farm will produce enough green electricity to supply the equivalent of around 50,000 homes annually. The plant will be constructed without the Renewable Energy Act (EEG) funding. The power generated will be sold under a long-term power purchase agreement (PPA).
Country updates
-
-
October 20, 2020
EQT Infrastructure V to co-invest in Deutsche Glasfaser
EQT Infrastructure V has signed an agreement to co-invest alongside EQT Infrastructure IV in Deutsche Glasfaser. Post the closing of the transaction, EQT Infrastructure V will hold a 12 percent stake...
Read more -
October 19, 2020
EnBW confirms to develop 187 MW solar PV project in Brandenburg
EnBW has confirmed to develop the 187 MW Weesow-Willmersdorf solar photovoltaic (PV) project in Brandenburg, Germany. EnBW will construct the solar park on a 164-ha plot in Werneuchen. The generated...
Read more -
October 01, 2020
Gulf Energy completes purchase of 50% stake in 464.8 MW Borkum Riffgrund 2 offshore wind project in the North Sea
Gulf Energy Development has finalized the acquisition of a 50% stake in the Borkum Riffgrund 2 offshore wind farm located off the coast of Germany. The purchase of the stake from Global Infrastructure...
Read more -
September 24, 2020
Prime Capital concludes debt financing for 579 MW European solar portfolio
Prime Capital AG has completed junior debt financing for a European photovoltaic portfolio of the independent power producer MKM Invest Group, which was arranged with ENERPAZ.
Read more -
September 11, 2020
juwi starts operation of 16.5 MW Rosskopf wind project in Hesse
German renewables developer Juwi AG has started the operation of the 16.5 MW Rosskopf wind farm project located between Frankfurt and Würzburg in the Main-Kinzig district of Hesse in Ge...
Read more
