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BayWa r.e. eyeing up 500MW of floating PV as project development costs decrease
BayWa r.e. will add 500MW of additional floating solar in the coming years in a move to take advantage of increasing demand for the technology among asset owners.
Having already completed six floating PV farms in the Netherlands – including the 27.4MWp Bomhofsplas facility that was sold earlier in the year – the German renewables developer now looks to build out its capacity as industry standards and guidelines advance.
BayWa r.e. entered the floating solar space in 2018 with the acquisition of a 70% stake in Dutch firm GroenLeven and its project pipeline.
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