sur Energiekontor AG (ETR:EKT)
Energiekontor AG Expands Portfolio with Letschin Solar Park
Energiekontor AG has successfully inaugurated the Letschin solar park in Brandenburg, Germany, enhancing its renewable energy portfolio. The 60 megawatt peak park spans 55 hectares and is designed to supply renewable electricity to approximately 21,000 households annually, reducing CO2 emissions by 47,000 tonnes per year. A long-term power purchase agreement with a German industrial firm supports its operations.
This launch raises Energiekontor’s total generation capacity to 444 megawatts, with solar energy now comprising 19% of their portfolio. The company aims to further increase capacity with the upcoming Königsfeld solar park, which is set to begin operations in mid-2025. This expansion aligns with Energiekontor's strategy to solidify its revenue base and diversify its technological offerings in the energy sector.
The company's focus on enhancing its renewable energy footprint is evident in its pipeline projects, which signify growth potential beyond 600 megawatts. Energiekontor continues to leverage its longstanding industry presence, aiming for financial stability through sustainable practices.
R. E.
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