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Germany

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Overview

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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.

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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.

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Country

Germany[/vc_column_text]

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Current Status

10MW complete[/vc_column_text]

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Business Model

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

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Future plan

Frame Agreement for 200MW Pipeline over the next 3 years[/vc_column_text][/vc_column][/vc_row][vc_row type=”full_width_content” full_screen_row_position=”middle” equal_height=”yes” content_placement=”middle” scene_position=”center” text_color=”dark” text_align=”left” overlay_strength=”0.3″ shape_divider_position=”bottom” shape_type=””][vc_column column_padding=”no-extra-padding” column_padding_position=”all” background_color_opacity=”1″ background_hover_color_opacity=”1″ column_shadow=”none” column_border_radius=”none” width=”1/2″ tablet_text_alignment=”default” phone_text_alignment=”default” column_border_width=”none” column_border_style=”solid”]

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Locations: Various locations around Germany

Plan:  200MW Pipeline over 3 years[/vc_column_text][/vc_column][/vc_row]