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Sinosol AG is building a 7.4-megawatt (MW) photovoltaic project close to Augsburg in Southern Germany. The project is being funded by an institutional investor from India. On a surface of approximately 17 hecatares more than 35,000 polycrystalline PV-modules will be installed.
Both parties have agreed on the takeover of a power plant portfolio in Europe with a total size of 65 MW.
Sinosol is the project developer and EPC contractor. Construction for the project in Nordendorf started on August 4. After a construction period of four months the PV-plant will be finished and grid connected before the end of 2009.
The project in Nordendorf is a pilot project for further joint activities of Sinosol and the institutional investor from India which is planning to build an international PV portfolio of 200 MW until the end of 2010.
Both parties have agreed on the takeover of a power plant portfolio in Europe with a total size of 65 MW. The agreement covers PV parks that will still be grid connected in 2009 as well as power plants that will be erected in 2010 by Sinosol Group.
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