IBC SOLAR and 7C Solarparken strengthen partnership

Solar power plant operator 7C Solarparken acquires new 10 MWp solar park in Hesse, Germany, which was realised by IBC SOLAR. At the same time, the system house from Upper Franconia takes over the maintenance and service (O&M) for a total of 111 MWp of the 7C portfolio.

Bad Staffelstein / Germany, April 29, 2020 – IBC SOLAR AG, a global leader in photovoltaic (PV) systems and energy storage and 7C Solarparken AG (WKN A11QW6, ISIN: DE 000A11QW68), a listed solar power plant operator with focus on the German solar market, are strengthening their excellent cooperation that has been existing for years.

7C Solarparken AG has acquired another open-space solar park developed, planned and built by IBC SOLAR AG with a total nominal output of 10 MWp at the Oberwesterwaldbahn site in Hesse, Germany (Dornburg and Elbtal communities). A total of 36,300 solar modules now generate climate-friendly solar power between Dornburg and Elbtal. The 16.44-hectare solar park is equipped with modules from URE (merger of Neo Solar Power, Solartech and GINTECH) and receives an average feed-in tariff of 6.08 ct / kWh.

As part of the in-depth partnership, IBC SOLAR not only takes on preventive maintenance services for the newly acquired solar park, but also for another 101 MWp of open and roof area systems from 7C Solarparken AG. Overall, the system house therefore performs preventive services, including medium-voltage protection tests for over 111 MWp of the 7C portfolio.

“With the acquisition, our portfolio increases to over 210 MWp. As a result of this transaction, we are already close to our target of 220 MWp in April,” said Steven De Proost, CEO of 7C Solarparken AG. "The new partnership with IBC SOLAR enables us to continually ensure the concentration on repairs, monitoring and optimization of the systems in-house and to ensure the necessary preventive maintenance and service work by an experienced and well-known partner."

"We are pleased about 7C's confidence in the quality and performance of our company and are very proud to be able to extend our partnership cooperation extensively to the area of technical management," adds Udo Möhrstedt, CEO of IBC SOLAR AG. "In addition to the contribution to climate protection, renewable energies also have considerable economic potential, especially in and after times of crisis, which must be exploited."

Ralf Hennig, Head of Projects Germany, adds: “The fact that we map the entire value chain of project business - from project development, planning and implementation to contract design, financing and technical management (O&M) - also results in many economic advantages for our customers. The overall risk is minimized, and the value retention and profitability of the PV system is increased."

About IBC SOLAR

IBC SOLAR is a leading global provider of photovoltaic and energy storage solutions and services. The company offers complete systems and covers the entire product range from planning to the turnkey handover of photovoltaic systems. The product range comprises solar parks, self-consumption systems for commercial enterprises and private households, off-grid photovoltaic systems and diesel hybrid solutions. As a project developer and general contractor, IBC SOLAR implements and markets major solar projects worldwide. The manufacturer-independent system house guarantees the highest quality for all projects and has currently implemented photovoltaic systems with an output of 4,7 gigawatts worldwide. IBC SOLAR works with a close network of Premium Partners and supports them with their own software tools for planning and designing grid-connected systems including storage systems. IBC SOLAR offers customised packages for energy providers, municipal utilities and providers of photovoltaic solutions. The company ensure the best possible output of solar parks through technical management and monitoring.

IBC SOLAR was founded by Udo Möhrstedt in Bad Staffelstein in 1982 who has managed the company as the Chairman of the Executive Board to date. The system house is a pioneer of the energy turnaround in Germany and is especially committed to energy cooperatives with its own planned public solar parks. The company is active internationally with numerous regional companies, sales offices and partner companies in more than 30 countries.

Media contact IBC SOLAR:
IBC SOLAR AG
Annika Bloem (Press Officer)
Am Hochgericht 10
DE-96231 Bad Staffelstein, Germany
Tel.: +49 9573 / 92 24 782
[email protected]