German photovoltaics specialist IBC Solar AG has begun the construction of a 9.6-MWp solar park in Bavaria which is open to investments by citizens.
The solar farm will consist of some 17,900 modules installed on an area of 8.4 hectares (20.76 acres) in the Sand am Main municipality in southern Germany, IBC Solar said last week.
Once up and running in October, the solar plant will generate 10,180 MWh of sustainable electricity per year and supply some 3,500 households in the region with clean power. The solar farm will offset more than 6,260 tonnes of carbon dioxide emissions annually.
Citizens in the region are able to invest in the project through two local companies on whose behalf IBC Solar is building the solar park.
Municipalities are increasingly opting for climate-friendly, decentralised power generation and prove that this can also be economically attractive for citizens, said IBC Solar's founder and chief executive Udo Moehrstedt. Such solar parks with citizen participation also allow communities and their residents to make a significant contribution to the energy transition, Moehrstedt added.
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