Bosch RWE Solar PV Park is a 50MW solar PV power project. It is planned in Germany. The project is currently in permitting stage. It will be developed in single phase. The project construction is likely to commence in 2023 and is expected to enter into commercial operation in 2024.
| Project Type | Total Capacity (MW) | Active Capacity (MW) | Pipeline Capacity (MW) | Project Status | Project Location | Project Developer | Solar PV | 50 | – | 50 | Permitting | Germany | RWE Supply & Trading |
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Description
The project is being developed and currently owned by RWE Supply & Trading.
Bosch RWE Solar PV Park is a ground-mounted solar project.
The project cost is expected to be around $42m.
Development Status
The project construction is expected to commence from 2023. Subsequent to that it will enter into commercial operation by 2024.
Power Purchase Agreement
The power generated from the project will be sold to Robert Bosch under a power purchase agreement for a period of 16 years.
About RWE Supply & Trading
RWE Supply & Trading GmbH (RWE), formerly RWE Trading GmbH, a subsidiary of RWE AG, is an energy trading company that offers energy and energy-related raw materials. The company distributes electricity, gas, coal and oil. It provides energy-related financial services such as investment counselling and brokerage, acquisition mediation, financial portfolio management, trading and financial consignment services. RWE also offers gas procurement, transport and storage services. The company operates through its offices located in Den Bosch, Geneva, Prague, Singapore, New York, Jakarta and Mumbai. RWE is headquartered in Essen, Germany.
Methodology
All power projects included in this report are drawn from GlobalData’s Power Intelligence Center. The information regarding the project parameters is sourced through secondary information sources such as electric utilities, equipment manufacturers, developers, project proponent’s – news, deals and financial reporting, regulatory body, associations, government planning reports and publications. Wherever needed the information is further validated through primary from various stakeholders across the power value chain and professionals from leading players within the power sector.
