2024 will be a dynamic year for the international PV specialist CCE: Following the successful integration of all operating units under the joint umbrella of CCE Holding at the end of last year, the construction start of projects with a total output of over 400 megawatts is planned for the coming year.
Vienna/Cologne, 19 January 2024: CCE has a presence in several European markets and Chile as well as a project pipeline of over 4.5 GW. CCE Holding was founded in 2021 together with the institutional investor Ärzteversorgung Thüringen with the aim of becoming a leading European IPP (Independent Power Producer). At the end of 2022, the French private equity and infrastructure investor Omnes acquired a stake and invested a three-digit million amount in the company, which made it possible to expand the long-term ownership portfolio and accelerate the transition to a leading independent power producer. The process of uniting all operating units under the umbrella of the holding company was successfully completed at the end of 2023. As a result, CCE is already one of the leading developers of PV power plants in combination with flexible energy storage systems in Southern and Central Europe and bundles all activities along the value chain from the development, construction, financing, and operation to the management of photovoltaic power plants.
Start of construction on numerous projects
CCE Holding and its national companies are at the start of a very eventful 2024: a total of around 40 PV projects are entering the construction phase in Austria, Germany, Italy and Romania. This will increase the international player in the renewable energy sector’s total output by over 400 megawatts. In Italy and Romania, for example, CCE has already started construction of plants with around 50 MW each. In the German state of Thuringia, the construction of a PV power plant with over 50 MW will begin soon. CCE’s first ground-mounted plant with an output of one megawatt is also being built in Austria.
Growing focus on flexibilisation
Storage solutions are a major topic in all CCE’s national companies in order to relieve the strain on the electricity grids and utilise generated solar energy flexibly. In Germany, the company’s first battery storage system with a capacity of 10 MW/20 MWh is being built this year in Saxony-Anhalt. Further such BESS (Battery Energy Storage Systems) are being planned.
Co-CEO Jörg Menyesch emphasises the contribution of his international team to the strong growth: “Thanks to our great employees and our strong partners, we are in the privileged position of being able to invest in future technologies on a relevant scale. This allows us to play an active and decisive role in shaping the energy transition as an international IPP.” And Martin Dürnberger, Co-CEO, adds: “The market is facingmajor challenges and we are ready and ideally positioned to master them. In doing so, we are pursuing our vision of a ‘future with 100% renewable energy for a planet worth living on’, which motivates us anew every day.”
The growth strategy
CCE Holding has the best conditions for the rapid expansion of its pipeline and for further investments in future technologies such as green hydrogen. In the next five years up to 2028, the plan is to build a PV portfolio totalling 2 GW.