DGAP-News: solarhybrid AG: 'FinowTower II' solar power plant connected to the grid - total project volume of 218 MWp completed in 2011
(firmenpresse) - DGAP-News: Solarhybrid AG / Key word(s): Miscellaneous
solarhybrid AG: 'FinowTower II' solar power plant connected to the
grid - total project volume of 218 MWp completed in 2011
21.12.2011 / 08:00
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'FinowTower II' solar power plant connected to the grid - total project
volume of 218 MWp completed in 2011
- 'FinowTower' solar power plant expanded by 60.4 MWp to 84.7 MWp - new
capacity connected to the grid as scheduled
- Allstedt I PV power plant (capacity 18.5 MWp) completed as contracted and
in accordance with the Renewable Energies Act
- Projects with a capacity of 218 MWp developed and realised by solarhybrid
AG successfully completed at 11 locations in 3 countries in 2011 - over 1
million PV modules installed
- Good prospects for 2012: Project pipeline with a total of 323 MWp at 7
locations
Brilon, 21.12.2011. solarhybrid AG completed the last two solar power plant
projects for the current financial year, 'FinowTower II' and 'Allstedt I'.
In the 'FinowTower' project, which was expanded this year by 60.4 MWp from
24.3 MWp to 84.7 MWp and is therefore currently the largest PV power plant
in Europe, the last PV modules were installed on December 19. The two
transformers in the transformer station were put into operation and the
connection to the grid took place on December 20. It is planned to put the
inverters gradually into operation and feed the full capacity to the grid
by the end of the year.
The 'Allstedt I' project was the last project where construction started.
The planning envisaged that the project would be completed in accordance
with guidelines of the Renewable Energies Act (EEG) in order to secure the
2011 EEG feed-in tariff for the whole capacity of 18.5 MWp. This goal has
been achieved. The connection to the grid is scheduled to take place in
late January.
2011 an extremely successful year
solarhybrid AG can look back on an extremely successful 2011 in which all
of the planned projects were without exception structured, financed,
marketed, constructed and completed according to schedule. It therefore
exceeded by far the corporate goals it had set itself. A total of 11 solar
power plants in 3 countries with a capacity of 218 MWp were realised in the
following locations:
- Ternavasso, Italy, 7.8 MWp
- Cortiglione, Italy, 1.5 MWp
- Dedelow, Germany, 3.9 MWp
- Badin, Slovakia, 6.0 MWp
- Banna, Italy, 9.5 MWp
- Lönnewitz, Germany, 21.7 MWp
- Werneuchen, Germany, 18.9 MWp
- Cottbus-Drewitz, Germany, 30.2 MWp
- Fürstenwalde I, Germany, 39.5 MWp
- FinowTower II, Germany, 60.4 MWp
- Allstedt I, Germany, 18.5 MWp
The capacity installed was 4.5 times greater than the capacity installed in
2010 (48 MWp). The average project size increased from 7 MWp in 2010 to 20
MWp in 2011. A total of more than 1 million PV modules were organised
logistically on time and installed on the module panels.
Good prospects for 2012
For 2012 projects with a volume of 323 MWp at 7 locations are currently
planned, which would increase the average project size to 46 MWp. This
underlines solarhybrid AG's strategy of growth through project size and not
through the number of projects.
solarhybrid continues to focus on Germany and Italy, although initial
projects in the USA, Israel, Bulgaria and South Africa should follow which
are not currently included in the 323 MWp project pipeline.
The key partners of solarhybrid AG
solarhybrid AG's strategy is based on close and strategic partnerships in
order to achieve maximum volume with lean structures and quickly enter new
markets.
On the planning side, Enerparc AG continues to be a strategic and important
partner for solarhybrid AG, and the same applies in equal measure for
Conecon GmbH on the assembly side. In both areas solarhybrid AG will
continue to acquire new partners. Enerparc and Conecon will, however,
continue to account for the greatest volume and therefore continue to grow
with solarhybrid AG.
On the investor side, in 2011 Altira AG, Frankfurt, acquired over 80 % of
the project volume as an equity investor. Here the aim is to secure a wider
line up while maintaining the partnership with Altira.
In 2011 solarhybrid acquired PV modules with a capacity of 170 MWp from
Suntech. solarhybrid is therefore now the biggest customer of Suntech, the
world's leading manufacturer of crystalline PV modules. Ja Solar (35.5 MWp)
and Trina (12.5 MWp) have also become strategic partners. In all of the
projects, only inverters from the global market leader SMA were used,
making solarhybrid one of SMA's top customers. In 2011 the mounting
technology was supplied exclusively by Mounting Systems. In the 'Vega I'
project (39 MWp) in Italy, where construction work recently started, Hilti
is being used for the first time as the partner for mounting technology.
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
- EPC (Engineering, procurement, and construction services)
- Q&M (Operation and Maintenance)
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. solarhybrid focuses on a strategy of 'growth
through project size, not by the number of projects.' In 2010, the average
project size was 7 MWp and 20 MWp in 2011 already.
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 Vorstand Tel.: +49 2961 / 9 66 46 - 0,
akk(at)solarhybrid.ag
edicto GmbH Axel Mühlhaus/ Dr. Sönke Knop Tel.: +49 69 / 90 55 05-51,
solarhybrid(at)edicto.de
End of Corporate News
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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
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150507 21.12.2011
Themen in dieser Pressemitteilung:
solarhybrid-ag-finowtower-ii-solar-power-plant-connected-to-the-grid
total-project-volume-of-218-mwp-completed-in-2011
Unternehmensinformation / Kurzprofil:
Datum: 21.12.2011 - 08:00 Uhr
Sprache: Deutsch
News-ID 98988
Anzahl Zeichen: 8841
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Kategorie:
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