Might 6 (Renewables Now) – German vitality firm MVV Energie AG (ETR:MVV1) will offtake the electrical energy from a 16.5-MWp photo voltaic park within the state of Baden-Wuerttemberg that has simply been put into operation.
MVV Buying and selling, the vitality buying and selling subsidiary of the Mannheim-based energy firm, has signed an influence buy settlement (PPA) to market the electrical energy from the Bremelau photo voltaic park and provide it to its clients for a interval of ten years, MVV stated earlier this week.
The photo voltaic farm is positioned within the Swabian Alb area in southern Germany and was developed by MVV’s subsidiary Juwi AG.
The Bremelau challenge was among the many winners in a young by the Federal Community Company however the vitality firm gave up the remuneration beneath the EEG scheme, stated Juwi govt Christian Arnold. As a substitute, the 2 corporations determined to depend on a PPA so as to profit from the excessive electrical energy costs and enhance the asset’s profitability.