IBC Solar offloads 120MW Polish PV pair

• Afcon Renewable Energy will complete the advancement of the projects approximately the RTB stage

IBC Solar has sold 2 solar projects totalling 120MW in Poland to Israel-based Afcon Renewable Energy.

The projects are in sophisticated development in the western area of Poland.

Afcon Renewable Energy will finish the advancement of the projects up to the stage of preparedness to construct (RTB) via growth agreements authorized with neighborhood entrepreneurs.

" The finalizing of the contract is the kick-off of our joint project activities with Afcon, which might be included other nations as well," stated Patrik Danz, Chief Sales Officer of IBC Solar.

" The sale to Afcon is just a part of our project growth in Poland, which comprises more than 600 MW as well as is being constantly expanded."

" As a full-service provider IBC Solar is a seasoned partner for renewable energy projects from the growth and also turn-key realisation, as much as the operation as well as maintenance," included Wojciech Prokopowicz, Managing Director IBC Solar Polska.

Israel Raif, Chairman of Afcon, added: "We are very pleased concerning our collaboration with IBC Solar.

" These 2 projects are a contribution to our portfolio of projects as a whole and also in Poland specifically.

" Afcon is continuing to buy unique large-scale solar projects as well as this procurement will place us as a considerable player in the renewable energy market in Europe."