Emeren Group sells solar power project
Emeren Group sold the 11.5 MWp PV project to MET Group.
Image for illustration purposes.
Germany, Kentzlin: Emeren Group sold the 11.5 MWp PV project to MET Group.
Emeren Group Ltd (Emeren), a global solar project developer, owner, and operator, announced the sale of an 11.5 MWp PV project to the Swiss energy company MET Group.
The project was sold at the Ready-to-Build (RTB) stage and MET Group will complete the construction and operate the power plant. This is the first project developed to RTB stage by Emeren Germany GmbH, the Berlin-based subsidiary of Emeren Group.
The PV power plant will be located in Kentzlin, in Mecklenburg-Western Pomerania. It is expected that commercial operations will start in the second half of 2024.
Yumin Liu, CEO of Emeren Group, commented, “This project is an important milestone for our business in Germany and represents our commitment to developing renewable energy infrastructure in the region. We look forward to continuing to work with our local partners to build a more sustainable future.”
Bernd Wollwerth-Carl, Director of Emeren Germany GmbH, said, “We are delighted to have sold our first RTB project in Germany. Starting from scratch in 2021, we managed to grow quickly in a competitive German PV market, establishing partnerships and building a pipeline of medium and large-scale ground mounted PV plants. With MET, we found a reliable and competent partner and we look forward to further expanding our cooperation.”
Christian Hürlimann, Renewables CEO of MET Group, added, “The Kentzlin project fits well into MET’s strategic vision to enter the highly competitive German renewables market, as well as to further expand its renewables portfolio across Europe and particularly in Western Europe. Emeren Group’s expertise in renewable energy was instrumental in achieving this milestone, and we anticipate future collaboration on additional projects.”
Source: PRNewswire