Greencells powers up 152 MWp of Dutch solar parks

• Germany's Greencells GmbH has finalised the building and construction of 152 MWp of solar parks in the Netherlands in support of China's Chint Solar.

The solar plant builder as well as operation and maintenance (O&M) service provider stated on Tuesday that the three solar (PV) plants in the portfolio were finished promptly, in spite of the difficult setting produced by the COVID-19 health as well as economic crisis.

Greencells entered the Dutch market in 2018. Its very first order in the country covered the building of a 103-MWp solar park in Midden-Groningen. Until now, the firm has know around 332 MWp of projects there, either independently or in cooperation. "For 2021 alone, we already have actually contractually safeguarded orders for a total ability of more than 70 MWp in the Netherlands," stated CEO Andreas Hoffmann.

Individually, Greencells claimed it is offering a guaranteed 6.5% green bond 2020-2025 that is open for registration until December 7, 2020. It, nevertheless, did not specify its plans regarding using the proceeds.