7C Solarparken AG

7C Solarparken AG increases IPP portfolio to nearly 113 MWp

Business news for the stock market

Bayreuth (pta024/07.09.2017/12:00) - 7C Solarparken AG (WKN: A11QW6, ISIN: DE 000A11QW68) expands its IPP portfolio by 5.6 MWp through adding three new PV installations that have been developed, planned and constructed by IBC Solar. In Goldberg (Mecklenburg West Pomerania), 7C Solarparken already operated a 1.7 MWp installation, which it recently has extended by another 0.3 MWp through installing IBC Monosol panels. Furthermore, the Group also started the construction of a 4.6 MWp freefield project in Bitterfeld (Saxony Anhalt) that received a feed-in tariff from the tendering system. In Teutschenthal (Saxony Anhalt), a new rooftop project of almost 750 kWp will be equipped by First Solar panels of 117.5 Wp.

Upon grid connection of these three new-build installations, the IPP portfolio of 7C Solarparken will grow to nearly 113 MWp. Steven De Proost, CEO of 7C Solarparken AG comments: "Taking these new capacity additions into account and considering our strong pipeline, we are very comfortable to reach our 115 MWp target at year-end."

7C Solarparken
7C Solarparken AG is a listed owner/operator of PV plants in Germany with a portfolio of 113 MWp. The shares of the company are traded on the regulated segment of the Frankfurt Stock Exchange (General Standard).

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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/20170907024 ]