Germany’s Trianel in 800MW wind and solar push
Analysts believe German PV will reach cost parity with coal and gas next year (Credit: Hanwha Q CELLS)
German municipal utility group Trianel is to invest fresh capital to build an 800MW pipeline of wind and solar assets.
Under plans unveiled on Wednesday, the firm will deploy €13 million in development funding to boost its renewable portfolio.
The planned build-up comes after Trianel’s first forays in the PV space, with 100MWp of ground-mounted capacity completed.
"For 2019 we have the implementation of another 120MWp in the fixed planning, of which 80MWp have already been slated,” said Andreas Lemke, who runs Trianel’s decentralised energy systems department.
“Further declining construction costs and economic optimisation potential throughout the entire development chain make PV open-space projects economically attractive,” he added.
In Germany, the upcoming PV boost emerges weeks after analysts predicted the country's industry would reach cost parity with gas and coal by 2020, a milestone only rivalled by Spain.
Large Scale Solar Europe 2019
Investors ready to pounce on subsidy-free solar momentum
European Commission: Solar to be ‘central’ in post-2020 clean energy efforts
Free-market solar to require new breed of developer
Spain leaves sun tax days behind with self-consumption decree
Industry: Subsidy-free PV to take longer to bloom in the Netherlands
PV ModuleTech
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.
Also read...
-
ASIAN ROUND-UP: Scatec’s Vietnam push, Singapore’s solar nappies, Indian PV shines
-
BlackRock snaps up Canadian Solar’s 68MW Mexican plant
-
GCL selling 70% interest in almost 1GW of PV power plant capacity
-
Voltalia kickstarts French corporate PPA scene with 5MW deal
-
ASIAN ROUND-UP: A toast to Chinese rooftop, Myanmar's potential, Post-FiT Japan
Comments