Clean Energy and Power enters European solar market; looks to make an impact

Share

The project is a "small development solar project" located on the roof of a commercial building in South Bohemia. "We want to complete the first development project as soon as possible," said Erwin Vahlsing, Jr., CEO of the company back in May. He continued: "This project provides an opportunity to put in place and test all of the processes and procedures we will utilize on larger future projects." CEP is hoping to be connected to the power grid by the end of the month.

Whether it is the 1.3 mega watt per hour (mWh) project located in the town of Planichka, in South Bohemia, remains unclear.

Although no more specific details are currently available (pv magazine has contacted CEP, but as of yet there has been no reply), the company has said that this first project will produce “nominal” revenue. However, it adds that it is looking to undertake “much larger deployments” in the future. At the start of March, the company announced its joint venture partnership for the development of solar parks in the Czech Republic.

During a visit to the Czech Republic, Mr. Dennis Shen, president of the company is expected to appoint the administrative personal including the CEO required to oversee future deployments. In addition, he will personally oversee all the administrative measures required for the current project’s commissioning.

Mr. Shen commented: "I want to be with the project through its completion. It is an important first step in our entry into the European solar market. I am excited to see our progress in such a short time frame. Our solar power off-taker (power purchaser) is the largest utility in Europe, a USD$60 billion energy company called E-On. With E-On as our partner, we plan to complete the project on time and turn the first power to the Czech grid by the end of this month."

CEP has said it has signed an acquisition agreement and released funding to immediately acquire the equipment necessary to complete the initial project. "This first project is important to our continued development of business in the Czech Republic and ultimately, Europe as a whole," said Mr. Erwin Vahlsing, Jr., CEO of the company.

Popular content

This content is protected by copyright and may not be reused. If you want to cooperate with us and would like to reuse some of our content, please contact: editors@pv-magazine.com.

Share

Related content

Elsewhere on pv magazine...

Leave a Reply

Please be mindful of our community standards.

Your email address will not be published. Required fields are marked *

By submitting this form you agree to pv magazine using your data for the purposes of publishing your comment.

Your personal data will only be disclosed or otherwise transmitted to third parties for the purposes of spam filtering or if this is necessary for technical maintenance of the website. Any other transfer to third parties will not take place unless this is justified on the basis of applicable data protection regulations or if pv magazine is legally obliged to do so.

You may revoke this consent at any time with effect for the future, in which case your personal data will be deleted immediately. Otherwise, your data will be deleted if pv magazine has processed your request or the purpose of data storage is fulfilled.

Further information on data privacy can be found in our Data Protection Policy.