Q-Cells closes sale of 40MW PV projects to DIF, NIBC joint venture Blue Forrest Solar Holding

Financials

  • QCE
    ETR
    0.0000
    (%)

Q-Cells closed the sale of its Finsterwalde II and III PV power plants to Blue Forrest Solar Holding, a joint venture formed between DIF Infrastructure (DIF) and the NIBC European Infrastructure Fund (NIBC). The two plants have a combined installed capacity of 40MWp, which when added with the Finsterwalde I PV power plant Q-Cells sold in 2010, leads the entire site to have an 82MWp installed capacity.

Finsterwalde II and III include 171,888 crystalline solar modules on a 237.7 acre site that used to be an opencast lignite mine. Q-Cells supplied and installed its solar modules on the plants, which were connected to the grid in September 2010. Under a long-term contract, Q-Cells will continue to manage the operation and maintenance of the plants.
 

“The Finsterwalde solar PV projects build on our experience in the renewable energy infrastructure sector,” commented Darren Kyte, managing director of NIBC Infrastructure Partners. “This will be our fourth acquisition of an operational renewable energy infrastructure asset during the last 12 months. The acquisition will increase our PV portfolio to 86MWp in Europe, and our total renewables exposure to almost 200MWp across operational wind, solar and waste-to-energy assets.”

Newsletter

Preview Latest
Subscribe
We won't share your details - promise!

Publications

  • Photovoltaics International 23rd Edition

    This issue of Photovoltaics International, our 23rd, offers key insights into some of the technologies that are ready to move from lab to fab in support of these goals. ISC Konstanz offer a glimpse of what the low-cost, high-efficiency solar cells of the future might look like. On page 35 the institute’s authors give an overview of what they call Konstanz’ “technology zoo”, encompassing their so-called BiSoN, PELICAN and ZEBRA cell concepts, all of which are aimed at increasing energy yield at the lowest possible cost.

  • Manufacturing The Solar Future: The 2013 Production Annual

    In the ever-changing global solar markets, cost reduction and measures to increase cell efficiencies are the key tools available to PV manufacturers to create new opportunities and drive your business to the next level. Manufacturing the Solar Future 2013 is the third in the Photovoltaics International PV Production Annual series, delivering the next instalment of in-depth technical manufacturing information on PV production processes designed to help you gain the competitive edge.

Partners

Acknowledgements

Solar Media