ET Solar has now completed its 1.9MW ground mounted photovoltaic power plant in eastern Germany. The project, which was connected to the grid by Envia Netz on June 24, is located in Katharinenrieth, the village of Saxony-Anhalt.
The plant, which is expected to generate approximately 36 million kWh of electricity a year, was designed and constructed by ET Solar’s German engineering team, with the company’s China manufacturing plant supplying the PV modules.
Wattner, the Cologne-based renewable energy investment company, is the sole equity investor of the project via its publicly raised SunAsset fund.
Dennis She, president of ET Solar said, “Following the 1.5MW power plant that we, as EPC contractor, delivered to Wattner last December, this project further solidified our track record in providing turnkey solutions to our customers and enhanced the bankability of our module products especially projects financed by DKB. In addition to EPC contracting, we strive to expand our service scope by arranging short/long-term financing and sourcing investors going forward.”
Guido Ingwer, managing partner of Wattner said, “We are very pleased with the second power station that ET Solar designed and constructed for us in Germany. We continue to be impressed with the design consistency and execution efficiency that ET Solar achieved. We look forward to converting more prospective projects to grid connected power plants with ET Solar this year.”