Statkraft to offtake 50 GWh from solar parks in Bavaria

• Norwegian electric utility Statkraft AS will obtain 50 GWh from solar parks in southerly Germany run by Nuremberg-based solar developer as well as power producer Greenovative.

Both firms have actually signed a 10-year power purchase agreement (PPA) reliable since January 2024, Statkraft stated on Wednesday.

The power will certainly be created by solar parks with an integrated ability of nearly 50 MWp in the government state of Bavaria. Part of the power plants are already operational et cetera will certainly go online in the 2nd quarter of 2023.

The acquired power corresponds to the yearly power usage of 12,700 homes. Statkraft will provide it to industrial consumers.

The PPA serves as a hedge against the price threats in the long-term, therefore making it possible for the lucrative construction as well as procedure of the sustainable power plants.

Greenovative is responsible for the advancement, building and also long-lasting operation of the solar farms.