Statkraft signs another PPA in Germany

Wind Industry Profile of

Statkraft, Europe's largest producer of renewable energy, has signed a 5-year power purchase agreement (PPA) for the Strasen solar park. The Norwegian energy company is thus supporting the construction and operation of the 30 MW solar park.

The solar park, which is being developed, pre-financed and built by the Baden-Württemberg-based solar developer Sunovis, will operate entirely without EEG subsidies and is expected to start commercial operation this year. The solar park in Western Mecklenburg-Pomerania will generate around 33 GWh of solar power annually - enough to supply approx. 11,000 households with green power. The purchase of the generated power by Statkraft provides the necessary framework to realise this project. The Norwegian energy company will use the solar... ... More: Official Press Release Statkraft

Keywords:

Statkraft, solar park, PPA, financing, Europe, construction, MW, capacity, Germany, Sunovis, EEG, subsidies, green power