Encavis AG

We are thrilled to announce the acquisition of a new wind farm in Everswinkel with a generation capacity of 28.5 MW from Unternehmensgruppe UKA Umweltgerechte Kraftanlagen! This marks another significant step in our rapid growth and commitment to expanding our wind and solar capacities across Germany and Europe. Key Highlights: ⚡Location: Everswinkel, North Rhine-Westphalia, east of Münster ⚡Two projects: Everswinkel I with 22.8 MW, operational since August 2024 and Everswinkel II with 5.7 MW, under construction, completion by UKA ⚡Annual Production: Approximately 64 GWh of green electricity ⚡Secured by: 20-year EEG feed-in tariff Mario Schirru, our CIO/COO, shared his excitement: "After acquiring a wind farm in Saxony from UKA at the end of last year, we are continuing our excellent cooperation. The acquisition of the Everswinkel wind farm is another example of the accelerated expansion of our wind and solar capacities in Germany and Europe." This is another success for our mission to create a more sustainable future! 🌍💚 #Encavis #RenewableEnergy #WindPower #SustainableGrowth #EnergyTransition Fotocredit: UKA/Tilman Schaefer

Much has been achieved in the expansion of renewable energies in recent years. In order to achieve the greenhouse gas reduction target of 65% compared to 1990 levels by 2030 and the doubling of renewable energies, the framework conditions for the electricity market must continue to be improved. Regardless of which next government is elected in Germany in the new elections on February 23, 2025, the following points are of crucial importance for renewable energies: ⚡Negative prices: Electricity production from renewable energies is naturally subject to fluctuations. The unleashed expansion of PV systems, particularly in private households, regularly results in an oversupply of electricity (e.g. at midday when the sun is shining brightly) and negative prices as a result. We are calling for a series of adjustments in the smaller PV segment as well as fundamental adjustments to the EEG subsidies: 1. Reduction of the direct marketing obligation from 100 to 25 kW 2. Mandatory remote controllability for PV systems under 25 kW 3. Limitation of active power to 70% for newly installed PV systems and linking to the addition of smart meters 4. Elimination of remuneration for negative price hours 5. Introduction of a market volume model - i.e. the promotion of systems based on predetermined quantities, with the option of also taking advantage of the promotion at a later date ⚡Grid connections & battery energy storage systems (BESS): 1. Combined grid connection points/overbuilding: It should be possible to connect different renewable energy systems via one grid connection, even if these systems exceed the maximum permissible output in total. The main reason for this is the time difference between the maximum capacity of different generation sources, such as PV or wind energy systems. This significantly reduces the costs for the expansion of plants and grids. 2. Standardized rules: A major hurdle for BESS expansion in Germany is still the lack of standardized and uniform rules for construction cost subsidies and grid connections for all grid operators. These currently vary between grid operators and are not transparent. 3. Grid fees: A permanent exemption from grid fees is essential for the economic operation of storage systems. To date, the exemption has been limited until 2029. In view of the long planning and approval procedures, the time limit should be lifted. #EnergyPolicy #RenewableEnergy #EnergyTransition #SustainableEnergy #ElectricityMarket

The Christmas markets are open, Wham! and Mariah Carey are on the radio and the Christmas lights are shining in the streets and windows. Christmas is coming soon. 🎄 Arche Hamburg (Die ARCHE Kinderstiftung) has set itself the goal of making as many children as possible happy at Christmas and we are delighted to be able to support them in this cause. 👏 We have received many wishes from children and yesterday the presents were festively wrapped. Together, with mulled wine and gingerbread. 🎅 #Encavis #Renewables #Christmastime #Together

Embarking on a New Chapter in Encavis’ History 🤝 Today marks the beginning of an exciting new chapter for Encavis. With all offer conditions for the voluntary public takeover offer by KKR and Viessmann being fulfilled, we’re excited that the offer will be settled within the next days and that we can officially welcome our new strategic partners on board. Together we will accelerate our growth strategy and solidify our position as a leading independent power producer in Europe. Here’s to a bright future together! 🌱 Dr. Christoph Husmann, our CFO and Spokesman of the Management Board, stated: “With the completion of the offer, we will be embarking on a new chapter in our company's history – with strong investors on our side who believe in our potential and will contribute their expertise and resources to the continued growth of Encavis. Together, we will further expand our portfolio of renewable energy production facilities, develop our competencies and strengthen Encavis' market position in Europe.” 👉 Click here to read our press release: https://lnkd.in/emvR2Zwv #Encavis #Renewables #RenewableEnergy #Solar #Wind 

