Phoenix Solar signs two-year cooperation agreement with Bürgerservice Trier worth €100 million

Facebook
Twitter
LinkedIn
Reddit
Email

Phoenix Solar AG’s wholly-owned subsidiary Phoenix Solar Energy Investments AG has extended its project development agreement with Trier-based Bürgerservice GmbH for a further two years. The agreement, which was finalised at Intersolar in Munich at the end of May, will see the construction of PV power plants with a volume worth approximately €100 million in 2010 and 2011.

Bürgerservice will develop the projects in the Trier region of Germany and in France, to be offered exclusively to Phoenix Solar. Phoenix will, following acceptance of the projects, offer the solar parks to financial investors and will build the plants in the capacity of general contractor, as well as acting as the site operators. Bürgerservice will be responsible for site maintenance and local technical support.

This extension of the agreement builds on the companies’ existing plan, which has led to the construction of approximately 15MW since the initial agreement was signed in February 2008. The original agreement was for a volume of approximately €100 million to run from February 2008 until December 31, 2009.

This article requires Premium SubscriptionBasic (FREE) Subscription

Unlock unlimited access for 12 whole months of distinctive global analysis

Photovoltaics International is now included.

  • Regular insight and analysis of the industry’s biggest developments
  • In-depth interviews with the industry’s leading figures
  • Unlimited digital access to the PV Tech Power journal catalogue
  • Unlimited digital access to the Photovoltaics International journal catalogue
  • Access to more than 1,000 technical papers
  • Discounts on Solar Media’s portfolio of events, in-person and virtual

Or continue reading this article for free

Read Next

October 4, 2024
The companies dubbed it the ‘largest’ solar park in the Baltics and double the capacity of the previous largest operational solar PV plant in Estonia.
October 4, 2024
Xcel Energy has reached an agreement on its 2024 Resource Plan which it says will reduce its carbon emissions by 80%.
October 4, 2024
Chinese solar PV manufacturer Runergy has started production of n-type modules at its 2GW annual nameplate capacity plant in Alabama, US.
October 4, 2024
Trina Solar has filed a patent infringement complaint with the US ITC regarding TOPCon products sold by Runergy and Adani Green Energy.
October 4, 2024
“The required investment and technical know-how [for establishing cell capacity] is significantly more complex and substantial [than modules]”, Colville said.
Premium
October 4, 2024
A prominent US renewable energy lawyer has told PV Tech Premium that a Chinese challenge to the Inflation Reduction Act through the World Trade Organization should not be a cause for alarm.

Subscribe to Newsletter

Upcoming Events

Solar Media Events
October 7, 2024
Huntington Place Detroit, MI
Solar Media Events
October 8, 2024
San Francisco Bay Area, USA
Solar Media Events
October 15, 2024
Santiago, Chile
Solar Media Events
October 22, 2024
New York, USA