CEE Group secures financing for 250 MWp of photo voltaic in Germany, Spain

October 4 (Renewables Now) – Renewable vitality asset supervisor CEE Group has inked financing agreements with DAL Deutsche Anlagen-Leasing GmbH & Co. KG for 3 photovoltaic (PV) initiatives in Germany and Spain with a complete capability of about 250 MWp.

Two of the initiatives for ground-mounted vegetation with a capability of fifty MWp every are situated within the Castilla La Mancha area of central Spain, CEE Group mentioned on Friday.

The third scheme of CEE Group’s portfolio to be financed underneath the cope with DAL is the 154-MWp photo voltaic plant that shall be inbuilt Doellen, within the German state of Brandenburg. The funding for this undertaking is offered by a consortium of DAL and regional financial savings banks Sparkasse Oberhessen and Sparkasse Hannover.

The solar plant in Brandenburg ought to come onstream within the spring of 2023 and feed about 150,000 MWh of fresh energy to the grid per 12 months, in response to an earlier press launch.

The contracts between CEE and DAL have been signed on September 27 on the worldwide commerce honest WindEnergy Hamburg. Extra particulars weren’t disclosed.

Hamburg-based CEE Group has onshore wind parks with an put in capability of round 622 MW and photo voltaic vegetation with round 718 MWp which generate round 1.4 billion kWh in whole.

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