AMPYR Completes Funding for 96-MWp Dutch Solar Project

Oct 24, 2024 02:10 PM ET
  • AMPYR Solar Europe's NOP solar plant will power 30,000 homes, slashing CO2 emissions by 36,000 tonnes annually—ushering in a greener future for Noordoostpolder!
AMPYR Completes Funding for 96-MWp Dutch Solar Project

AMPYR Solar Europe has secured funding for a 96-MWp solar project, named the NOP solar plant, located in Noordoostpolder, Flevoland, Netherlands. The facility, which is set to be operational by June 2024, will generate power sufficient for approximately 30,000 homes and help reduce carbon dioxide emissions by 36,000 tonnes annually. Financing is sourced from AMPYR's EUR-200-million omnibus facility with Rabobank.

The solar complex will span 65 hectares and comprise four individual plants, all functioning together as a single renewable energy site. With this addition, AMPYR's renewable energy capacity in the Netherlands will exceed 130 MWp, further bolstering its pipeline, which currently stands at around 1.5 GWp across the country.

What are the key details of AMPYR's new NOP solar project in the Netherlands?

Here are the key details regarding AMPYR's new NOP solar project in the Netherlands:

  • Project Name: NOP Solar Plant
  • Location: Noordoostpolder, Flevoland, Netherlands
  • Capacity: 96 megawatts peak (MWp)
  • Operational Date: Expected commencement in June 2024
  • Power Generation: Designed to supply electricity for about 30,000 households
  • Carbon Emission Reduction: Projected to cut carbon dioxide emissions by approximately 36,000 tonnes per year
  • Land Area: The solar facility will cover a total of 65 hectares
  • Composition: The plant will encompass four individual solar installations that will operate collectively as one renewable energy site
  • Investment Financing: Funded through AMPYR’s EUR 200 million omnibus facility provided by Rabobank
  • Renewable Energy Capacity: Following this project, AMPYR's total renewable energy capacity in the Netherlands will surpass 130 MWp
  • Pipeline Expansion: The company’s overall project pipeline in the Netherlands is currently around 1.5 gigawatts peak (GWp), indicating significant growth in their renewable energy endeavors
  • Technological Advancements: The project may integrate advanced solar technologies aimed at maximizing efficiency and energy output
  • Community Impact: The facility is expected to stimulate local economic growth, create jobs during construction and maintenance phases, and contribute to sustainable energy goals in the region
  • Regulatory Compliance: The project adheres to Dutch renewable energy regulations and sustainability guidelines, ensuring minimal environmental impact during its operation and construction phases
  • Future Goals: AMPYR aims to continue expanding its renewable energy footprint across Europe with similar solar projects, promoting a transition toward more sustainable energy sources

These points reflect AMPYR's strategic initiatives in renewable energy, emphasizing the significant impact of the NOP solar project on both local communities and environmental sustainability.




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