EQS-News: ENCAVIS successfully commissions its solar park in Borrentin (114 MW), boosting grid-connected capacity in Germany to 700 MW

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.
 

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About Encavis:
The Encavis AG (Prime Standard; ISIN: DE0006095003; ticker symbol: ECV) is a producer of electricity from Renewable Energies. As one of the leading independent power producers (IPP), ENCAVIS acquires and operates (onshore) wind farms and solar parks in twelve European countries. The plants for sustainable energy production generate stable yields through guaranteed feed-in tariffs (FIT) or long-term power purchase agreements (PPA). The Encavis Group’s total generation capacity currently adds up to around 3.6 gigawatts (GW), of which around 2.2 GW belong to the Encavis AG, which corresponds to a total saving of around 0.8 million tonnes of CO2 per year stand-alone for the Encavis AG. In addition, the Group currently has more than 1.2 GW of capacity under construction, of which around 900 MW are own assets.

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:
ENCAVIS AG       
Dr. Oliver Prüfer
Press Officer & Manager Public Relations
Tel.: + 49 (0)40 37 85 62 133
E-Mail: oliver.pruefer@encavis.com

About BELECTRIC:
BELECTRIC is one of Europe's leading EPC service providers in the development, construction and operation of solar power plants. The solar energy specialist looks back on more than 20 years of experience in power plant construction and has built more than 5 gigawatts of capacity worldwide. BELECTRIC is a member of Elevion Group. Elevion Group is a leading European provider of end-to-end decarbonization and higher energy efficiency solutions. Thanks to its unique structure and its pioneering spirit, its capabilities can be easily scaled across the project scope, for various project sizes and a range of required expertise. Elevion Group operates on 12+ European markets (including The Netherlands, Germany, Austria, Italy, Poland, Romania and Hungary) through 60+ highly specialized independent companies, but with the financial strength of an international group.

Additional information can be found at www.belectric.com

Contact:
BELECTRIC GmbH
Luisa Müller
Marketing & Communications
Wadenbrunner Str. 10
97509 Kolitzheim
Germany
E-Mail: pr@belectric.com