Encavis gets 37.6-MW solar carport in Netherlands
- German solar as well as wind farm driver Encavis AG (ETR: ECV) has actually purchased a solar carport in the Dutch district of Flevoland with a total power producing capacity of 37.6 MW.
Mounted in an area of 250,000 square metres (2.6 million sq ft), the Biddinghuizen asset is claimed to be the largest solar carport in the world with around 15,000 parking area utilized for events and events. The facility is furnished with more than 90,700 bifacial modules that have actually been producing power since September 2021.
Encavis made the acquisition, whose worth was not disclosed, via its asset management arm. The solar park is currently part of the Encavis Infrastructure Fund II (EIF II), an investment fund for credit score establishments, largely savings and also participating banks, with a complete investment volume of over EUR 1 billion (USD 1.01 bn).
"The procurement of the Biddinghuizen solar park broadens EIF II's generation capacity to a total amount of practically 600 MW," Karsten Mieth, audio speaker of the board of Encavis Asset Management, stated in journalism release.
Encavis is an independent power manufacturer in the field of renewable energies in Europe. Its portfolio has a current generation capacity of regarding 3.4 GW.
The German company earlier in November spent an unrevealed total up to raise to 80% from 30% its shareholding in Italian solar power devices carrier Stern Energy SpA.