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Suntrace receives contract awards from World Bank Group

05-19-2017 12:54 PM CET | Energy & Environment

Press release from: Suntrace GmbH

/ PR Agency: Krampitz Communications

Hamburg, 19.05.2017. The Hamburg based consultancy firm Suntrace has received six contract awards from World Bank Group during the last six Months for the realisation of international feasibility studies, site assessments and resource measurement campaigns. The awards solar and wind projects in Ethiopia, Bangladesh, Libya and Vietnam. The projects will run for a period of between one to two and a half years. Suntrace specialises in large-scale solar projects, and its services ensure secure investment, successful project development and optimised yields as a result of optimised plant design.

In Bangladesh, Suntrace is carrying out a feasibility study for a solar and wind project with an overall capacity of 100 megawatts on behalf of Power Cell (part of the Ministry of Power, Energy and Natural Resources). Suntrace will also support the project until award.

Commissioned by the International Finance Corporation

In Ethiopia, the International Finance Corporation, a part of the World Bank Group that specialises in funding private enterprises, has commissioned Suntrace to provide technical advice for the Scaling Solar Ethiopia project. This includes site analyses for several photovoltaic power plants with an aggregate capacity of up to 500 megawatts and technical advisory during the procurement process until awarding of the projects. In Libya, Suntrace has been mandated to assist the World Bank to develop a roadmap for future energy supply.

Suntrace will also be carrying out solar and wind measurement campaigns as part of three other commissions at a total of nine locations in Ethiopia, Bangladesh and Vietnam.
On all six assignments, Suntrace will be working with both local and international partners.

Irradiation analysis, investment advice and technical concepts from a single provider

Suntrace is not only specialised in providing advice for the technical implementation and financing of solar projects, but also irradiation measurements, site analyses and engineering. For these applications Suntrace has developed the HelioScale solar resource measurement equipment series, which will be supplied for the resource measurement campaigns in Ethiopia, Bangladesh and Vietnam.

“We are delighted that we were able to win the trust of World Bank Group on the basis of our proven experience in developing and advising solar power plants coupled with our competitive proposals”, says Suntrace managing director Boris Westphal, adding: “With our analyses, studies and measurements, we support our clients to develop a sustainable energy supply”.

Suntrace at the Intersolar Europe 2017

At the joint stand for young, innovative enterprises at Intersolar Europe, the leading international solar industry trade fair, Suntrace will be showing not only its HelioScale measuring station, but also a visualisation solution for complex technical projects. The application makes it possible to clearly represent even the most complex projects and technologies in detail, in a 3D-environment that can be explored interactively using virtual reality glasses. Visitors will find Suntrace at Stand 440A in Hall B2 of the exhibition in Munich from 31 May to 2 June.

Suntrace GmbH was founded in Hamburg in 2009. The independent consultancy has specialised in assisting large-scale solar projects in the development and realisation phase in emerging and developing countries. Thanks to its expertise in its business segments Solar Resource, Technology & Engineering and Solar Investment, Suntrace is able to provide energy suppliers, research organisations, development banks, investors, project developers and governments with competent support for the development and construction of their power plants. With branches and cooperation partners in Spain, India, Africa and Latin America, the team covers the whole project life cycle, from the early project development phase through to commissioning of the plant. Since its foundation, Suntrace has supported power stations in 30 countries, with a total aggregate capacity of more than four gigawatts.

Suntrace GmbH
Grosse Elbstrasse 145c
22767 Hamburg
Phone: +49-40-767 96 38 0
Fax: +49-40-767 96 38 20

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