Belgian logistics company WDP invests another €25 million in solar in the Netherlands

Belgian logistics specialist WDP announced it will invest a further €25 million in solar energy projects in the Netherlands. The company said this new investment will enable the deployment of another 25 MW of solar in the country.

All of these projects, which will be developed under the SDE+ incentive scheme for renewable energy projects exceeding 15 kW in size, are scheduled to come online by the end of this year.

“This scheme enables us to achieve a healthy return, which can be compared with the margin we achieve with building rentals,” WDP's technical manager for sustainability Kris Van der Veken said in 2016.

WDP is responsible not only for the projects design and construction but also for financing and managing the buildings. Apart from offering a solar power installation to its customers, WDP also seeks to lend them support in improving their energy management activities.

This new investment, WDP added, will bring the company’s total installed PV capacity in the Netherlands to 50 MW. The new projects are part of the group’s strategy to boost portfolio sustainability which was launched back in 2015.

“Along with the installations in Belgium and in Romania, WDP is moving towards 85 MW of installed solar capacity in its portfolio. Over the medium-term, WDP will strive for a total PV portfolio of 100 MW,” the company said in its press release.