•  
  •  
  •  

Conergy to keep 28-MW US solar portfolio under new IPP strategy

Solar panels. Author: John S. Quarterman. License: Creative Commons, Attribution 2.0 Generic.

September 29 (SeeNews) - Conergy announced on Tuesday it will retain a 28-MW solar portfolio built by it in the US state of North Carolina as part of a plan to become an independent power producer (IPP) in the Americas.

The German downstream solar firm said in a statement it is making a strategic move into selective asset ownership. The company has completed five ground-mounted solar arrays earlier this month, which it intends to keep. The electricity generated by them will be sold to local utility Duke Energy Corp (NYSE:DUK) under a 15-year offtake deal.

Also today, the company announced that Yann Brandt, the former head of Global Marketing & PR at Conergy, will now take the role of Region Head of The Americas. He will take responsibility for the firm’s activities in North, Central and South America, as well as in the Caribbean.

Overall, Conergy has built over 1 GW of solar plants in 16 countries and has operations and maintenance (O&M) deals for over 500 MW of assets.

More stories to explore
Share this story
Tags
 
About the author
Browse all articles from Ivan Shumkov

Ivan is the mergers and acquisitions expert in Renewables Now with a passion for big deals and ambitious capacity plans.

More articles by the author
5 / 5 free articles left this month
Get 5 more for free Sign up for Basic subscription
Get full access Sign up for Premium subscription