7C Solarparken AG

7C Solarparken AG increases installed capacity to 95 MWp

Business news for the stock market

Bayreuth (pta047/08.11.2016/18:08) - Bayreuth, 08. November 2016 - 7C Solarparken AG (WKN: A11QW6, ISIN: DE 000A11QW68; Stock Exchange: Regulated Market in Frankfurt / Main (General Standard)) has invested in a new 1 MWp freefield PV installation. The project has been constructed by IBC Solar AG with whom also further projects are planned.

The PV installation "Mühlgrün" (Saxony) has been grid-connected since the end of October 2016 with a total capacity of 971 kWp. 7C Solarparken AG also purchased the land. A feed-in tariff of EUR 86.8/MWh has been secured through the auctioning procedure. The installation has been equipped with panels of IBC Solar (IBC Mono Sol 295 VL) and string inverters of Sungrow.

Steven De Proost, CEO of 7C Solarparken coments: "Through this transaction, we have increased our installed capacity to 95 MWp. The recently announced projects in Großfurra (4.1 MWp) and Ludwigsfelde (1.3 MWp) are not yet included since they are currently in the planning phase."

7C Solarparken
7C Solarparken AG is a pure solar power plant operator with a portfolio of approx. 95 MWp; most of the installations are located in Germany. The company is listed on the Frankfurt Stock Exchange's Regulated Market (General Standard).

For further information:
7C Solarparken AG
An der Feuerwache 15
95445 Bayreuth,
Germany
www.solarparken.com
Steven De Proost, CEO

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emitter: 7C Solarparken AG
address: An der Feuerwache 15, 95445 Bayreuth
country: Germany
contact person: Koen Boriau
phone: [phone]
e-mail: [e-mail]
website: www.solarparken.com

ISIN(s): DE000A11QW68 (share)
stock exchanges: regulated market in Frankfurt; free market in Stuttgart, free market in Munich, free market in Dusseldorf; open market in Berlin

[ source: http://www.pressetext.com/news/20161108047 ]