SAG Solarstrom announced the expansion of its power plant portfolio with the addition of its 5.1MW PV solar system in Kamenicna, Czech Republic. The plant was originally completed before December 2010 and connected to the public network that same month therefore allowing SAG Solarstrom to benefit from €0.51(or 12.4 Czech Crowns) for each kWh fed into the grid.
“The system is exhibiting the high performance expected in the first few months of operation“, says Dr. Karl Kuhlmann, CEO of SAG Solarstrom, “we have therefore decided to extend our portfolio by this attractive and already funded project, even taking into account the Czech solar tax of 26%“.
By retroactively adding the Czech solar installation, which produces 5,2000MWh of electricity per year, to its PV power portfolio, as of January 1, the company will now have a total solar PV portfolio of 25.1MW. “An attractive green electricity portfolio offers not only plannable profits, but also supplies us with valuable data regarding long-term performance, and the maintenance and optimization requirements of systems, which we can use to continuously improve our offering. In the long-term, our own systems are interesting assets for potential partners, such as major energy providers who want to invest specifically in renewable energies. The project planning business would also benefit at the same time“, concluded Kuhlmann.