Aug 17, 2011 - German renewable energy project developer Windwaerts Energie GmbH announced today that its solar park with capacity of 3.5 MW started operations in the German state of Bavaria.
The facility will generate some 3.7 million KWh electricity annually, which is to be delivered to 1,200 households.
The solar park, which is financed via a fund in which every citizen of the area is able to invest, consists of 14,208 photovoltaic modules, produced by Canadian Solar Inc (NASDAQ:CSIQ).
In 2011 so far Windwaerts has already executed another project in Bavaria with a total investment volume of EUR 14.7 million (USD 21.2m) and a capacity of 4.8 MW.
(EUR 1.0 = USD 1.444)
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