BayWa to build 8.8 MW plant in Germany without subsidies
Post date: 13/05/2019 - 16:07
BayWa r.e. Renewable Energy GmbH, Munich-based renewable energy project developer, is building a solar park with a capacity of 8.8 MW on the site of the Baltic Sea airport Stralsund-Barth about 30 kilometres east of Stralsund, Germany. The »Barth V« project is being built without subsidies. Construction starts at the beginning of June.
The electricity generated is to be supplied to an industrial partner under a long-term power purchase agreement (PPA). According to the company, negotiations are currently underway with various interested parties. The energy trading subsidiary BayWa r.e. Clean Energy Sourcing GmbH (CLENS) will be responsible for marketing the electricity. The financing will be provided by an unnamed German bank.
In Spain, BayWa r.e., as reported, had already sold the 175 MW »Don Rodrigo« solar farm built without subsidies at the end of the year, the yield of which is forecast at 300 gigawatt hours. The company signed a 15-year power purchase agreement (PPA) with the Norwegian energy group Statkraft. BayWa r.e. will continue to be responsible for technical operations management.