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Alternus Energy energises 13.6 MW solar park at Rotterdam Airport, increasing total operating assets by 10% and doubling footprint in the Netherlands

By March 9, 2022November 8th, 2022No Comments

Dublin, 9 March 2022 International renewable independent power producer (IPP) Alternus Energy Group Plc (OSE: ALT) (the “Company” or “Alternus”) has completed installation of its 13.6 megawatt (MW) project at Rotterdam the Hague Airport (RTHA). The project, installed beside the runway, was developed and installed by its engineering, procurement and construction (EPC) arm Unisun Energy Europe (Unisun).

The project has 15-year support in place with the Dutch SDE+ subsidy in addition to a power purchase agreement with Eneco. The park will continue to operate after the subsidy period ends, securing the prevailing energy rates.

Speaking about the successful project, Vincent Browne, CEO, Alternus Energy said:

“This is another significant milestone for Alternus as it’s the first project we have delivered from initial development through to operation confirming our status as a fully integrated IPP. The entire process was managed in-house and was delivered on time and in budget, despite the complex nature of installing over 36,000 solar panels at an airport and connecting to the grid.”

Installation of the project began in mid-October 2021 and commercial operation date (COD) was reached at the end of February 2022. Operations and maintenance services for the project will be provided by Uper Energy Europe, a subsidiary of Unisun.

Andre Kempenaars, CEO Unisun, commented:

 “We are delighted to have achieved COD for this project in partnership with RTHA. It has taken a few years to reach this point with many project-specific challenges, not to mention a global pandemic, but we made it. We currently have 255 MW of projects in development across the Netherlands, that we expect to deliver in the coming years, contributing further to national decarbonisation targets.”

 Ron Louwerse, CEO, Rotterdam the Hague Airport added:

“Energisation of this solar park is another milestone in the airport’s sustainability journey as we work towards becoming one of the most sustainable airports in the world. The energy produced by this solar park will offset emissions from our ground-based operations. We are pleased to have collaborated with a number of stakeholders, particularly Unisun Energy to achieve energisation, and look forward to working with Uper Energy for the operational phase.”

 

About Alternus Energy

Alternus Energy Group Plc is an international vertically integrated independent power producer (IPP). Headquartered in Ireland, and listed on the Euronext Growth Oslo, the Company develops, installs, owns, and operates midsized utility scale solar parks. The Company also has offices in Rotterdam and America. Alternus Energy aims to own and operate over 3.5 gigawatts of solar parks by the end of 2025.

Forward Looking Statements: Certain information contained in this letter, including any information on the Company’s plans or future financial or operating performance and other statements that express the Company’s management’s expectations or estimates of future performance, constitute forward-looking statements. When used in this press release, words such as “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “might,” “plan,” “possible,” “potential,” “predict,” “project,” “should,” “would” and similar expressions, as they relate to us or our management team, identify forward-looking statements.  Such forward-looking statements are based on the beliefs of management, as well as assumptions made by, and information currently available to, the Company’s management. Such statements are based on a number of estimates and assumptions that are subject to significant business, economic and competitive uncertainties, many of which are beyond the control of the Company. The Company cautions that such forward-looking statements involve known and unknown risks and other factors that may cause the actual financial results, performance or achievements of the Company could differ materially from the Company’s estimated future results, performance or achievements expressed or implied by the forward-looking statements. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.