Sunnic Lighthouse GmbH - Experts & Thought Leaders

A second power purchase agreement (PPA) has been signed between Axpo and Sunnic Lighthouse GmbH, the Germany-based energy trading subsidiary of solar developer ENERPARC AG, it was announced. From 1 October 2023, Sunnic will supply 38.4 gigawatt hours (GWh) of solar power a year to Axpo. This equates to the annual electricity needs of around 7,500 households and represents a reduction in CO2 emissions of more than 22,000 tonnes a year. Investment in renewable energies Under the agreement, Sunnic Lighthouse will provide electricity to Axpo in a so-called ‘pay-as-forecast’ structure based on a forecast delivery schedule for each subsequent day. The solar power comes from a portfolio of several solar plants already on the grid in Germany and owned by parent company ENERPARC, with a total capacity of 39.8 megawatt peak (MWp). The PPA will run initially until 31 December 2027. Sunnic Lighthouse will provide electricity to Axpo in a so-called ‘pay-as-forecast’ structure Axpo Deutschland Managing Director Johannes Pretel said: "The successful negotiation of this second contract with Sunnic Lighthouse is testament to the relationship of trust between our two companies. The PPA was concluded smoothly and swiftly, saving time and costs on both sides. With Sunnic on board as a reliable partner we look forward to facilitating similar deals that ensure attractive conditions for ongoing investment in renewable energies." Electricity supply contracts Last year the two companies signed a contract for the direct marketing of around 35 GWH of electricity from the Büttel photovoltaic plant in Schleswig-Holstein, Germany, which runs until 2032. Sunnic Lighthouse Managing Director Arved von Harpe said: "As a flexibly positioned electricity trading company, we can offer our customers electricity supply contracts tailored to their requirements. In addition to long-term PPAs, we also offer medium-term PPAs for portfolios already connected to the grid. These have a wide variety of structures, from pay-as-forecast to annual hourly profiles or monthly band deliveries. Negotiating contracts with experienced and professional partners like Axpo is a great motivation and we look forward to continuing to cooperate with them.”  

RWE Supply & Trading is going to market electricity produced in a new solar power plant, developed, built, and owned by the company Enerparc in Lauterbach, Germany. The plant with a total installed capacity of approximately 57 megawatts (MW) is currently being constructed on a 54-hectare site in the Vogelsbergkreis district (between Fulda and Giessen) and will consist of around 125,000 modules. Solar farms Solar farms make an important contribution towards the success of the energy transition" With the PPA in place, the share procured by RWE Supply & Trading does not require funding according to the Renewable Energy Act and will be able to supply the equivalent of around 10,000 homes with electricity. “Solar farms make an important contribution towards the success of the energy transition. We are delighted to support Enerparc in implementing another solar plant and to expand our renewables portfolio in this way,” says a delighted Dr. Hendrik Niebaum, Head of Commodity Solutions at RWE Supply & Trading. Green electricity portfolio Dr. Hendrik Niebaum adds, “RWE is already a global leader in electricity production from renewables. We have a very substantial green electricity portfolio, with power generated both on our own and at third-party plants. With our ‘Growing Green’ growth strategy we want to expand that portfolio massively and thus help our industry customers and municipal utility partners to reach their climate protection targets.” the capacity of a photovoltaic plant “In order to comply with the Paris Climate Agreement, an accelerated expansion of photovoltaics is required in Germany. Currently, the total capacity of photovoltaic plants in Germany adds only up to 59 gigawatts,” says Christoph Koeppen, CEO and Chairman of the Board of Enerparc.  Christoph Koeppen adds, "According to governmental policies, this is to be expanded to 200 gigawatts by 2030. We are therefore very happy to have taken another step towards reaching the Paris goals and driving the energy transition forward with the PPA between Enerparc and RWE. Our trading subsidiary Sunnic Lighthouse GmbH is responsible for the delivery of the green electricity to RWE according to the agreement." PPA advantage Long-term power purchase agreements are increasingly becoming an option for operators of existing as well as new renewables plants. One advantage of PPAs is that they do not require participating in tenders for subsidized rates. This leads to more flexibility in terms of the location and new projects can be implemented faster. RWE Supply & Trading already supplies many large industrial customers in Germany and other countries directly with green electricity via PPAs, including Dutch company ASML, the German companies Deutsche Bahn, Bosch, BMW, and VW, as well as large customers in Europe, the U.S., and Canada.