German engineering, procurement and construction (EPC) firm Pfalzsolar GmbH has signed its first power purchase agreement (PPA) to deliver electricity from the Dankmarshausen solar park to its parent company, energy provider Pfalzwerke AG.
A total of 1,340 kWp of the solar park's output will be supplied to Pfalzwerke until the end of 2025, Pfalzsolar said on Monday.
Located on a former landfill area, the Dankmarshausen solar park has a total capacity of 2 MW and is part of the long-term strategic development of Pfalzsolar’s own solar park portfolio. The remaining 750 kWp electricity produced by the plant is marketed under the EEG.
The electricity price set in the PPA is very attractive and the agreed monthly tolerance range of electricity supply provides an option for additional revenues in times of greater output, said Pfalzsolar’s CFO Matthias Fehrentz.
PPAs could become a key market component in the energy transition in future and could be used to serve customer needs in both the up and downstream business, said Pfalzwerke's distribution manager Uwe Veth.
Pfalzsolar has been developing, building and operating large-scale ground-mounted solar plants and rooftop PV systems since 2003.
Anna is a DACH expert when it comes to covering business news and spotting trends. She has also built a deep understanding of Middle Eastern markets and has helped expand Renewables Now's reach into this hot region.