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S.A.G. Solarstrom AG to Build 13MW PV Plant in Czech Republic

Freiburg, Germany, May 28, 2009
Source: Solarstrom press release
http://www.solarstromag.com/index.php?pageID=15&news:oid=n467&template=nm.html

S.A.G. Solarstrom is planning to build a free-standing plant comprised of polycrystalline modules at a former military site spanning approximately 30 hectares in Stríbro, around 30 kilometers west of Plzen. Premium modules from Yingli Solar will be used, as well as the recently presented KACO inverter Powador XP350-HV TL. Based on the amount of sun this location receives, the plant will produce some 13,650,000 kWh of energy per year – enough for more than 3,100 four-person households.

Under the conditions of the Czech Republic’s attractive feed-in tariff, photovoltaic plants capable of more than 30 kWp in output receive CZK 12.79 (just under €0.48) for each kilowatt-hour of fed-in electricity. This rate is guaranteed for 20 years. Construction of the plant is to begin in July and will already be completed by the Fall.

“The local partners we’re working with in the Czech Republic have become familiar with the necessary administrative steps and approval procedures in the country over a number of years. In this project, for example, we are collaborating with our partner Solarpower GmbH,” says Dr. Karl Kuhlmann, CEO of S.A.G. Solarstrom AG. “This enables us to ensure a high level of planning security.”

With 13 MWp, Stríbro constitutes the single largest project in the history of the photovoltaic specialists from Freiburg.  “Thanks to our optimized procurement and logistics processes, we can now also implement considerably larger projects,” Dr. Kuhlmann continues. “Along with Germany and Italy, the Czech Republic is one of our core target markets for 2009. This is why we’re pleased to be carrying out this project in Stríbro – our first in the country.”

S.A.G. Solarstrom AG offer investors all of the services involved in photovoltaic plants from a single source – from independent yield assessments, planning, construction, operations, and monitoring to optimization, repowering, and deconstruction.