We are happy to announce that our LinkedIn community has grown to over 15,000 followers!🎉 This incredible milestone would not have been possible without each and every one of you and your commitment to green energy. Thank you so much! 🙏 Your support and dedication inspire us every day. We are proud to share our journey with you and introduce you to the amazing projects our dedicated team at Encavis is working on. From innovative renewable energy solutions to sustainable development initiatives, our employees and partners are at the heart of our efforts for a better future. We'd love to hear from you! What topics do you find most interesting? What content would you like to see more of? Your feedback is invaluable to us as we continue to grow and improve. Thank you for being part of our journey. Here's to many more milestones together! 🌟 #Encavis #ThankYou #Milestone #RenewableEnergy #Sustainability #Community

How much energy does a wind turbine generate with one rotation? This question was answered by the German children's program ‘Sendung mit der Maus’ (The show with the Mouse). The surprising results in the video are fascinating for our little friends and all those who have remained just as curious. Would you like a few examples? One revolution generates enough energy for: 🔋 Vacuuming for 8 hours 🔋 Keeping a traffic light lit for 7 weeks 🔋 Working on a laptop for 560 hours 🔋 Driving 50 kilometers in an electric car #Encavis #RenewableEnergy #ClimateProtection #Sustainability #Education #Future #DieSendungmitderMaus https://lnkd.in/eGaGb9_u

We've done it: another long-term PPA has been signed and sealed, expanding our client portfolio to nine companies! Our 55 MW Fundici solar park in Guillena, Spain will supply Schouw & Co. with green electricity for the next 10 years. 🌞 The PPA is expected to start in H1 2025. ⚡ Under the PPA, Schouw & Co. will receive around 88 gigawatt hours (GWh) of electricity per year from Encavis (880 GWh over 10 years). 🌍 This corresponds to more than 40% of the electricity consumption of Schouw & Co.'s European operations. Mario Schirru, CIO/COO of Encavis AG says: “We are very pleased to have entered into this PPA with Schouw & Co., a renowned company. The cooperation demonstrates that Spain is one of the most important PPA markets in Europe. With 500 MW operational and additional 317 MW under construction we have a strong market presence in Spain, which we will further expand, and a significant pipeline for many more PPAs to come.” 🚀 This is another milestone for Encavis on our way to becoming one of the leading suppliers of renewable energy in Europe. Special thanks to Ethical Power Spain for the picture from Andalucia! #Encavis #RenewableEnergy #SolarPower #GreenEnergy #Sustainability #PPA #CleanEnergy #FutureIsGreen #Partnership #Decarbonisation

In recent years, the electricity market has been - and continues to be - characterized by the rapid expansion of #RenewableEnergies. Volatile electricity generation in particular is creating a changed market environment and requires the legal situation for the market to be adapted. As a producer of green energy, we are directly shaping the #EnergyTransformation. ⚡Quo Vadis EEG? The Renewable Energy Sources Act (in German #EEG) has created the basis for the expansion of renewable energies. With around 60% of electricity production in the energy mix, renewable energies are fundamentally changing the market. The once static supply from conventional power plants is becoming more dynamic due to the volatility of green energy. This is increasingly leading to oversupply, for example due to solar radiation at midday. This results in up to 20% of negative price hours per year, which are nevertheless remunerated under certain conditions in accordance with §51 EEG and therefore burden the EEG household account. ⚡Open for discussion: Adjustment proposals from the German Federal Ministry for Economic Affairs and Climate Protection (Bundesministerium für Wirtschaft und Klimaschutz) 1. Remuneration based on the electricity actually fed into the grid (production-dependent): This alternative largely corresponds to an adapted form of the previous EEG and is based on the contract-for-difference (CfD) model. Here, the remuneration for the electricity fed into the grid is determined by comparing the reference price on the electricity exchange with a predetermined remuneration. The state pays the difference or the plant operator pays it to the state, i.e. the operator receives the same price for every kWh fed into the grid. 2. Remuneration based on the potential possible feed-in (production-independent): This alternative is based on the theoretically possible feed-in and depends on a reference plant that corresponds to a standardized technical status of wind or PV plants, i.e. the operator receives a sum of money each year regardless of his own production. ⚡Encavis’ Position In line with the German Association BDEW Bundesverband der Energie- und Wasserwirtschaft e.V., we recommend a CfD-based market volume model for the revision of the EEG. This model continues to be based on the logic of the previous EEG, but replaces the fixed funding period of 20 years with a predetermined funding volume. If negative price hours are no longer remunerated, there is a direct incentive for operators to switch off systems at such times and take advantage of the subsidy at a later date when prices are positive. Wind and PV systems could be managed in a system-friendly manner, while uncertainties about remuneration on the market are avoided. Encavis also recommends that the Fed. Ministry issue targeted tenders for capacity mechanisms in line with production-independent remuneration and test them in a real laboratory. Where do you think the EEG should be heading?

Our team for RE-Source Platform Amsterdam. Have fun! #ppa

Ivonne Briceño from our Energy Portfolio Management team was at UNEF Spanish Solar Association's #ForoSolar and gained some exciting impressions.