Encavis AG Acquires 26 MWp Solar Park in UK, Ready for Construction
Encavis AG, a wind and solar park operator based in Hamburg, Germany, has announced the acquisition of Chiltern Renewables Hockliffe Limited solar park from Industria Brand Energy Limited. This solar park is ready for construction and will have a generation capacity of 26 MWp. It is located 40 miles from London and is expected to be connected to the grid in the first half of 2023. Mario Schirru, Chief Investment Officer of Encavis AG stated that they plan to start construction as soon as possible and sign an attractive Power Purchase Agreement (PPA) once they have acquired a larger portfolio of additional solar parks in the UK. Until then, electricity generated by the Hockliffe project will be marketed in the short term without being priced yet.
Summary
- Encavis AG is acquiring a 26 MWp solar park in Hockliffe, UK.
- The solar park will be connected to the grid in the first half of 2023.
- Encavis AG will market the electricity generated until they acquire a larger portfolio of additional solar parks in the UK.
What is the anticipated timeline for construction of the Chiltern Renewables Hockliffe Limited solar park?
The anticipated timeline for construction of the Chiltern Renewables Hockliffe Limited solar park is to be connected to the grid in the first half of 2023.You might also like this article: Auswirkungen des Platzens der Immobilienblase in Asiens Tigerstaaten. Picture source: American Public Power Association