Clearvise AG acquires solar park with a 42MWp installed capacity
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In a press release, Clearvise AG, a German renewable power producer, announced its acquisition of the Wolfsgarten solar park from ALTUS Renewables GmbH (ALTUS). The solar park acquired by the renewable power producer has a capacity of 42 MWp (megawatt peak).
The release mentioned that with this acquisition of the solar park, “Clearvise AG is successfully expanding its operational generation portfolio to 316 MW of installed capacity and is consistently pursuing its stated goal of balanced electricity production, half from wind and half from solar energy”.
ALTUS developed the 47.2 MWp solar park, which began operating in 2024. The electricity generated by the park is “marketed via a Power Purchase Agreement (PPA)”, according to the release.
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According to the press release, this makes the Wolfsgarten solar park “the second project in Clearvise’s operational portfolio that can be operated economically successfully without tariff subsidies via private sector power purchase agreements.”
The two concerned parties signed the PPAs for two solar parks—Wolfsgarten and Heiligenfelde—in 2021. However, due to market changes, supplementary agreements became necessary, which led to Clearvise and ALTUS’s takeover of Wolfsgarten.
On the other hand, “Stadtwerke Mainz-Wiesbaden will initially keep the smaller Heiligenfelde project with 10 MWp of installed capacity in its own operation”, according to the release.
The release also featured a comment from Petra Leue-Bahns, the CEO of Clearvise AG. She said, “Good things come to those who wait. A complex, large project like Wolfsgarten shows that we rightly trust in ALTUS’s development expertise. We would like to thank our long-standing partner for the good cooperation and tireless efforts. This meant that the park could be put into operation as planned before the summer months when the sun is shining.”
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