German Blue Elephant Energy buys Dutch solar project


The Netherlands – Blue Elephant Energy AG (BEE), a Hamburg-based solar and wind farm operator, has purchased a 10 MWp construction-ready PV plant from Greencells Group in the Netherlands.

The project is located in Hoogeveen, a municipality in the Netherlands’ northeast. The plant will be connected to the grid by the end of 2022 and is an extension of the operational 30 MW-PV plant Hoogeveen I.

Market position

Under the SDE regime, the project is eligible for a feed-in-tariff.

“We are pleased to be able to further expand our portfolio in the Netherlands to 631 MW and to further strengthen our excellent local market position”, comments Tim Kallas, Chief Investment Officer of Blue Elephant Energy.