DGAP-News: solarhybrid AG: reports that construction work has started on the 123 MW Vega solar power plant in Italy - Good prospects for 2012
(firmenpresse) - DGAP-News: Solarhybrid AG / Key word(s): Miscellaneous
solarhybrid AG: reports that construction work has started on the 123
MW Vega solar power plant in Italy - Good prospects for 2012
16.12.2011 / 08:00
---------------------------------------------------------------------
solarhybrid AG reports that construction work has started on the 123 MW
Vega solar power plant in Italy - Good prospects for 2012
- All of the approvals for the 123 MWp Vega power plant in Italy have
been received
- Work has started on 39 MWp construction phase - completion and
connection to the grid by the end of Q1
- To be marketed to investors after connection to the grid
- Good prospects for 2012 based on a project pipeline for Germany and
Italy with over 300 MWp
Brilon, December 16, 2011: solarhybrid AG has started construction work on
the Vega solar power plant in Italy.
Currently foundations are being laid with pile profiles, module plates are
being assembled and the medium voltage line to the feed-in point and the
transformer station are being built. In January 2012 it is planned that the
PV modules will be assembled and that the inverters will be put up.
Therefore a PV power plant with a capacity of 39 MWp should be completed on
this part of the site by March 2012. The components manufacturers and
solarhybrid AG are acting as the interim investors. With its connection to
the grid, the plant will be sold to the end investor and the financing by a
bank will take place.
In addition to the proven partners Ja Solar (modules), SMA (inverters),
Conecon (assembly of a section) and Enerparc (DC planning), the new
partners Hilti (mounting systems), Biosar (assembly of a section) and BFP
(AC planning) are participating in the project. The transformer station is
being built by Siemens.
With the project, solarhybrid AG is pursuing for the first time the
strategy of handing the solar power plant over to the investor after
connection to the grid. For this purpose flawless documentation in the form
of various positive due diligence reports is required. The companies and
law firms participating in this project are:
- Legal Advisor: Norton Rose, Milan
- Financial Advisor: PwC, Frankfurt
- Technical Advisor: Fichtner Italia
- Risk Advisor: Marsh GmbH, Stuttgart
- Yield Report Advisor: Solarschmiede GmbH, Hamburg
From the 2nd quarter of 2012 construction work on the remaining 84 MW will
take place. It is therefore planned that the entire plant capacity of 123
MW will be connected to the grid in 2012.
Strong project pipeline for 2012
Following its completion of solar power plants with a capacity of 218 MWp
in 2011, solarhybrid AG's project pipeline for Germany in 2012, consisting
of the Neuhardenberg project and other German projects, has a total plant
capacity of ca. 200 MW. In addition to this, with the Vega project alone
(123 MWp) there is an opportunity to increase the plant capacity realised
abroad (24 MWp in 2011) many times over. With a current potential of 323
MWp in Germany and Italy alone, solarhybrid AG can look forward to 2012
with confidence and is planning to surpass the total capacity installed in
2011. In addition to this, further projects in Germany, Italy, Bulgaria,
South Africa, Israel and the USA are lined up.
About solarhybrid AG
solarhybrid AG is project developer and general contractor for turn-key
photovoltaic power projects at utility scale. The company offers the
following services:
- Project development and co-development
- Financing and structuring
- Sale to investors
- Engineering, procurement, and construction services (EPC contracting)
- Operation and Maintenance (O&M)
Project financing, structuring and marketing are all carried out by
solarhybrid capital management GmbH, a wholly owned subsidiary of
solarhybrid AG. A list of references with a total capacity of 266 megawatts
(both completed and commissioned projects) is proof of the company's
expertise in technical, organizational and financial project management in
2010 (48 MWp) and in 2011 (218 MWp). For the year 2012 a project pipeline
exists in the countries of Germany and Italy with a total capacity of 323
MWp. Further projects in Germany, Italy, South and North Africa, Israel and
the USA are in negotiation
The company is run from its locations in Hamburg, Frankfurt and Brilon. In
addition to these, there are also local companies in Italy, the Middle East
and the United States. Company shares are traded on the General Standard of
the Frankfurt Stock Exchange.
Contact:
solarhybrid AG
Albert Klein
CFO
Ph.: +49 2961 / 9 66 46 - 0
akk(at)solarhybrid.ag
edicto GmbH
Axel Muehlhaus/ Dr. Soenke Knop
Ph.: +49 69 / 90 55 05-51
solarhybrid(at)edicto.de
End of Corporate News
---------------------------------------------------------------------
16.12.2011 Dissemination of a Corporate News, transmitted by DGAP - a
company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
---------------------------------------------------------------------
Language: English
Company: Solarhybrid AG
Keffelker Straße 14
59929 Brilon
Germany
Phone: +49 (0)2961 966 460
Fax: +49 (0)2961 966 46 66
E-mail: ir(at)solarhybrid.de
Internet: www.solarhybrid.ag
ISIN: DE000A0LR456
WKN: A0LR45
Listed: Regulierter Markt in Frankfurt (General Standard);
Freiverkehr in Berlin
End of News DGAP News-Service
---------------------------------------------------------------------
150014 16.12.2011
Themen in dieser Pressemitteilung:
solarhybrid-ag-reports-that-construction-work-has-started-on-the-123-mw-vega-solar-power-plant-in-italy
good-prospects-for-2012
Unternehmensinformation / Kurzprofil:
Bereitgestellt von Benutzer: EquityStory
" alt="Fire River Gold Corp. Resumes Full Operations At Nixon Fork MineDatum: 16.12.2011 - 08:00 Uhr
Sprache: Deutsch
News-ID 97792
Anzahl Zeichen: 7118
contact information:
Kategorie:
Business News
Diese Pressemitteilung wurde bisher 305 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"DGAP-News: solarhybrid AG: reports that construction work has started on the 123 MW Vega solar power plant in Italy - Good prospects for 2012"
steht unter der journalistisch-redaktionellen Verantwortung von
Solarhybrid AG (Nachricht senden)
Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).
