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PPAs secure financing of two newly constructed solar parks: LichtBlick purchases 16 GWh of solar power per year from greentech

Oct 10, 2023

Image info: Symbolic commissioning in Großheirath with (from left to right) Rob Jansen, Eneco, Nicolai Wüsten, LichtBlick, Kevin Galle and Florian Berger

Image: greentech.


Hamburg, 28.09.23 – The two Hamburg-based companies LichtBlick and greentech are further expanding their cooperation to implement the energy transition. After the integrated energy supplier commissioned the greentech Group as general contractor for the construction of its first own ground-mounted photovoltaic plant in Calbe, LichtBlick has secured around 16 GWh of solar power annually from two new construction projects by greentech in Bavaria with a long-term power purchase agreement. This will supply around 7,000 households per year.  

At the end of last year, the two companies had already concluded several direct supply contracts (Power Purchase Agreements – PPAs), which exclusively supply the green electricity provider with solar electricity from greentech’s “Untersiemau” and “Großheirath” projects in Bavaria for more than five years. The PV plants will go into operation soon.  

“Direct supply contracts are a key to green power supply for households and businesses and show that solar power is marketable,” says a delighted Dr. Enno Wolf, Managing Director Green Energy Markets at LichtBlick. LichtBlick has concluded numerous PPAs with wind and solar park operators in recent years.  

“With LichtBlick as a Hamburg-based company, we have been able to gain a strong and reliable partner for the purchase of our solar power. The conclusion of these PPAs and the current commissioning of the parks are further milestones in the consistent implementation of our clear growth strategy as a fully integrated developer and operator of PV plants and as an asset manager for institutional investors,” explains Felix von Buchwaldt, Managing Partner at greentech.

Press contact

Lena Konopko
Corporate Communications
Warburgstraße 50
20354 Hamburg

Telefon: +49 160 22 11 258


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