Gildemeister lands contracts worth €29 million

18. December 2012 | Applications & Installations, Global PV markets, Industry & Suppliers, Markets & Trends | By:  Max Hall

Germany-based renewables company Gildemeister has secured contracts worth €29.2 million (US$38.4 million) for solar energy storage projects in Romania, Italy and Germany.

A solar park in Romania.

Gildemeister has several Romanian projects in the pipeline.

The German company has sold a 6.5 MW solar park near Rimini on Italy's Adriatic coast to a German investor, and will install an 8 MW park north of Romanian capital Bucharest. Construction on the latter is set to start this month. A second project is slated to be developed west of the capital and further Black Sea-based projects are planned for 2013.

Gildemeister will also supply vanadium redox flow batteries with a capacity of 1.6 MWh to store energy generated from solar and wind to power the German North Sea island of Pellworm.

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