Colexon Energy closed out 2010 with the sale of three of its solar power plants to an undisclosed Irish investment company. The €11.5-million sale marks the largest order volume of Colexon in the Italian market to date. The three plants: Leo at 998kWp, Corvo at 997kWp and Valle at 997kWp were developed and constructed as turnkey projects by Colexon Italia, a subsidiary of Colexon Energy.
The three solar parks saw 13,000 crystalline modules installed over 5 acres and will average an annual output of over 3.8-million kWh. Colexon noted that in addition to the sale of the three power plants, it has also developed three other solar power plants with a total output of 3MWp for its portfolio with the assistance of an unidentified Italian partner.
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Additionally, as Colexon completed the sale of three of their solar PV projects, the company’s board announced that Thorsten Preugschas will no longer be a member of the management board and that Volker Hars, current COO of the company, will commence new duties as Colexon’s CEO.
Hars is credited for his involvement in the company’s IPP segment, which focused on Italy. Tobias Friedrich, an authorized signatory of Colexon, will take over the project sales unit.