Green Progress

Alternative Energy

SonnenEnergy Breaks Ground on New Solar Power Park

SonnenEnergy Corp, an established photovoltaic solar power systems integrator and solar power producer, today announced that it has broken ground on the first phase of a 10-acre solar power park in Hausen, Germany ("Solar Park Hausen"). Solar Park Hausen is the second solar park owned by SonnenEnergy, which also maintains three parks that it built previously for commercial customers.

"With the completion of Phase I of the project, Solar Park Hausen will have a capacity of 1,000 kWp with expected annual revenue of approximately (euro)400,000," said Sudhir Morar, SonnenEnergy's President and Chief Executive Officer. "Future expansion of the solar park could potentially increase its capacity up to 2,500 kWp."

"We are currently securing a number of additional sites for solar parks in Germany and other locations in Europe that could significantly increase our total power capacity and production revenue by the end of 2008," added Mr. Morar. "We are also evaluating potential opportunities in North America. We remain focused on developing projects that will increase our total power capacity and drive revenue, as we work to becoming the leading solar power integrator and producer of solar power."

SonnenEnergy has also signed contracts to develop a number of projects that will be sold to customers. These projects are expected to generate approximately (euro)10 million in non-recurring revenue. SonnenEnergy is also conducting contract negotiations for a number of other projects, including solar parks, which could potentially generate significant additional non-recurring revenues in the next 18 months.

More Alternative Energy Articles

Department of Energy to Train 75,000 Solar Workers

First Hybrid-Flywheel Energy Storage Plant in Europe announced in Midlands

World's Largest Solar Thermal Power Project at Ivanpah Achieves Commercial Operation

NTU Scientists Make Breakthrough Solar Technology

Wireless Devices Go Battery-Free Using "Ambient Backscatter" from TV and Cellular Transmissions

Harvesting Electricity from the Greenhouse Gas Carbon Dioxide

Maine Project Launches First Grid-Connected Offshore Wind Turbine in the U.S.

University Researcher Making Rechargeable Batteries with Layered Nanomaterials

Vestas 8 MW Offshore Wind Turbine Could Power Up To 3200 Homes

Urban Green Energy and GE Unveil the Sanya Skypump, an Electric-Vehicle Charging Station Equipped with Wind and Solar Power

even more articles...

Suggest an Article for Green Progress

Green Progress :: Green Technology and Environmental Science News
Green Progress is an EcoMethods™ sustainability project. Copyright © 2005 - 2019 Green Progress. All rights reserved.