Press | 13.12.2010

CEE and Gehrlicher Solar intensify cooperation

35 megawatt framework agreement signed and 10 megawatt park in Brandenburg handed over

 

Hamburg/Dornach. CEE (Conetwork Erneuerbare Energien Holding GmbH & Co. KGaA), an equity investment company based in Hamburg, and pv project planner, Gehrlicher Solar AG, have signed a framework agreement for the joint execution of solar projects in Europe. The projects have a total output of 35 megawatts (MW) and are to be realized within the next twelve months.

 

Both partners have thus established the basis for an international and long-term cooperation. „Together with CEE, we will be able to continue to expand our position as an international pv systems provider and, due to our long experience, will ensure the successful execution of projects“ says Klaus Gehrlicher, CEO of Gehrlicher Solar AG.

 

As a specialist in investments in renewable energies, CEE already has a diversified portfolio and projects in the areas of biogas, biomass, wind power and photovoltaics. The company now plans to expand its presence in Europe in a targeted manner.

 

„We are looking forward to a continuing our successful cooperation with Gehrlicher Solar in the future, also in new markets” explains Detlef Schreiber, Managing Director of CEE. „With our comprehensive branch and structuring experience, and a project partner that we can count on, we are in the best position possible to allow our investors to profit from the promising chances European pv parks have to offer.”

 

Missen Solar Park

In the past 12 months, CEE already took over two solar parks with a  total output of 10.5 megawatts designed and built by Gehrlicher Solar. The third solar park with a total output of 10.1 MW was handed over to the investment company from Hamburg last week in the town of Missen in the state of Brandenburg. Missen Solar Park consists of a total of five single projects. As with all systems which have been jointly realized thus far, Gehrlicher Solar was responsible for the technical operation while CEE was in charge of the commercial operation.

 

After only four moths of construction, the parks were connected to the grid by Envia Netz and started operating on 7 December 2010. The total investment sum amounts to approximately 25 million euros. CEE was able to win Deutsche Kreditbank AG (DKB) as an institutional lender. Gehrlicher installed about 126.000 First Solar and Solar Frontier solar modules as well as Siemens inverters in the system in Missen. The solar park stretches over an area of approximately 55 hectares.

 

Press release