Photon Energy Adds Further 28.5 Mwp To O&M Portfolio
Photon Energy Operations, a subsidiary of global solar power solutions provider Photon Energy NV, has taken over the operations, maintenance and monitoring of 17 PV power plants in the Czech Republic with a total capacity of 28.5 MWp. The power plants are owned by one of the leading Czech independent power producers Energy 21.
„We are proud to have been chosen by Energy 21 as their O&M provider“, says CEO Georg Hotar. “We now have almost 100 MWp under O&M in the Czech Republic and being an international company we are a reliable partner for international investors with portfolios in Central Europe, who do not have a permanent presence here”, Hotar continues. Despite the end of the initial solar boom in the Czech Republic several years ago, the country is still an interesting market and is currently witnessing international companies exploring opportunities and making investments. “While investing in existing power plants offers attractive revenues through guaranteed feed-in-tariffs, investors need a reliable partner to navigate numerous restrictions, retroactive measures, changes of legislation and other hurdles that power plant owners must continuously face. With our experienced local technical, administrative and legal staff, we take care of assets in Central Europe for international investors as well as our own portfolio of power plants”, says CEO Georg Hotar.
One of Photon Energy’s main advantages for Energy 21 is the company’s expertise when dealing with central PV inverters, in this particular case Satcon® inverters. Apart from in-depth technical knowledge and experience with this technology, Photon Energy recently entered into a cooperation agreement with GreatWall, the successor of central inverter producer Satcon®. The agreement includes new product and spare parts distribution as well as service partnership for Satcon® and Great Wall technology in Europe and Australia.
