MET Group Expands Renewable Portfolio with First German Solar Park
The Swiss energy giant MET Group has launched its inaugural solar project in Germany – a 14.1 MWp photovoltaic farm in Kentzlin, Mecklenburg-Western Pomerania. With 26,000 solar panels across 20 hectares, this installation marks MET’s strategic entry into Europe’s most competitive renewables market.
Strategic Expansion in Germany’s Renewable Energy Sector
Germany’s Energiewende policy provides robust incentives for solar development. While feed-in tariffs have phased out, power purchase agreements (PPAs) are thriving. MET’s timing aligns perfectly with Germany’s ambitious plan to quadruple solar capacity by 2030.
Advanced Solar Technology Deployment
The park utilizes bifacial panels on single-axis trackers – a combination that increases energy yield by up to 25% compared to fixed systems. SMA inverters ensure grid compatibility, while Siemens’ remote monitoring keeps efficiency high.
Balancing Local Impact with Global Strategy
MET addressed initial community concerns through a job training program for renewable technicians. This project contributes to MET’s goal of allocating 20% of investments to renewable energy by 2025.
Economic Viability Beyond Sunlight
Despite receiving 30% fewer sun hours than southern Europe, northern Germany’s higher energy prices (15% above European average) make solar projects financially viable even without subsidies.
Strategic Market Implications
While traditional energy firms entering solar isn’t new, MET’s approach stands out. The company is building a distributed portfolio that includes this solar park alongside wind farms in Bulgaria and biogas plants in Hungary.
