Wednesday, February 15, 2012

Gehrlicher Solar España completes a 10 MW solar park for KGAL’s German fund ESPF 1

MADRID, SPAIN: Last December, Gehrlicher Solar completed the construction and commissioning of Pereruela Solar Park, the second connected installation in the province of Zamora, which means a total of 14 MW installed in this region. In February, the company will hand the plant over to the investor European Solar Power Funds 1 GmbH & Co. KG, a German investment fund specializing in photovoltaic projects, managed by KGAL GmbH & Co. KG with headquarters in Grünwald near Munich.

The ground-mounted photovoltaic installation will produce around 15.000.000 kWh of power per year, equivalent to the yearly power needs of 3.960 households and to a yearly saving of around 5,000 CO2 tons. The solar park occupies a total area of 37.6 hectares of free ground, of which 27.8 correspond to the photovoltaic installation. 122.584 First Solar modules and 14 SMA inverters have been installed.

Gehrlicher Solar has been responsible for the integral execution of this project including designing, managing, construction, and operation and maintenance. The project increases the total power operated and maintained by Gehrlicher in Spain to over 40 MW, positioning the firm in this country at a high level in this business segment.

Guillermo Barea, CEO of Gehrlicher Solar España, stated: “This project has been a great challenge for us, as it has successfully overcome several technical, administrative and environmental obstacles in a record time of 17 weeks. The last announcement from the Spanish government will worsen the situation of the Spanish PV industry. The Gehrlicher team has anticipated possible changes of the legal framework and made efforts to develop new markets. We will keep on working hard and face the new market framework as an opportunity. Pereruela Solar Park has created a strong basis in our relationship with KGAL, with whom we hope to realize further projects in other markets soon.”

Dr. Klaus Wolf, MD of KGAL, added: “We are delighted that Pereruela Solar Park, our 13th photovoltaic project in Spain, is now online. The various funds managed by KGAL in Spain now operate power plants with a total capacity of around 76 MW. This was the first time we had worked with our partner Gehrlicher Solar España and they did an excellent job under conditions that weren’t exactly easy. We look forward to working with them again on other interesting projects on various European markets.”

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