We invest in our own portfolio of solar power plants, covering the entire value chain. ENERPARC currently has around 500 solar power plants with a capacity of 3,532 MW in its own portfolio – developed, built and managed in-house. ENERPARC participates in EEG tenders, invests in solar and large-scale storage projects with fixed feed-in tariffs, and develops subsidy-free solar power plants and battery systems in Europe with power purchase agreements (PPAs) for energy suppliers or large consumers.
- 3,532 MW in its own portfolio
- Planning, construction and operation
- Participation in EEG tenders
- Development of subsidy-free solar power plants
A Power Purchase Agreement (PPA) is an often long-term electricity purchase agreement, usually between a current purchaser (buyer) and a plant operator (seller) of renewable energies. This contract regulates all the necessary conditions, such as the amount of electricity, the prices negotiated, the balance sheet processing or the contract duration. Since a PPA is a bilateral contract, it can take many different forms that are tailored to the contracting parties. PPAs are found primarily with large electricity consumers (e.g. industrial companies), traders, energy suppliers and operators of renewable energy systems without government subsidy systems. The advantages of a power purchase agreement for players in the energy market include: long-term price security, opportunities to finance investments in new electricity generation capacities or the reduction of risks in the sale and purchase of electricity.
The Renewable Energy Sources Act (EEG) was introduced in 2000 as a central component of the German energy transition. The goal behind the EEG is to gradually achieve 80% of the electricity supply from renewable energies by 2050 and thus increase the proportion of renewable energies in the German gross electricity consumption (§1 EEG 2017). The EEG guarantees plant operators of renewables a fixed energy buy-back price in ct / kWh for 20 years from the date of commissioning. State funding for the first plants will therefore end in 2021. The so-called Power Purchase Agreements can be a new instrument for the economic operation of these old systems, regardless of the EEG funding.
