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    Vattenfall purchases a German solar developer

    Vattenfall recently purchased Solizer, a German solar developer with an extensive project lineup of 4GW spread across the country.


    Alongside the projects, Vattenfall also gained a skilled and knowledgeable team as part of the deal.


    With this acquisition, Vattenfall’s overall German solar development portfolio now stands at an impressive 7GW.


    The initial projects from this expanded portfolio are expected to commence construction as early as 2024.


    Senior Vice President and Head of Business Area Wind, Helene Biström, said “Germany is a core market for Vattenfall’s solar development.”


    “Solar is cost-competitive and can be built subsidy-free, which is important in meeting the rapidly increasing demand for low-cost solar power from customers.”


    “By adding Solizer’s development projects and know-how to our portfolio we continue on our renewables growth path.”


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