Energiepark Lausitz consortium sells solar park to clearvise AG

GP JOULE, TERRAVENT Investments and STEINBOCK EE hand over solar park "Klettwitz Nord" in Schipkau

Reußenköge/Schipkau, 20 January 2022
GP JOULE, TERRAVENT Investments and STEINBOCK EE sell the "Klettwitz Nord” solar park, located in the municipality of Schipkau in the district of Oberspreewald-Lausitz, Brandenburg, to clearvise AG, an independent renewable energy power producer with a diversified European asset portfolio. It is the first of a total of three solar parks to be built at Energiepark Lausitz. Construction is progressing rapidly, with around 183,000 modules to be installed for the approximately 90 megawatt capacity. Commissioning is planned for the second quarter of 2022. 

The solar park was built on an old high dump for lignite mining, which ideally complements an already existing wind farm there. "With this project, we are successfully implementing optimal land use in the context of the energy turnaround. Wind, solar and, in the future, hydrogen will form the basis of a new infrastructure for Lusatia," said the Energiepark Lausitz consortium unanimously. "From a planning point of view, integrating this infrastructure proved to be challenging, resulting in a complex project. We are therefore very pleased to have found a particularly experienced buyer in clearvise AG and its highly experienced project planning team." 

"We are very pleased about the successful acquisition, and a big thank you goes to all those involved in the project for this showcase project in Lusatia. Such projects are needed to ensure that the transition to energy supply from renewable energies can succeed. With this acquisition, we are further expanding our portfolio by around 1/3 to 345 megawatt. Through the expansion in the solar photovoltaic sector to already around 50% of production capacity, the acquisition contributes directly to increasing cash flow per share and further stabilising cash flows," says Petra Leue-Bahns, CEO of clearvise AG. 

A total solar capacity of 300 megawatt is being created at the Energiepark Lausitz, making it one of the largest solar projects in Germany. The CO2-free electricity generated here flows into the public grid, is supplied to direct electricity consumers and is converted on site into green hydrogen for industry and mobility. Work on the second solar park "Klettwitz Süd" (80 megawatts) will soon begin in the municipality. At the same time, planning for the third section "Hochkippe Sallgast" (120 megawatts) on land belonging to the municipalities of Schipkau, Lichterfeld-Schacksdorf, Sallgast and Lauchhammer is progressing.

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About the initiators

STEINBOCK EE is a project developer and door opener for renewable energy projects. With in-depth industry knowledge and over 20 years of project experience, Steinbock EE accompanies forward-looking renewable energy developments from the initial idea to the finished project.

TERRAVENT Investments has been at home in the energy, real estate and shipping sectors for over 20 years. The focus is on renewable energies, in particular on large-scale photovoltaic open spaces, wind farms and projects related to the production and marketing of green hydrogen. In the wind power sector, Terravent Investments projected around one gigawatt of capacity, including the Klettwitz wind farm, which was repowered with 89 megawatts in 2015.

GP JOULE, founded in 2009, is a system provider for integrated energy solutions from solar, wind and biomass, as well as a partner at the supply level for electricity, heat, hydrogen and electromobility. At Energiepark Lausitz, GP JOULE is responsible for the project planning, construction and operational management of the solar parks and the hydrogen infrastructure, among other things.

About clearvise
Clearvise AG is an independent electricity producer from renewable energies with a diversified, European plant portfolio. Currently, the citizens’ wind shared established investment portfolio consists of a capacity of around 345 MW consists of wind and solar parks in Germany, France, Ireland and Finland as well as a biogas plant. Based on a three-pillar strategy, the company focuses on expanding its portfolio of wind onshore and PV plants in Europe and making them profitable. The clearvise AG share (WKN A1EWXA / ISIN DE000A1EWXA4) has been listed since 2011 and is currently traded on the OTC markets of various German stock exchanges and via XETRA.

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