Publications

Transactions - AUGUST 8, 2019

Unisun to dispose of 11.75MW solar PV plant in the Netherlands

by Kali Persall

Unisun Energy Group, a global clean energy solution provider, is planning to sell its 11.75-megawatt ground-mounted solar photovoltaic (PV) power plant in Rilland, the Netherlands, to global renewable energy company Alternus Energy.

The financial terms of the deal were not disclosed.

Powered by 40,000 high-quality N-type bifacial double-glass PV modules, the solar power plant is expected to generate 10,865 MWh of electricity per year, enough to power more than 2,500 households and offset 8,000 tons of carbon dioxide emissions annually, according to Unisun.

Unisun developed and arranged long-term project financing for the project, and the facility was successfully connected to the grid in January.

"The project demonstrated Unisun’s capabilities to take a utility-scale solar project through development, financing, and sale, and it further strengthened our position in the solar energy market in Europe,” said Yisha He, chairwoman of Unisun, in a statement.

“We expect Europe to be a strong growth engine for our company in the coming years, as we are partnered with local developers and already have additional projects in the near-term pipeline."

Unison constructed the largest bifacial photovoltaic power plant in Europe. The firm’s global power plant projects have more than 1.4 gigawatts of installed capacity, with PV power projects generating 800 megawatts.

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