juwi, Germany-based solar project developer, has spent most of 2011 involved in building various installations around the world including India’s largest solar power plant, breaking into the Greek solar industry and bringing a small village in northern Nambia its first around-the-clock electricity supply. juwi is also celebrated for building the world’s largest PV power plant in eastern Germany.
Now, the company who came 2nd in IMS Research’s World PV System Integrator Market Rankings 2010, has changed tact and decided to sell a 5.79MW PV park in the Czech Republic to power producer Plain Energy.
The plant is based on two sites at Hostovice I + II, approximately 130km east of Prague and has only been open since December 2010. It was sold for an undisclosed sum.
Constantin Schwab, managing director of Plain Energy, said acquisition of the power plants was an important step towards pan-European diversification. According to him, a long-term engagement in renewable energy, especially in times of insecure markets, guarantees reliable returns to investors.