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31.05.2010 00:00

Q-Cells SE transfers largest crystalline solar park in Germany to Nordcapital

Bitterfeld-Wolfen, 31 May 2010 – Q-Cells SE announced today the official transfer of Germany’s largest crystalline solar park in the Bavarian town of Straßkirchen. After a construction period of less than six months on an area of approximately 150 hectares, the park began successful operations at the end of 2009, and is capable of generating a total output of 54 Megawatt (MWp). Nordcapital, a Hamburg based issuing company for closed end funds, acquired 51 MWp, the largest portion of the installation, and began the placement of its first solar energy fund today. The additional 3 MWp of the solar park have been established as a solar park for public participation. 

The development, planning, and construction of the world’s second largest crystalline solar generating plant was performed by Q-Cells International GmbH (QCI), a fully owned subsidiary of Q-Cells SE and one of the leading suppliers of photovoltaic systems. Nordcapital has also awarded a service and maintenance contract to QCI in addition to the continuous security monitoring for the photovoltaic facility.

Q-Cells installed about 230,000 crystalline solar modules for the solar park on an area approximately the size of 195 football pitches. The park can generate enough power to meet the energy demands of a city with 30,000 residents over an estimated period of at least 20 years.

“The availability of the entire value chain within the Q-Cells Corporation – from the solar cells to the solar modules to the final systems – means that we can supply our customers with quality solutions of the highest standards at attractive prices”, said Nedim Cen, Chairman of the Board, Q-Cells. 

In 2009, for its international customers, Q-Cells International GmbH placed solar plants of various sizes into operation all around the world, with a total power rating of approximately 150 MWp.