Encavis gets ready-to-build 26MW solar PV project in Hockliffe

• German independent power producer (IPP) Encavis has actually acquired a 26MWp solar park in Hockliffe, near Luton from Industria Brand Energy.

The acquisition increases the business's strategic growth of its solar energy purchase agreement (PPA) solar park portfolio in the UK.

The solar park awaits building and construction and will be attached to the grid in the initial half of 2023.

The Hamburg-based business will certainly begin building immediately as well as will certainly authorize a PPA for the park once it has obtained a bigger portfolio of solar parks in the UK, stated chief financial investment police officer at Encavis, Mario Schirru.

"Until after that, we will certainly market the power generated in the short-term. This implies that this project in Hockliffe is at first one of the 5% of sales that have not yet been valued," included Schirru.

The IPP presently produces a capacity of virtually 3.3 GW of renewables throughout 11 nations in Europe.