Solar park

18
Jun

SUNfarming GmbH plans bond issue

SUNfarming GmbH, an international specialist in the realisation of turnkey photovoltaic projects, is planning the issue of a corporate bond depending on the capital market environment.

At the beginning of the new financial year 2018, SUNfarming GmbH had reached a new record order backlog of EUR 24.5 million, which is an increase of 180 % in comparison to the same date in the preceding year. The objective for the next years is to enhance the revenue and the operating result. Therefore, the proceeds from a bond issue are intended to be used foremost for the realisation of new photovoltaic power plants in Germany and abroad as well as to optimise the debt capital structure.

For this purpose, the management has instructed BankM – Representative Office of FinTech Group Bank AG to organise a management roadshow. A potential securities prospectus would be published at www.sunfarming.de. “With the possible corporate bond we would like to optimise our financing options further and put our growth in Germany and abroad on a solid base,” explains Martin Tauschke, the Managing Director of SUNfarming GmbH.

Since its incorporation in 2004, SUNfarming GmbH has covered the full EPC value chain (engineering, procurement, construction) – from planning and development to financing and construction to monitoring and servicing of solar parks. The company has a long-standing customer base of capital investors, local authorities, users of commercial and private in-house electricity generation systems as well as property-holding sister companies belonging to the Schrum-Tauschke cooperation group.

The international team of experienced commercial staff, engineers and technicians has successfully installed a capacity of over 500 MWp. In addition SUNfarming provides technical operation for over 280 MWp in Germany and abroad to third party companies. The group track record is characterised by stable income from these activities and its EPC core business.

For more information, please contact:

Frank Ostermair, Linh Chung
Better Orange IR & HV AG
+49 (0)89/8896906-25
linh.chung@better-orange.de

or

Marcus Marold
SUNfarming GmbH
+49 (0)3362/8859-188
m.marold@sunfarming.de

11
Apr

SUNfarming completes 3,308 kWp of free-field plants in Turkey

SUNfarming completes 3,308 kWp of free-field plants in Turkey

SUNfarming Eurasia has realized solar parks with a total capacity of 3,308 kWp in the Niğde-Gölçük and Osmaniye-Yaveriye provinces.
5.5 million kilowatt hours of electricity are produced per year, which ranges for example electricity for 1,800 2-person households for one year. The CO2 savings is 4,000 tons annually.
The potential for solar energy in Turkey is huge. The country has up to 2,737 hours of sunshine a year, or 7.5 hours a day. This is the highest solar potential in Europe. The Turkish government wants to increase the share of solar energy to 5 gigawatts by 2023 and cover 30 percent of the total energy demand from renewable sources. This move is intended to make the country less dependent on expensive energy imports, which account for about half of the Turkish trade deficit. At the same time, however, the country is also heavily relying on coal and natural gas for power generation.
The two new SUNfarming solar parks in the Niğde-Gölçük and Osmaniye-Yaveriye regions, with solar radiation of around 1,600 kWh / kWp to 1,660 kWh / kWp, offer the best solar yield for the production of renewable energy, thus contributing to global climate protection.

“SUNfarming combines global expertise with local know-how. Our international commitment to meeting the world’s electricity needs is environmentally and socially acceptable, clean and sustainable, and secures the future of our children. We have been making an international commitment to this for years,” explains Sahin Balkan, CEO SUNfarming Eurasia.

20
Feb

First energy cluster in Poland with participation of SUNfarming

First energy cluster in Poland with participation of SUNfarming

SUNfarming GmbH has initiated an energy cluster in Poland, which was founded in early 2018.

The mayor of Slublice, Tomasz Ciszewicz, has signed the first contracts for the establishment of so-called energy clusters for the municipalities of Slublice. With the founding of the cluster, PV plants and biogas plants with a total output of 15 megawatts can be planned for the region’s own supply in the five partner municipalities. The energy cluster coordination will be carried out by the joint venture partner of SUNfarming, LEMA Finance sp.z.o.o.

About energy cluster

The simultaneous production of solar energy and biogas energy creates regional energy islands that are independent of the grid and at the same time can feed energy surpluses into the upstream grid.
Another advantage of starting a cluster is the co-ordination of electricity generation, distribution and trade, supply and demand for electricity and gas.

“Our plan is for our residents to benefit from renewable energy thanks to the cluster, which reduces CO2 as well as other types of pollution such as dust, dioxide, sulfur, oxidants, pollution directly and indirectly affecting our health,” says Tomasz Ciszewicz, mayor of Słubice.

“We are pleased to have been able to win the Slubice Municipality for the Energy Cluster with us and our partners, especially as our Polish representative office with SUNfarming Polska sp.z.o.o. Also located in Slubice, just 80km or 1 hour from the headquarter near Berlin, “says Martin Tauschke, Managing Director of SUNfarming GmbH and SUNfarming Polska sp.z.o.o. firmly. “We are already planning other energy clusters, which are particularly supported by the policy in Warsaw,” continues Martin Tauschke.

