PV partnership enters the next round: Sunnic Lighthouse and GEWI conclude ninth PPA.

GEWI and Sunnic Lighthouse are continuing their successful cooperation in the area of Power Purchase Agreements (PPA). The two northern German direct marketers signed their ninth joint photovoltaic PPA at the beginning of 2024. All nine contracts are agreed as “pay-as-produced” and have a term of one to four years. All contracted PV systems will supply a total of 249 GWh this year. This corresponds to the electricity requirements of more than 71,000 households. The solar power will be generated by photovoltaic systems already in operation by Sunnic’s parent company ENERPARC.

Arved von Harpe, Managing Director of Sunnic Lighthouse: “With our solar power portfolio of 2,800 MW, we are now the third-largest marketer in Germany. This enables us to offer a wide variety of contract constellations – including short-run contracts such as the PPA with GEWI. We are pleased about the very cooperative partnership and look forward to further joint projects.”

GEWI then supplies the solar power to customers via its parent company GETEC ENERGIE. These include many medium-sized commercial and industrial companies. PPAs are the preferred form of procurement for companies that have ambitious sustainability goals and want to present their efforts in this area in a transparent and credible manner. PPAs make it possible to clearly trace which wind power or PV systems the green electricity procured comes from.

We are delighted that we have been able to expand our joint PV portfolio with Sunnic to 277 MWp,” commented Patrick Notzon, Managing Director of GEWI GmbH, on the cooperation with the Hamburg-based energy service provider. “We are continuously working on developing more and more sources of supply for solar power in order to be able to continue to meet the explicit demand for PV PPAs from electricity consumer customers,” Notzon continued.

About Sunnic Lighthouse:

Sunnic Lighthouse GmbH, based in Hamburg, is a subsidiary of ENERPARC AG. As a leading specialist in the industry, Sunnic offers its customers individual services in the field of renewable energies: from direct marketing and electricity supply to hedging transactions via Power Purchase Agreements. The main focus is on green electricity from German photovoltaic systems – in addition to all other sustainable electricity sources. As at December 31, 2023, the trading portfolio comprised green electricity from around 3,600 megawatts of installed plant capacity, of which 800 megawatts came from wind power and around 2,800 megawatts from photovoltaic plants. www.sunnic.de

About GEWI:

GEWI GmbH is a subsidiary of GETEC ENERGIE GmbH and has been involved in the marketing of electricity from renewable energy sources since 2009. Today, GEWI is one of the most successful independent companies in the direct marketing of electricity from renewable energy sources, especially wind. Since 2011, GEWI has continuously expanded its portfolio and now markets more than 4,300 MW for its customers. www.gewi.energy