PARQ Energy snaps up 49.2-MWp solar project in Baden-Württemberg Germany

• PARQ energy acquires a 49.2-MWp solar project in Baden-Württemberg, with Watson Farley & Williams advising and continued support planned for development and grid integration.

PARQ energy GmbH has acquired a 49.2-MWp photovoltaic project in Germany, strengthening the Hamburg-based developer’s pipeline in its home market. The deal, announced by law firm Watson Farley & Williams (WFW), keeps financial terms and the seller’s identity under wraps but confirms that WFW acted as adviser and will support the project’s next development steps.

The asset sits in Baden-Württemberg, a state in southwestern Germany that has leaned on distributed solar to decarbonise municipal and commercial loads. While the project’s construction schedule was not disclosed, PARQ’s move signals confidence in the region’s permitting and grid-connection outlook and adds meaningful, mid-scale capacity to a market where competition for shovel-ready sites is intense.

Founded in 2022, PARQ plans, develops, builds and commissions solar parks, battery energy storage systems (BESS) and green hydrogen projects. Despite its relatively young corporate age, the team cites delivery of more than 5.1 GWp of wind and solar projects for landowners, municipalities and business clients—experience that can shorten timelines between acquisition and commissioning. Pairing PV with storage has become a hallmark for German developers seeking to ease grid constraints and improve project revenues; WFW’s continued role suggests storage and grid integration will be active workstreams as PARQ pushes the scheme forward.

Why it matters: utility-scale and near-utility PV in states like Baden-Württemberg help stabilise local power markets and support Germany’s broader energy-transition goals. For developers, adding ready-to-advance megawatts is a hedge against supply-chain bumps and permitting delays elsewhere. For offtakers, projects of this size can anchor multi-year PPAs or merchant strategies, particularly when complemented by BESS to shift output into evening peaks.

Next, attention turns to milestones such as grid-connection approval, final design, EPC selection and—if pursued—co-located storage sizing. With WFW advising beyond the acquisition, PARQ appears set to move the project through these gates and into the build phase.