The solar park developed in Adelebsen, Lower Saxony, will be realized on an about 26 hectares large, former industrial area and will have a capacity of slightly more than 10MW.
3U also purchased 27,000sqm of rentable floor space with the property.
The capacity is both installed on the roofs of the halls as well as in open space, the company said.
The total investment volume for the site Adelebsen will amount to about EUR25m.
The financing of this project is carried out short term with own resources; attractive debt financing is sought in the medium-term.
The construction of the roof areas will commence immediately and should be completed this year.
The photovoltaic modules assembled on the open space will be connected by April 2012.
