Utility Edisun Power has acquired a 900kW plant in southern Spain from IBC Solar.
Near the town of Huelva, close to another Edisun Power plant, the company has also inherited IBC modules and inverters. The plant is expected to produce approximately 1.3 million kWh of electricity and is located on the flat roof of a factory.
Rainer Isenrich, CEO/CFO of Edisun Power commented: “We now have collateral to guarantee that the system performs well as promised.”
In southern Spain, Edisun Power has a further five plants connected to the grid.
Edisun Power refused to divulge any financial details.