Gehrlicher sells off 5 Italian PV parks16. September 2011 | Applications & Installations, Industry & Suppliers | By: Becky Stuart
Gehrlicher Solar Italia S.r.l. has sold five of its photovoltaic parks worth 10.4 megawatts peak (peak) to Berlin-based White Owl Capital AG.
Three of the parks – the 2.6 MWp Cremosano park, the 1.3 MWp Dovera park and the 3.6 MWp Palazzo Pignano park – are located in Italy’s Lombardo region, while the final two – the 1.6 MWp Polesine 2 park and the 1.3 MWp Polesine 3 park – are situated in the Emilia-Romagna region.
According to a statement released, all of the solar systems were grid connected before September 1. Gehrlicher Solar was responsible for developing, financing and constructing the projects.
A total of 133,680 First Solar thin film photovoltaic modules were used, along with 15 SMA inverters. Overall, the parks are said to generate 12.2 million kilowatt hours of energy annually.
Tim P. Jungblut, VP of ground mounted systems at Gehrlicher Solar, and member of the executive board at Gehrlicher Solar Italia commented, "We continue to see great sales potential in Italy beyond 1 September – for both ground-mounted and roof-mounted systems as well as for our wholesale business."
Tobias Pehle, CEO of White Owl Capital AG added, "Investors looking for security in the light of volatile financial markets are best advised to invest in existing power plants. This is precisely the strategy that we have pursued with the acquisition of the Gehrlicher Solar systems."
Choose between a digital and print subscription from pv magazine publisher Solarpraxis AG’s online shop!
- 2864 views
- 2854 views
- 2763 views
- 2500 views
- 2416 views
Opinion & analysis
Why do so many believe MENA is the next big solar market?, asks Yassir Gamil, managing director of Solarpraxis' new MENA office
Want to publish your press releases for free? Simply log in or register, enter the information you want to appear and we'll publish it for you!