EQS-News: Energiekontor AG: Energiekontor and Olmatic cooperate strategically on battery storage system at Vogelsang solar park

Energiekontor and Olmatic cooperate strategically on battery storage system at Vogelsang solar park

Freudenstadt/Bremen, 17 December 2024 – Energiekontor AG (“Energiekontor”), a leading German project developer and operator of wind and solar parks based in Bremen and listed in the General Standard, and Olmatic GmbH (“Olmatic”), a leading green-tech company specialising in energy optimisation, are pleased to announce their collaboration on a battery storage system for the planned Vogelsang solar park in the district of Oberhavel in Brandenburg. The project marks a significant step in the integration of modern storage technologies designed to increase the efficiency and profitability of photovoltaic systems. The project will see both companies set new standards for a sustainable and economically viable energy transition.

A milestone in the supply of sustainable energy

The Vogelsang solar park, which Energiekontor plans to build on an area measuring just under 58 hectares starting in the second half of 2025, with a total nominal output of around 60 megawatts peak, will achieve an average expected annual of around 71 gigawatt hours – enough to supply more than 20,000 average households in Germany with renewable electricity and save around 50,000 tonnes of CO₂ per year.

Solar parks like this one are a key factor in the energy transition because they make the generation of clean and cost-efficient power possible and help to reduce carbon emissions in the long term. Combining it with an energy storage system at the same time also helps to stabilise the energy supply. A battery storage system takes the advantages of a solar park to a new level. The system not only makes it possible to provide solar power on a more reliable and consistent basis, but also enhances its economic attractiveness by monetising market fluctuations and storing surplus energy flexibly for targeted use. Thanks to visions, its AI-based energy platform, Olmatic delivers pioneering solutions and is a driving force behind the integration of modern storage technologies.

“Our partnership with Olmatic will enable us to analyse and predict energy flows precisely,” says Peter Szabo, CEO of Energiekontor AG. “We already expanded our onshore wind business to include solar a few years ago. The two technologies are an ideal match: the peak generation capacities of wind and solar power complement each other over the course of the year. This is how we can mitigate the effects of market fluctuations and unfavourable weather conditions. In addition, it is a top priority for us to ensure that our projects remain profitable in the future, especially with a view to participating in negative electricity production. It is for this reason we are always looking at ways where the use of storage technologies would make sense economically.”

Cooperation with a clear focus

The partnership unites the expertise of both Energiekontor and Olmatic to take the Vogelsang solar park to new levels of efficiency. By balancing out the fluctuations in the amount of power generated, the battery storage system makes solar power more attractive to consumers because it makes it more reliable and predictable. It also enhances the potential to utilise excess capacity more flexibly in intraday trading while increasing profitability significantly. This makes the cooperation a real win-win situation: Energiekontor stands to benefit from the solar park’s optimised profitability, while Olmatic can demonstrate how modern energy storage solutions such as its innovative products can maximise the potential of photovoltaic systems. By joining forces, the two companies are sending a strong signal regarding the future of sustainable energy projects.

Synergies such as these, combining modern energy storage and renewable energy generation, are indispensable in today’s world if the twin goals of environmental responsibility and economic success are to be achieved. The project serves as a blueprint for future plants based on the principles of flexibility and sustainability. It showcases how innovative technologies can accelerate the energy transition while also creating viable, economically attractive solutions. Projects like these help pave the way for a future in which renewable forms of energy are used efficiently and energy systems are designed to be more resilient and smarter.

About Olmatic GmbH

Olmatic GmbH is a leading green-tech company specialising in energy optimisation; its dynamic team, made up of highly motivated visionaries, is advancing the transition to a world powered by sustainable energy. With innovative technologies and state-of-the-art software, Olmatic supports companies in taking the step towards an environmentally friendly and future-proof energy supply. In doing so, the focus is on the intelligent combination of climate protection, digitalisation and energy efficiency. True to its motto “visions become reality”, Olmatic develops pioneering solutions that actively shape the energy transition and achieve long-term success for its customers.

Press contact

Christian Olma
Chief Marketing Officer

Olmatic GmbH
Herzog-Eberhard-Strasse 56
72250 Freudenstadt
Germany
Phone: +49 (0)7441 52094 11
Fax: +49 (0)7441 52094 29
Email: christian.olma@olmatic.de
Web: www.olmatic.de

About Energiekontor AG

For over 30 years, Energiekontor has stood for a solid business policy and extensive experience in renewable energies. Founded in Bremerhaven, Germany, in 1990, the company is among the pioneers in its industry and is now one of Germany’s leading project developers. Its core business ranges from the planning and construction to the operational management of wind and solar parks in Germany and abroad. In addition, Energiekontor operates 39 wind and solar parks with a nominal power of almost 400 megawatts in its own portfolio. Around 220 megawatts, which are also earmarked for the Group's own portfolio, are currently under construction. Energiekontor also plays a pioneering role in economic terms and aims to realise the first wind and solar parks in all target markets at market prices as quickly as possible, independently of state subsidies.

Along with its headquarters in Bremen, Germany, Energiekontor has offices in Bremerhaven, Hagen im Bremischen, Aachen, Augsburg, Berlin, Berlin-Spandau, Potsdam and Hildesheim. The company also has branch offices in England, Scotland, Portugal, France and the United States.

Since being established, Energiekontor has a proud track record of realising over 160 wind and solar park projects with a total nominal power of more than 1.4 gigawatts. This corresponds to an investment volume of more than 2.0 billion euros. The significantly expanded project pipeline in the first half of 2024 (11.0 gigawatts excluding US project rights) shows the future growth potential and the possible contribution that Energiekontor can make to the expansion of renewable energies.

Energiekontor AG (WKN 531350/ISIN DE0005313506/General Standard) is listed on the SDAX and the TecDAX of the German Stock Exchange in Frankfurt. Shares can be traded on all German stock markets.

Contact

Julia Pschribülla
Head of Investor & Public Relations
Phone: +49 (0)421-3304-126

Kathrin Mateoschus
Investor & Public Relations Manager
Phone: +49 (0)421-3304-297

Email for investor relations matters: ir@energiekontor.com
Email for press matters: pr@energiekontor.com

Energiekontor AG
Mary-Somerville-Strasse 5
28359 Bremen
Germany

Phone: +49 (0)421 3304-0
Fax: +49 (0)421 3304-444
Email: info@energiekontor.de
Web: www.energiekontor.de