Czech Republic has initiated a Feed-In Tariff program, which is projected to create over 500MW of grid-connected PV power plants through 2011. These installations qualify as part of this program.
Energy 21 will own and operate these solar plants. CE Solar, the EPC division of Energy 21, will deliver and maintain the solar PV plants, which will be constructed in the first half of the year.
In addition to thirty-three PowerGate Plus 500kW inverters, Satcon will also deliver thirteen of the company’s 1MW PowerGate Plus CE inverters, four 250kW CE PowerGate Plus inverters, and over 600 of its recently introduced smart subcombiners, the Satcon SSC system.
Daniel Kunz, CEO of Energy 21, said: ”The utility scale solar power market in the Czech Republic is poised for significant growth in 2010 as demonstrated by these projects. Satcon is a trusted partner of Energy 21.
“Our experience working with them on some of the largest installations across the Czech Republic and Slovakia over the past two years gives us tremendous confidence that these new solar plants will deliver the highest level of reliability and performance, and provide the strongest value to our shareholders.”
Steve Rhoades, president and CEO of Satcon, said: ”Energy 21 continues to demonstrate its leadership position within the European utility market. As the demand for advanced, reliable utility scale solutions in Europe continues to grow, our partnership with Energy 21 helps us build a strong foundation in the Czech Republic to showcase our industry-leading, utility-ready solar PV inverter solutions.”
