DGAP-News: Q-Cells SE: MCG Management Capital Group Berlin acquires 12 MWp solar park in Zerbst from Q-Cells
(firmenpresse) - DGAP-News: Q-Cells SE / Key word(s): Miscellaneous
Q-Cells SE: MCG Management Capital Group Berlin acquires 12 MWp solar
park in Zerbst from Q-Cells
20.07.2011 / 10:00
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PRESS RELEASE
MCG Management Capital Group Berlin acquires 12 MWp solar park in Zerbst
from Q-Cells
Bitterfeld-Wolfen / Berlin, 20 July 2011 - Q-Cells SE, one of the leading
companies in the photovoltaic industry worldwide, has sold the Zerbst II
solar power plant with a total output of 12 megawatt-peak (MWp) to the
Berlin investment group MCG Management Capital Group. The turnkey handover
of the solar electricity installation will take place shortly. Q-Cells has
been building the solar park on the site of a former military air base near
the city of Zerbst in Saxony-Anhalt since mid-May of 2011. Just over six
weeks later, the park was connected to the grid by the responsible energy
supplier E.ON Avacon. As a sub-project of a large solar park, a total of
five subsystems have an overall capacity of around 46 MWp. The Zerbst II
solar installation alone produces over 11 million kWh of solar electricity
per year, supplying around 3,000 households. This also benefits the
environment: the 12 MWp solar installation avoids around 7,000 tons of CO2
emissions detrimental to our climate.
MCG will add the solar park to its own investment portfolio.
As the general contractor, Q-Cells built the solar park and installed
51,696 of its own high-quality crystalline solar modules on an area of 28
hectares. MCG Group has also commissioned Q-Cells for the long-term
technical operation, maintenance and repair of the photovoltaic system. 'We
are pleased that MCG is once again counting on Q-Cells as a reliable
partner,' said Nedim Cen, CEO of Q-Cells SE. 'MCG has already acquired four
major projects with a total output of 32 MWp from us in the last 18 months.
We are looking forward to the continued expansion of our cooperation in the
future.'
With the realisation of the Zerbst II solar park, Q-Cells and MCG are
carrying on their renewable energy partnership. The Zerbst II solar project
follows a number of solar projects that Q-Cells, as a leading system
integrator, has developed and realised on behalf of MCG and successfully
operates today. Q-Cells completed the Ahorn solar park with an overall
output of 11 MWp on behalf of MCG in June 2010.
About the players
MCG Management Capital Group, Berlin, is an investor focusing on renewable
energy sources and a commercial project developer in the photovoltaic
sector (www.mcg-group.de). Since 2007, MCG, in cooperation with its
partners, has invested approximately EUR 500 million in solar electricity
projects.
Q-Cells SE is amongst the leading companies in the photovoltaic industry
worldwide. Its extensive product portfolio ranges from solar cells and
modules to complete photovoltaic systems. Q-Cells develops and manufactures
its products at its headquarters in Bitterfeld-Wolfen, Germany, and markets
them through a global distribution network. The company has a second
production facility in Malaysia. More than 200 scientists and engineers at
Q-Cells are pursuing the rapid development of technologies in order to
achieve the company's objective: quickly and permanently reducing the cost
of photovoltaic, making the technology more competitive. Close networking
between research, development and production allows Q-Cells to mass produce
innovations quickly, thereby assuming the role of a technology leader in
the photovoltaic sector. Q-Cells SE is listed on the Frankfurt Stock
Exchange (QCE; SIN 555866) and in the German technology index TecDAX.
Executive Board: Dr. Nedim Cen (CEO), Dr. Marion Helmes (CFO), Hans-Gerd
Füchtenkort (CSO)
Chairman of the Supervisory Board: Prof. Dr. Karlheinz Hornung
Contact
MCG Management Capital Group
Lennéstr. 1
10785 Berlin
Germany
Managing Directors
Jörg Esser, Marco Manago
TEL +49 (0) 30 - 261 0333-0
FAX +49 (0) 30 - 261 0333-29
EMAIL info(at)mcg-group.de
WEB www.mcg-group.de
Q-Cells SE
OT Thalheim
Sonnenallee 17-21
06766 Bitterfeld-Wolfen
Germany
Q-Cells Corporate Communications
Ina von Spies, Alberta Rohardt
TEL +49 (0)3494 - 6699 10121
FAX +49 (0)3494 - 6699 10000
EMAIL presse(at)q-cells.com
WEB www.q-cells.com
Q-Cells Investor Relations
Stefan Lissner
TEL +49 (0)3494 - 6699 10101
FAX +49 (0)3494 - 6699 10000
EMAIL investor(at)q-cells.com
End of Corporate News
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20.07.2011 Dissemination of a Corporate News, transmitted by DGAP - a
company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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Language: English
Company: Q-Cells SE
Sonnenallee 17-21, OT Thalheim
06766 Bitterfeld-Wolfen
Germany
Phone: +49 (0)3494 - 6699-0
Fax: +49 (0)3494 - 6699-199
E-mail: q-cells(at)q-cells.com
Internet: www.q-cells.com
ISIN: DE0005558662, Wandelanleihe 2012: DE000A0LMY64,
Wandelanleihe 2014: DE000A1AGZ06, Wandelanleihe 2015:
DE000A1E8HF6
WKN: 555866
Listed: Regulierter Markt in Frankfurt (Prime Standard);
Freiverkehr in Berlin, Düsseldorf, Hamburg, München,
Stuttgart
End of News DGAP News-Service
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132585 20.07.2011
Datum: 20.07.2011 - 10:00 Uhr
Sprache: Deutsch
News-ID 34650
Anzahl Zeichen: 0
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Kategorie:
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