Blue Elephant Energy, UKA partner to develop 500MWp of solar in Germany

Facebook
Twitter
LinkedIn
Reddit
Email
A solar project in Greece that Blue Elephant Energy recently acquired. Image: ABO Wind.

Hamburg-based solar operator Blue Elephant Energy has joined forces with renewables developer Umweltgerechte Kraftanlagen (UKA) to develop a 500MWp solar portfolio in Germany.

The portfolio consists of 11 PV projects in an advanced development stage that have capacities between 20MWp and 130MWp and will be built in the states of Brandenburg, Mecklenburg-Vorpommern, Saxony and Saxony-Anhalt.

This article requires Premium SubscriptionBasic (FREE) Subscription

Unlock unlimited access for 12 whole months of distinctive global analysis

Photovoltaics International is now included.

  • Regular insight and analysis of the industry’s biggest developments
  • In-depth interviews with the industry’s leading figures
  • Unlimited digital access to the PV Tech Power journal catalogue
  • Unlimited digital access to the Photovoltaics International journal catalogue
  • Access to more than 1,000 technical papers
  • Discounts on Solar Media’s portfolio of events, in-person and virtual

Or continue reading this article for free

UKA will develop the plants until they reach ready-to-build status. After construction, the projects will remain part of Blue Elephant’s asset portfolio. It is expected the first projects will be complete in early 2023, with revenues to be secured via long-term power purchase agreements.

While UKA has primarily been focused on the development and operation of wind farms, it has increased its activities in the solar sector since 2019. Having previously sold wind projects to Blue Elephant, the latest announcement marks the first solar partnership between the two companies.

The deal will enable Blue Elephant Energy to “significantly expand its German portfolio in a stable and currently very attractive market for PV electricity without bearing risks from project development”, said Tim Kallas, the company’s chief investment officer.

With a renewables portfolio of more than 1.1GW, Blue Elephant Energy acquires and operates solar and wind projects in eight countries, including the Netherlands, Italy and Chile. It entered the Greek market earlier this year with the acquisition of two solar parks totalling 45MWp.

Figures from SolarPower Europe reveal that Germany installed 4.8GW of PV last year, more than any other European market, with its largest subsidy-free solar project, the 187MW Weesow-Willmersdorf facility developed by utility EnBW, connected to the grid in November.

As part of its national energy and climate plan, Germany is aiming to reach 98GW of installed solar PV capacity by 2030.

Read Next

June 6, 2025
Eternal Sun has acquired German solar simulator provider Wavelabs, which has resulted in the formation of a new subsidy, Wavelabs Eternal Sun.
Premium
June 6, 2025
Europe must secure the 'strategic segments' of the solar supply chain, according to experts at a PV Tech panel at this year's Intersolar event.
June 2, 2025
A new manufacturing method has produced tandem perovskite-silicon tandem solar cells with a conversion efficiency of 27.8%.
Premium
June 2, 2025
Struggling Swiss solar manufacturer Meyer Burger has announced that its two German subsidiaries, including the owner of its solar cell manufacturing facility in Thalheim, are insolvent.
May 29, 2025
The German government is seeking 2.2GW of ground-mounted solar capacity in the most recent round of its public renewable energy tender scheme.
May 28, 2025
The German state of North Rhine-Westphalia has launched a Federal Council initiative to accelerate the development of floating solar (FPV) on artificial lakes.

Subscribe to Newsletter

Upcoming Events

Solar Media Events
June 17, 2025
Napa, USA
Upcoming Webinars
June 30, 2025
10am PST / 6pm BST
Solar Media Events
July 1, 2025
London, UK
Solar Media Events
July 1, 2025
London, UK
Solar Media Events
September 16, 2025
Athens, Greece