Centrosolar completes 130 kWp rooftop solar installation

Dec 5, 2012 - German solar energy systems maker Centrosolar Group AG (ETR:C3O) said Tuesday it had finished work on a 130-kWp rooftop solar system using in-roof panels in a housing complex in Schaffhausen, northern Switzerland.

The company has teamed up with Buderus Heiztechnik AG to install more than 600 photovoltaic (PV) panels on 52 roofs of a workers' housing cooperative complex, which is a protected historical site. It is estimated that the solar facility will generate 120,000 kWh of electricity each year, Centrosolar, said.

Under the Swiss regulations, the housing complex will get a compensatory feed-in tariff for 25 years.

Last month Centrosolar said its photovoltaic division had managed to increase its international revenue by 29% year-on-year in the third quarter despite the difficult situation in the sector caused by falling prices and increased competition. However, the company’s third-quarter revenue fell 24% to EUR 55 million (USD 72m).

(EUR 1 = USD 1.310)

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