Having installed 2900 of its own a-Si thin film modules on the roof of its manufacturing plant in Ichtershausen, Germany, Masdar PV is not following the trend of other solar companies by using its own generated energy but instead plans to sell the projected 260kW production capacity to an investor. However, Masdar PV expects to continue to use the roof installation as a test facility for different types of inverters that include products from Xantrex and SMA Solar. The design and construction of the project was carried out by Colexon Energy, which is also partnering with Masdar PV on other solar projects.
“As we are now able to offer a lucrative and long-term investment opportunity with attractive returns in the form of our solar facility, we are planning to sell the entire system to an investor,” commented Joachim Nell, COO/CMO of Masdar PV.
“We anticipate that it will be possible to generate approximately 223,000 kWh per year and thereby avoid the emission of almost 200 tons of CO2,” noted Dr. Rainer Gegenwart, CEO of Masdar PV.
Masdar PV said that it was guaranteed German national grid feed-in payments of 0.4037 €/kWh for energy generated by the solar power plant during the next 20 years, having had the solar system connected to the grid before the end of 2009.
Although the position of the panel system takes full use of the roofing area since it was designed in parallel to the roof, it was optimal for energy generation.
However, Joachim Nell believes the project has other advantages for a potential investor that shouldn’t be overlooked.
“A major advantage for the investor is obvious: with the close ties and proximity to the module manufacturer, it is unlikely that better customer service can be found anywhere else,” added Nell.