7
Feb

Two more photovoltaic power plants for climate protection

Two more photovoltaic power plants for climate protection

More than 11 million kilowatt hours of electricity are produced by the two solar parks with a total capacity of 6.64 megawatts a year. The Co2 savings are around 8,300 tonnes annually.
3,358 kWp were completed in the Aegean province of Denizli and 3,279 kWp in the Anatolian province of Kayseri. The major projects were implemented by SUNfarming Eurasia. Commissioning took place in December 2017.
Denizli has about 1 million inhabitants. The province is located about 200 km from the Turkish Aegean coast and is known for its healing waters and thermal baths. The economy of the region consists mainly of the textile industry and winegrowing. The project was developed by the SUNfarming Eurasia team, the property with 69.100m2 is the property of SUNfarming Eurasia.
Kayseri is located about 280 km south-east of the capital Ankara and has about 1.2 million inhabitants.
Develi, a suburb of Kayseri, has about 60,000 inhabitants and lies behind the Erciyes Mountains. The land was leased to 30 years, with a 10-year extension option.
With solar radiation of around 1,600 kWh / kWp in Kayseri and 1,660 kWh / kWp in Denizli, both regions offer the best solar yield for the production of renewable energy and make a global contribution to climate protection.

21
Dec

443.000 kg CO2-savings per year

443.000 kg CO2-savings per year

Another SUNfarming solar park was successfully completed in November in Roggentin in Mecklenburg Vorpommern. With a total output of 750 kWp, it supplies clean, green electricity for more than 240 households. The CO2 savings of the solar park in Roggentin amount to considerable 443.305 kg / year.

Asked: How much CO2 does a car produce?
Again and again there is talk of the climate killer CO2. The invisible gas is partly responsible for the warming of the climate and transforms our planet into a greenhouse. But although much is discussed, many of us have no feeling for it. How much carbon dioxide – or CO2 for short – does your car produce?
A concrete example: You drive a mid-range car, consumption: 8l / 100km; the tank volume is 55 liters. Since gasoline is lighter than water, this results in about 40 kilograms of gasoline per refueling process. This gas is burned in the engine. In the process, the carbon in the gasoline combines with the oxygen from the air, resulting in CO2.
One kilo of gasoline, which consists essentially of carbon, thus leads to over 3 kilograms of CO2 in the combustion! Thus, there is much more carbon dioxide than the gas weighs. With every tankful of fuel, our car produces about 150 kilos of CO2 (exactly: 144.6 kg) and after just under 9 x full tanks we have produced as much CO2 while driving as our car weighs! With an annual mileage of 12,000 kilometers per year, we blow up twice the weight of our car on average in the air! Even more with super-powered sports cars. Each year.
The CO2 savings of the solar park in Roggentin amount to 443,305 kg / year, as many as 165 cars emit in the example per year.

20
Nov

SUNfarming solar energy for 1600 households

SUNfarming solar energy for 1600 households

The SUNfarming photovoltaic plants on the former landfill Seelow and Hennickendorf in the district Märkisch Oderland in Germany were officially handed over on 03.11.2017. District administrator Gernot Schmidt and EMO works director Angela Friesse were attending the handing over. The power generated can supply more than 1,600 households with electricity.
Karsten Balzer, authorized signatory of SUNfarming, described the facilities as win-win projects. “Both, SUNfarming and the district Märkisch Oderland, benefit from it. SUNfarming takes over the long-term care and security of the refurbished landfills with the leases that are limited to 27 years, “explained Balzer. The 150,000 m2 landfill site in Hennickendorf, or 39,191 m2 in Seelow, were fenced in for protection. During the construction of the facilities, the properly covered landfill body was not to be damaged. In Seelow a special concrete base was created for this purpose. Both systems are equipped with a remote monitoring system. Faults or damage are reported immediately. Thanks to the support of the district, the construction of the freefield plants was possible, emphasized Balzer.
For the district, the plants have meaning in many ways, said district administrator Gernot Schmidt. “They correspond to the energy concept of the district, where renewable energies are very important,” he said. Even today, these energies in the district would generate 130 percent of the electricity needed in households. On the other hand, it would eliminate the care and maintenance costs for the EMO as owner. “And the leasing income benefits the citizen,” says Schmidt. For the three landfills covered with SUNfarming solar modules in Wriezen, Hennickendorf and Seelow, these are around 20,000 euros per year, added EMO works director Angela Friesse. The money flows into the fee calculation.
Numbers and facts:
■ Landfill Hennickendorf: 7200 modules, total capacity of 1500 kW. Performance: The plant generates electricity for about 600 households.
■ Landfill Seelow 11 808 modules, total capacity 2460 kW. Performance: The plant in Seelow generates electricity for approx. 1000 households.