Solyndra has signed an EPC agreement with Photon Energy, which will see the installation and development of 18 rooftop PV systems in Prague for a total of 1.23MWp. Installations have already begun with Novacento securing the authorization to install the solar projects on the roofs of municipal buildings; mainly schools and nurseries.
“Partnering with Solyndra, with their proven and readily bankable technology, allowed us to complete the planning process quickly,” said Michal Gärtner CEO of Photon Energy. “Their performance on flat roofs, and lightweight, non-penetrating design was ideal for the schools and other buildings encompassed in this project.”
Not only has Solyndra declared this to be their biggest installation in Eastern Europe, but has also acknowledged that this will be the first project in the Czech Republic that will surpass 1MWp with Solyndra panels. Photon Energy provided financing for 80% of the project to Novacento, with Novacento seeking to work with the U.S. Export Import bank in order to lock in long-term project financing once the last system is connected.
Construction is scheduled to be finished by the end of this year, with final connection also occurring late this year.