FUTURASUN SECURES FINANCE FOR 3 MW PV-PROJECTS IN GERMANY

The first portion of a planned pipeline of over 30 MW in Central Germany


FuturaSun obtained, through its investee Greenrock Verwaltungs GmbH, funding from the German Bank, GLS, for the construction of 3 MW of PV-projects in central Germany. The 3 MW is only the first part of an important planned pipeline which will exceed 30 MW when completed. With this new important project, created as part of the governmental program of EEG incentives for solar energy development, the Italian company FuturaSun strengthens its presence on the German market.

The first 3 MW are broken down into 8 large separate projects, the smallest is 161 kW, and the largest is 748 kW. On the 8 rooftops, a total of 10.975 FuturaSun FU280P 280 Wp modules will be installed and the systems will be completed by the first quarter of 2019.

These are photovoltaic roofs on buildings that all have in common the removal of previous asbestos cement roofs and the complete renewal of the roofs. In fact, it is a project with double environmental value: elimination of an existing negative impact and an investment in renewable energy.

Because of the high environmental profile it guarantees, the contract was funded by GLS Bank, which has been financing FuturaSun projects for more than two years. GLS is the first German ethical bank, founded in 1974 and careful to select initiatives with specific social and environmental implications exclusively. Also, it is even further confirmation of the bankability of the projects signed by FuturaSun, which is based on precise financial guarantees, but also technical.

In fact, Germany is one of the most severe test benches for product quality. In August 2017, FuturaSun was one of the first in the world to obtain certification of its photovoltaic modules according to the new technical regulations IEC 61215:2016 from the TüV Rheinland, the most renowned German certification body based in Cologne.

FuturaSun was established in 2008 by a team of managers from Italy's photovoltaic hub, in the heart of Veneto. The company is specialised in the manufacture of high-performance photovoltaic panels which have passed the most stringent of tests with flying colours to achieve prestigious certifications issued by laboratories from all over the world. FuturaSun photovoltaic panels generate clean energy in over 40 countries of the world.
The company's headquarters are located in Padua, in northern Italy. The photovoltaic panel production plants in Europe and Asia generate a total production capacity of 300 MW/year.
The guaranteed quality of products and specialised technical assistance is what makes FuturaSun such a unique company, firmly rooted in the Italian market and strongly oriented towards foreign market.

FuturaSun srl
Riva del Pasubio, 14
35011 Cittadella (PD)
Italy
Press contact: Ricarda Gutsch
press@futurasun.it

This release was published on openPR.