November 6 (Solar) – German solar developer Ib vogt GmbH said on Monday it has officially opened its 54.5-MWp Scaldia solar park in the Netherlands.
Situated in the municipalities of Borsele and Vlissingen, near the North Sea Port, the photovoltaic (PV) plant is the largest one in Zeeland province and in the whole country, according to the German developer. Its construction took six months.
The Scaldia solar park consists of over 140,000 panels that will be producing an average of 51,000 MWh of power each year. The generated electricity and Certificates of Origin will be sold to France’s Engie SA (EPA:ENGI) under a 17-year power purchase agreement (PPA). The plant's annual output is estimated to be enough to meet the demand of over 14,000 homes and will help offset 738,000 tonnes of carbon dioxide (CO2) emissions.
Ib vogt acquired the project from developer Solarpark Zeeland in February and in May secured EUR 41 million (USD 46.8m) in financing from HSH Nordbank AG. Apart from being its owner, Ib vogt will take care of the PV park’s operation and maintenance (O&M).
(EUR 1.0 = USD 1.141)