ENCAVIS successfully commissions its solar park in Borrentin (114 MW), boosting grid-connected capacity in Germany to 700 MW
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EQS-News: ENCAVIS AG
/ Key word(s): Expansion/Expansion
Corporate News
ENCAVIS successfully commissions its solar park in Borrentin (114 MW), boosting grid-connected capacity in Germany to 700 MW Hamburg, 5 December 2024 – The Hamburg-based wind and solar park operator Encavis AG has successfully connected its largest German solar park in its own portfolio to the grid. The solar park in Borrentin (Mecklenburg-Western Pomerania) was built in a short construction period by BELECTRIC, one of the leading EPC service providers in the development, construction and operation of solar power plants in Europe. It will produce around 121 gigawatt hours (GWh) of green electricity per year. ‘Together with BELECTRIC, the municipality of Borrentin and the landowner, we have realised this mega project with 200,000 installed solar modules on an area the size of 135 football pitches and mastered all challenges in a spirit of partnership. With this step we boost our grid-connected generation capacity from wind and solar energy in Germany to 700 MW, marking a significant milestone towards our ambitious goal of connecting 7 GW of generation capacity to the European grid by 2027,’ says Mario Schirru, CIO/COO of Encavis. ‘We are proud that, together with our partner Encavis and all those involved, we have succeeded in putting our major project in Borrentin into operation after such a short construction period. In total, we have now installed more than 1.2 gigawatts of solar power in Germany. This means that solar power plants built by BELECTRIC across Germany have roughly the same nominal output as a nuclear power plant,’ explains Thorsten Blanke, Managing Director of BELECTRIC. The commissioning of the project also marked the start of supply to Allego under the 10-year power purchase agreement (PPA). The company, which operates throughout Europe, will use the electricity from Borrentin to supply its network of charging stations for electric vehicles. *** About Encavis: Within the Encavis Group, Encavis Asset Management AG offers fund services to institutional investors. Another Group member company is Stern Energy S.p.A., based in Parma, Italy, a specialised provider of technical services for the installation, operation, maintenance, revamping and repowering of photovoltaic systems across Europe. ENCAVIS is a signatory of the UN Global Compact as well as of the UN PRI network. Encavis AG’s environmental, social and governance performance has been awarded by two of the world’s leading ESG rating agencies. MSCI ESG Ratings awarded the corporate ESG performance with their “AA” level and ISS ESG with their “Prime” label (A-), the Carbon Disclosure Project (CDP) with its Climate Score “B” and Sustainalytics with its “low risk” ESG risk rating. Additional information can be found at www.encavis.com Contact:
About BELECTRIC: Additional information can be found at www.belectric.com Contact:
05.12.2024 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG. |
| Language: | English |
| Company: | ENCAVIS AG |
| Große Elbstraße 59 | |
| 22767 Hamburg | |
| Germany | |
| Phone: | +49 4037 85 62 -0 |
| Fax: | +49 4037 85 62 -129 |
| E-mail: | info@encavis.com |
| Internet: | https://www.encavis.com |
| ISIN: | DE0006095003 |
| WKN: | 609500 |
| Listed: | Regulated Market in Frankfurt (Prime Standard), Hamburg; Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart, Tradegate Exchange |
| EQS News ID: | 2044469 |
| End of News | EQS News Service |
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2044469 05.12.2024 CET/CEST
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