- The plant would have an installed capacity of 11.5 MWp and approximately 13 gigawatt-hour (GWh) annual energy production.
- MET Group targets a 2GW installed capacity portfolio by 2026.
MET Group, a Swiss-based energy company, has purchased a 100 per cent stake in a solar development project, the Kentzlin photovoltaic project. Once completed, the solar plant located in Mecklenburg-Western Pomerania will have an installed capacity of 11.5 MWp and approximately 13 GWh of energy production annually, corresponding to the average annual consumption of 3600 German households.
The renewables expansion strategy by MET Group plays an active role in the European energy transition and targets a 2GW installed capacity portfolio by 2026. In 2022, MET penetrated the renewables market in four new countries with acquisitions in Spain, Italy, Poland, and Romania.
Speaking on the project, Christian Hürlimann, Renewables CEO of MET Group, said, “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.”
The solar power plant project reached ready-to-build status by mid-July, with projections to start commercial operations in the second half of 2024.