Wirsol secures equity investor for 24 MW PV park

While the German company will continue to manage the Mixdorf solar park, which was completed in July, the Sojitz Group has been brought on board an equity investor.

In a statement released, Sojitz Corporation said that the total project costs are around €55 million.

The photovoltaic park comprises around 100,000 of Yingli’s crystalline modules and covers an area of roughly 81 hectares. It is located on the site of a former Russian fuel depot.

It represents Sojitz’s second German solar project. The first is a three MW solar power plant in southern Germany’s Betzweiler.

In a separate statement issued by Wirsol, it was said that the two parties have "already concluded a framework agreement on the purchase of European solar projects, and intensive negotiations are currently underway to expand the cooperation further into a partnership regarding the Asia-Pacific region."

No further details were released, however.