Local energy partnership finalizes PV park installed along railway tracks
[Ismaning, October 2nd, 2013] Hanwha SolarOne, a global provider of total photovoltaic (PV) solar solutions and a flagship company of the top-10 Korean business enterprise Hanwha Group, has supplied 8.2 MWp of solar modules to a PV park in Bavaria, implemented by GSW Gold SolarWind Management GmbH. The citizens of the city of Straubing and of Straubing-Bogen county have secured shares in the PV park through a local energy partnership.
“GSW has successfully realized a true showcase project, both in terms of project planning and financing as well as with regards to local commitment,” said Maengyoon Kim, Managing Director of Hanwha SolarOne GmbH. “We congratulate the citizens of the city of Straubing and county of Straubing-Bogen on their sustainable investment.”
Citizens’ commitment to local renewable energy deployment
The energy initiative “GSW-Stadtwerke Straubing Bürgerenergie II GmbH & Co.KG” is based on a partnership between GSW, the local utility Stadtwerke Straubing, the city of Straubing and the municipality of Atting. The citizens of these regions have covered the complete investment. In addition to the PV Park, the local energy project is complemented by a wind power park comprised of five 3.1 MW wind turbines located in Bösel, Lower-Saxony. Through the Straubing Bürgerenergie II project, an estimated 47 million kWh of green electricity will be generated annually.
“As was also the case for our first energy initiative in Straubing, local interest for the project was very high. The citizens’ shares were sold out within a few days,” said Lucia Gold, General Manager of GSW Gold SolarWind Management GmbH. “With private citizens investing their savings, delivering the expected return is our highest priority. After thorough evaluation, we chose Hanwha Solar modules for our project in Straubing. We are confident that these high-quality modules will deliver clean energy for years to come.”
The Lerchenhaid II PV park is distributed over two areas on both sides of the railway tracks close to Lerchenhaid, with ICE high speed trains rushing by. Following a seven-week construction phase, the park was connected to the Stadtwerke Straubing grid at the end of April 2013. The park’s PV capacity totals 12.4 MWp, of which Hanwha SolarOne supplied 8.2 MWp. GSW will be responsible for operation and maintenance of the park.
In September, GSW finalized a further 2 MWp solar park open to citizens’ investment located in Bavarian Vatersdorf. The PV modules were supplied by Hanwha SolarOne.
About Hanwha SolarOne
Hanwha SolarOne Co., Ltd. (NASDAQ: HSOL) is one of the top 10 photovoltaic manufacturers in the world, providing cost-competitive, high quality PV modules. It is the flagship company of Hanwha Group, one of the largest business enterprises in South Korea. Hanwha SolarOne serves the utility, commercial, government and residential markets for a growing network of third-party distributors, OEM manufacturers and system integrators. The company maintains a strong presence worldwide, with employees located throughout Europe, North America, Asia, South America, Africa and the Middle East. As a responsible company committed to sustainability, Hanwha SolarOne is an active member of the PV Cycle program. For more information, please visit: http://www.hanwha- solarone.com.
About Gold SolarWind Management GmbH
GSW Gold SolarWind Management GmbH is specialized in the realization and operational management of sustainable energy production projects. The company currently operates 64 wind power plants as well as 30 MW of citizens’ solar energy plants. For more information, please visit: http://www.gold-solarwind.de/.
For further information:
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Lena Berg
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E-Mail: lena.berg@hanwha-solarone.de