Wattner AG of Cologne, Germany, and Scheuten Solar of Venlo, Netherlands, have signed a master agreement for the financing and construction of solar power plants worth 90 Mio EUR. Both companies enter an extensive cooperation with this agreement.
Scheuten Solar as solar panel manufacturer and general contractor is responsible for the turnkey engineering, procurement and construction (EPC) whereas Wattner renders the project financing. “With Scheuten Solar, we ensure a high quality for our projects and secure an important strategic partner with whom we also worked very well together in the past. Scheuten, for example, delivered the solar panels for our 1,7 MegaWatts (MW) ground installation near the city of Meerane.” explains Wattner Managing Director Ulrich Uhlenhut. “A novelty of the project is its location along the Autobahn A4 on a 1.2 km sound protection wall.”
The agreement between Wattner and Scheuten Solar spans six years. “We can completely focus on our technological core competencies with Wattner as investor.” says Marinus Boogert, Marketing & Sales Director of Scheuten Solar. “This master agreement with a total volume of 30MW secures us steady flow of sales over a couple of years.”
Arising from the cooperation is a projects pipeline in Spain and Italy with about 4MW; about 1MW will be completed in Germany in 2007.
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