Overview

Our new growth focus area is the acquisition of Commercial Rooftop PV Solar Parks in Germany. We have partnered with local developers and EPC operators to develop and build a minimum of 200MW of commercial rooftop Solar PV Parks over the next 3 years with 10MW now complete. We will only acquire the plants when fully constructed and operational with senior debt financing already in place, and with usual EPC performance guarantees.

All of the plants will benefit from German government Feed-in-Tariff revenues guaranteed for 20 years from initial operating year. Such projects are automatically approved for the 20 year FIT incentives but also at a pre-determined FIT rate rather than an auction process.

Country

Germany

Current Status

10MW complete

Business Model

Partner with an in-country EPC/Developer to acquire Rooftop Projects

Future plan

Frame Agreement for 200MW Pipeline over the next 3 years