Gehrlicher Solar divests 10.4 MWp of solar plants in Italy
Sep 19, 2011 - German solar technology company Gehrlicher Solar AG has sold five solar plants with a combined capacity of 10.4 MWp in northern Italy to Germany-based White Owl Capital AG, it said last week.
The assets sold include the 2.6 MWp Cremosano, 1.3 MWp Dovera and 3.6 MWp Palazzo Pignano solar plants in the Lombardy region, and the 1.6 MWp Polesine 2 and 1.3 MWp Polesine 3 plants in the Emilia-Romagna region.
The solar plants comprise 133,680 modules of First Solar and 15 inverters of SMA and produce a total of 12.2 million kWh of electricity a year, according to Gehrlicher.
The company's local unit Gehrlicher Solar Italia Srl installed and connected the systems to the grid before the feed-in tariffs cuts effective on September 1, 2011.