The 14.5MWp Floating PV installation Sekdoorn near the Dutch city of Zwolle. Image: BayWa AG.
European independent power producer (IPP) Encavis has acquired a portfolio of Dutch solar assets with a combined capacity of 80MWp from renewables developer BayWa r.e.
The portfolio of seven assets, which includes a 21.8MWp install at Grongingen Airport Eelde and two floating PV projects at Tynaarlo and Sekdoorn, have been taken aboard by Encavis’ asset management arm Encavis AM.
A complete list of assets included in the sale and their capacities is as follows:
|Maas en Waal||5.1|
The deal represents the first time BayWa r.e. has moved to sell built solar assets in the Netherlands but continues the developer’s relationship with Encavis having previously sold the IPP European wind and solar projects.
Karsten Mieth, speaker of Encavis’ management board, said the deal was “particularly satisfying” to conclude due to both the ongoing relationship between the two parties and the ongoing COVID-19 pandemic, which has placed considerable pressure on Europe’s solar industry.
BayWa r.e. meanwhile confirmed that further sales from its pool of Dutch solar assets are planned for the coming months and Matthias Taft, board member at BayWa AG, said the sale was further evidence that the firm’s entrance to the Dutch solar market was “absolutely the right thing to do”.
BayWa acquired a 70% stake in a 2GW pipeline of solar projects in the Netherlands in March 2018, committing to build them out alongside original owner GroenLeven. The duo have been active in the market ever since, with a particular eye for floating solar projects.
“Working with GroenLeven, we have a strong development pipeline and have grown the team on the ground fivefold to manage our presence and activities here in the Netherlands. We expect this initial success to be matched as we head into the second half of 2020,” Taft said.
Solar Media’s new Digital Summits series has been launched to provide critical market insights, intelligence and networking opportunities to maintain our industries’ momentum. Running throughout May and June, the Digital Summits will deliver the full live event experience to your own home.
- Energy Storage Digital Series: 11-15 May. See here for more information on how to take part.
- Large Scale Solar Digital Series: 18-22 May. See here for more information on how to take part.
- Solar & Storage Finance Digital Series: 1-5 June. See here for more information on how to take part.
- EnTech Digital Series: 15-19 June. See here for more information on how to take part.
- Everything EV Digital Series: 6-10 July. See here for more information on how to take part.
Dec 15, 2020 GMT
Hear from market leaders experienced with delivering the largest projects and portfolios in the UK. Understand the challenges they face bringing NSIP (Nationally Significant Infrastructure Project) projects and multi-GW portfolios to shovel ready stage and hear their perspectives on the continued growth of UK solar and the construction boom expected over the next few years.
May 26 - May 27, 2021
Looking at the drivers and dynamics of utility scale solar in the UK & Ireland over the next five years. This event will consider the immediate challenges as we enter the build phase in both these markets where we could see as much as 4GW deployed in 2021 alone! What developments will continue the growth of 100MW+ sites and what impact will government policy have on the rate of deployment in both markets?Join leading developers and manufacturers shaping the direction of one of Europe’s most active markets and hear from speakers with a history of influencing innovation and change.
Mar 09 - Mar 11, 2021
Understand fully the technical and logistical supply chains that determine the production and performance of solar modules, including all related factors impacting quality, reliability & bankability. This event will be run online with streamed content and online networking.