From pv magazine Germany
The Swiss energy company secured a power purchase agreement from supermarket chain Denner for the project in January. The deal was the first bilateral agreement for an unsubsidized solar project in Switzerland.
The CHF 8 million ($8.2 million) vertical installation features 5,000 solar modules and can produce around 3 million kWh of electricity per year. It can provide a higher electricity yield than conventional ground-mounted systems due to the high-altitude location.
IWB, a Basel-based energy company, also participated in the construction of the PV plant via its Paneco subsidiary. It owns a 49% stake in the project.
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