RECOM Teams up with WEDIS Group for 10MW Project in Germany
RECOM is delighted to announce the construction of a 10MW photovoltaic plant in Fuerstenwalde, Germany as the company continues its positive growth and expansion of services.Already the second largest EU manufacturer of PV modules, RECOM has partnered with investment group WEDIS Group AG and is providing bridge financing for the construction of the entire project, which began this month.
Over 35,000 of RECOM’s Black Panther 285 mono high efficiency panels will be installed and are expected to produce approximately 10,000 MWh/year of energy from the first year of operation.The project highlights RECOM’s expanding portfolio of services, which as of 2016 includes financing solutions in order to support solar projects worldwide.“We’re delighted to be working with WEDIS Group on a project which further underlines our status as a total solar solutions provider, and our company’s unwavering commitment to the global solar movement,” said RECOM CEO Hamlet Tunyan.
“We admire and share in WEDIS’ mission to contribute effectively and significantly to a sustainable society.”York Schulze, CEO, of WEDIS Group AG, added: “We’re very happy about our cooperation as we believe it’s a very good match; we are collaborating with RECOM as they perfectly fit our requirements as a strong reliable partner for this project, and in future ventures.”
From favorable payment terms to bridge financing for the construction of complete projects, as a trusted partner RECOM handles “ready-to-build” solar parks, as well as acts as a “one-stop-shop” for developers, EPC companies and investors in renewables to support the construction cycle of PV parks until connection to the grid.
