11.5 MW solar park in Helbra completed

Berlin / Helbra - On 30th December 2010 the solar park in Saxony-Anhalt with a total power of 11.5 Megawatt has been connected to the net as scheduled. Therefore the park can profit from the higher German feed-in tariff of 28.43 cent per kWh. On an area of 28 hectares modules will supply electricity to over 3,300 households and save over 8,000 tonnes of CO2 every year.

Around 50,600 solar modules of the manufacturers LDK and Suntech have been mounted during an installation period of just under 5 months, lastly during the adverse weather conditions in past December.

Parabel developed the project, which involved a total investment of just under € 35 million, for GSI Fonds GmbH & Co. KG and is the sole owner of the special purpose entity. Parabel was also involved in the turnkey construction of the solar park as a partner in the joint venture.

The GSI Solar Fund I is one of the last opportunities for a German ground-mounted plant to secure a 20-year feed-in tariff. The fund received consistently positive assessments from independent analysts. The magazine ECOreporter tested the GSI Solar fund I in its eco plant check.

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