After completing a successful tender for 6 of their UK hydro assets, Koehler decided to take advantage of Renewable Exchange’s expansion into Germany to assist in their PPA strategy for their first German wind project. The wind park Wetzlar-Blasbach is an 8.4MW project located in Hessen, and will generate around 25GWh per year. The wind farm came into commercial operation in the first quarter of 2024.
Cornelius Schulthess, Corporate Director of Energy at Koehler Renewable Energy responsible for optimising the revenue and finance options for the site, comments on his work with Renewable Exchange: “As one of Renewable Exchange's early users in Germany, we had a very positive experience. The Renewable Exchange team expertly guided us through the process of finding a Power Purchase Agreement (PPA). We were able to evaluate multiple offers and offtakers and secure favourable prices and terms. This allows us to continue contributing to Germany's energy transition with our projects. We are excited to further collaborate with Renewable Exchange in the future.”
This is one of the early projects for Renewable Exchange in Germany, as the company expands into Europe. “We are very pleased to have been able to help Koehler Renewable Energy achieve these excellent results,” says Robert Ogden, Renewable Exchange’s CEO and Founder. “Our mission is to ensure generators can achieve a fair price for their power and maximise the revenue on their assets, which is what we managed to do for Koehler Renewable Energy.”
There’s a growing interest in PPAs as a new form of revenue stream for renewable assets. The Renewable Exchange’s online PPA platform creates a transparent marketplace for existing and new-build renewables in Germany. Our tendering process ensures generators get fair and competitive offers for their green power.
Since its foundation in 2012, Koehler Renewable Energy has established itself as a cornerstone of the Koehler Group, driven by a commitment to making a lasting contribution to the German energy transition. Together with business partners, Koehler Renewable Energy invests in biomass cogeneration plants, onshore wind power, photovoltaics, and hydroelectric power. An important pillar of Koehler’s energy investment strategy is to secure the best possible power purchase agreement (PPA) for their assets.
https://www.koehlerrenewableenergy.com/kre-en/
Renewable Exchange is the largest online platform connecting renewable energy generators and offtakers to ensure a transparent & data-driven power purchase agreement (PPA) tender process in the UK. Renewable Exchange supports both existing operational assets and new projects looking to be developed subsidy-free in the UK and Europe via its suite of market insight tools and an innovative Power Purchase Agreement marketplace which enables generators of any size to fully optimise and transact the sale of their electricity. Founded in 2016 by Robert Ogden, Renewable Exchange serves over 2000 independent generators in the UK representing nearly 5GW of installed capacity.
https://renewable.exchange
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