The plant is located in the Prague region in central Czech Republic and was purchased by the Czech investor Jiri Almost. Funding was provided by the Czech bank LBBW.
The plant uses First Solar thin-film modules and two SMA Sunny Central 500 kW inverters. Since December 2009, the plant has been feeding power in the Czech grid.
While political support for photovoltaics may be weakening in Europe, in a statement announcing the sale juwi COO Jochen Magerfleisch said that the Czech Republic still has significant potential as a market.
Solar power is a central element of a comprehensive power supply based on renewable energies. The urgently needed energy transition on a European level based on 100 percent renewable energies cannot be realized without the expansion of solar power.