Info
Info
News Article

Encavis AG Acquires Another Solar Park In The Netherlands

News

Hamburg-based solar and wind park operator Encavis AG has acquired another solar park with a generation capacity of over 14 megawatts (MW) in the Netherlands. At the same time, the three solar parks acquired in 2018 back then ready-for-construction have been completed and connected to the Dutch power grid. This gives Encavis AG an active generation capacity of more than 100 MW in the Netherlands.

Acquired in January 2019, the "Zierikzee" solar park in the province of Zeeland has a generation capacity of 14.1 MW and was connected to the power grid at the end of 2018. The electricity generated by the park is sold long-term for 15 years for a fixed renumeration of almost 11 Euro-Cent per kilowatt, hereafter to the then prevailing market price.

Encavis expects the Zierikzee solar park to generate annual revenues of roughly EUR 1.4 million as of the first full year of operation. The total investment including project-related financing costs amounts to EUR 10.6 million. The seller holds a remaining share of 10 percent in the solar park.

With the new solar park acquired in January 2019 Encavis AG increases its active generation capacity in the Netherlands to some 106 MW. Encavis thus contributes to a sustainable, green energy supply in the Netherlands. Among the solar parks that were successfully taken into operation as planned in December 2018 is the Budel solar park. With a capacity of 43.9 MW the Budel solar park is the largest Dutch solar park of Encavis. The park was taken over by the company as part of the strategic partnership with the UK project developer Solarcentury in March 2018.

"We have increased our presence in the Netherlands actively as scheduled and further enhanced the regional diversification of our portfolio. Furthermore, we were able to complete all of our Dutch PV parks that were acquired as "ready to build"-projects on time and successfully connected them to the power grid.", says Dr. Dierk Paskert, CEO of Encavis AG.

Scots Homes And Businesses Small-scale Renewables Future Uncertain
SSE Chooses Contigo’s Envoy For Electronic Data Transfer With National Grid
Eco2Solar Announce Exclusive Deal With Redrow
Plan For The EV Revolution Now Or Miss The Opportunity To Integrate
Siemens Smart Infrastructure: Real-time Data Will Drive Sustainable Infrastructure Cities Of The Future
TLT Continues Clean Energy Growth With Ecotricity GC Hire
Solar Energy Company To Create 50 New Jobs In Wicklow
UK Government Funds New Taxi Charge Points
New Technologies For Renewable Energy To Be Developed By Region’s Universities
Solar Shines Light On Britain’s March Towards Low-carbon Future
UK Solar Power Market Will Thrive
The Ethics Of Energy Distribution
SuperSolar Hub Brings UK Researchers Together To Focus On Perovskite PV
Is The UK Really Ready For An Electric Vehicle Rollout?
Energy Tariff Differences Across Scotland
Clean Energy Industry United Against Ofgem’s Proposed Network Charging Reform
Q CELLS Gears Up For UK’s Attractive Post-FIT Solar Landscape
UK Government Grants £6 Million To Support Charging Infrastructure For Taxis
E.ON Launches First-of–its-kind Solar Reward For New Solar Customers
Loughborough Student Helps Solve Scientific Puzzle That Could Improve Solar Panel Efficiency
Lightsource BP Unveils Plans For Solar Near Fowlis
Gridserve To Open UK-wide Network Of Electric Forecourts
Cubico Sustainable Raises £272 Million For Portfolio Refinancing In UK
Solar Farm Proposal Approved As Ashford Leads The Way In Kent

Info
×
Search the news archive

To close this popup you can press escape or click the close icon.
Logo
×
Logo
×
Register - Step 1

You may choose to subscribe to the Smart Solar Magazine, the Smart Solar Newsletter, or both. You may also request additional information if required, before submitting your application.


Please subscribe me to:

 

You chose the industry type of "Other"

Please enter the industry that you work in:
Please enter the industry that you work in:
 
X
Info
X
Info