Rengo Co., Ltd., through its consolidated subsidiary, TRICOR Packaging & Logistics AG, has started the construction of the 5.6 MW solar photovoltaic expansion project located in Bad Wörishofen of Bavaria State in the southern part of Germany.
The facility will consist of 14,000 solar panels once the construction is completed. The solar power generation system is expected to run in the second half of 2023 and be able to reduce more than a thousand tons of CO2 emissions per annum.
The installation of the large-scale solar power generation system matches Germany’s environmental policy which encourages the utilization of renewable energy and also aligns with Rengo’s Eco Challenge 2030 target to reduce CO2 emissions by 46% compared to FY2013.
Country updates
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December 20, 2022
Schaeffler completes acquisition of 10 MWp solar project in Bavaria
The global automotive and industrial supplier Schaeffler has completed the acquisition of a 10 MWp solar photovoltaic project located in Kammerstein, Bavaria, Germany, from BayWa r.e. AG.&nb...
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December 13, 2022
Encavis Asset Management AG completes investment phase of EIF II
Encavis Asset Management AG (Encavis AM) has concluded the investing phase of the Encavis Infrastructure Fund II (EIF II), a BayernLB-exclusive alternative investment fund for banks. The most recent...
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December 12, 2022
RWE to build 16.8 MW solar project in North Rhine-Westphalia
The German Federal Network Agency has awarded RWE the contract to construct the 16.8 MW RWE Neuland 1 Solarpark at Hambach Mine in the state of North Rhine-Westphalia, Germany. Approximately 37,000 s...
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December 12, 2022
Commerz Real invests in 50 MW agrivoltaics solar project in Berlin
Commerz Real AG has acquired a 50 MW agrivoltaic solar project close to Berlin, Germany from Elysium Solar. The photovoltaic (PV) farm is anticipated to become operational in 2025. No financial infor...
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December 08, 2022
Salzgitter secures 250 GWh/year wind power from Engie
Salzgitter has signed a power purchase agreement (PPA) with Engie which is effective in Q1 of 2023 until the end of 2025. The deal covers 250 GWh/year of electricity from 10 German onshore w...
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