MET Group Acquires Solar-Plus-Storage Project in Germany

Jun 20, 2024 03:05 PM ET
  • MET Group acquires solar-plus-storage project in Germany, paving the way for renewable energy development in the Lausitz area. Exciting collaboration with ToRa GmbH for innovative grid integration.

Switzerland-based energy company MET Group has acquired a solar-plus-storage project in Saxony, Germany, with plans to develop a solar farm with a capacity of 62 MWp and a co-located battery system of 60 MW/240 MWh. The project was acquired from German renewables developer ToRa GmbH, with the price remaining undisclosed.

The project, located in Gross Dueben, has the potential for further renewable energy development in the Lausitz area. MET Group and ToRa GmbH will collaborate on the project's development, which is unique in the German market due to its integration of grid connection and battery storage, offering significant potential for expansion.

What makes the solar-plus-storage project in Saxony unique in the German market?

  • The solar-plus-storage project in Saxony, Germany, acquired by MET Group, has a capacity of 62 MWp for the solar farm and a co-located battery system of 60 MW/240 MWh.
  • The project was acquired from German renewables developer ToRa GmbH, with the price remaining undisclosed.
  • Located in Gross Dueben, the project has the potential for further renewable energy development in the Lausitz area.
  • MET Group and ToRa GmbH will collaborate on the project's development, integrating grid connection and battery storage, making it unique in the German market.
  • The integration of grid connection and battery storage offers significant potential for expansion and sets this project apart from others in the German market.

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