COLEXON Energy AG hands over 2.4 MWp solar power plant portfolio in Saxony/Germany

HAMBURG, GERMANY: COLEXON, a leading developer of large rooftop solar power plants, again demonstrated its competence: On December 16, three solar power plants on the rooftops of the Saxon ‘BMG Baugruppen- und Modulfertigung GmbH Glauchau’ with a total capacity of 2.4 MWp have been commissioned.

Owing to an individual substructure designed by COLEXON engineers, an extraordinary energy yield will be achieved.

The new solar power plant portfolio on the rooftops of BMG, planned by COLEXON Energy AG, comprises three individual plants located in Glauchau, Saxony. These plants have been commissioned on December 16. The construction of the 24,000 sqm solar power plant began in July. COLEXON used a total of 33,400 thin film modules from the specialist First Solar.

Efficient method of construction
A great challenge for COLEXON has been the maximum roof load of 15 kg/sqm. COLEXON engineers and SC SolarCraft developed an innovative light weight mounting system. Moreover, the system enables a very efficient use of the available roof area.

Since shading effects are minimized, more modules can be placed on the roof due to an optimized module inclination angle of only ten degrees. This method of construction prevented a costly penetration of the roof panel.

Optimal ROI
On the one hand, the project specifications are tailored to the particular needs of the solar power plants in Saxony. On the other hand, this efficient rooftop construction in conjunction with the First Solar modules enables COLEXON to offer its customers an attractive ROI, also in years to come despite any political developments.

Growth in 2010
For COLEXON the project portfolio Glauchau is one of various reasons for looking positively to the next year. By the end of 2009, COLEXON expands her financial flexibility by ensuring comprehensive liquid funds.

The working capital financing of 21 million euros, closed in December, is an important step to finance the company growth in 2010. With this new financial security and with approved innovative approaches for investors as for example in Glauchau, COLEXON sees herself in a good position for further growth in the years to come.