The final module of an innovative ‘Citizen Solar Power Plant’ that lets residents invest in their local solar power plant was installed on Tuesday this week in Sukow, Germany.
The 31ha 11MW IBC Solar plant will use 48,000 modules to generate 10.5m kWh of solar electricity per year, or enough to supply 3,638 households, and should begin operation later this month.
At a minimum deposit of €5,000, residents of Sukow and its surroundings can buy shares in the park’s solar fund, which IBC Solar plan to market in November.
“For the state of Mecklenburg-Vorpommern, renewable energies represent a tremendous opportunity and we will be able to consistently drive ahead the distributed supply of renewable energy,” state transportation minister Volker Schlotmann said. “The people of Mecklenburg-Vorpommern will thus directly benefit from the expansion of renewable energies.”
“In Mecklenburg-Vorpommern, IBC Solar has already connected three solar parks to the grid,” IBC Solar founder and CEO Udo Möhrstedt said. “The Sukow solar park is an additional project contributing to the ongoing energy transition in Germany. By marketing the facility as a ‘Citizen Solar Power Plant’, we are enabling local residents to invest in solar energy and to make their contribution to the creation of a sustainable electricity supply.”