Hernen Solar Park - The Netherlands
Acquired in October 2021 during construction phase and operational since 2022, this ground-mounted solar park is expected to produce 12.9 GWh p.a. of electricity.
We are particularly proud of this plant, as solar parks of this size are rare in the Netherlands. The park includes more than 31,000 solar modules, installed with an east-west facing layout. With a specific yield of more than 900 kWh/kWp, the solar park is expected to produce approximately 12.9 GWh of electricity per year, which would result in subsidy-backed revenue of at least €1.1 million per year.
The project benefits from a public support mechanism (Sustainable Energy Transition Scheme, SDE+) with a duration of about 15 years. Unlike the newest version of the public support mechanism for renewables in the Netherlands (SDE++), the mechanism that applies to this plant (SDE+) provides a floor price but allows for selling electricity in the spot market when market prices exceed the floor price. Therefore, this solar park provides the potential for additional returns in times of high prices, as experienced in 2022. Favorable weather conditions (high irradiation) can also contribute to higher revenue.