Solarcentury taps Rabobank for dual Dutch solar bargain

• Solarcentury as well as Dutch banking company Rabobank have gotten to monetary close on a EUR20 million (US$ 22.4 million) deal to sustain the growth of 2 utility-scale solar ranches in the Netherlands.

Both farms lie near Apeldoorn in main Netherlands, Apeldoorn Ijsseldijk and Apeldoorn Beemte-Broekland, which have actually a combined ability of 33.8 MW.

Construction on the jobs is because of start imminently as well as complete prior to completion of the year, as well as Solarcentury has actually likewise confirmed it plans to turn out a crowdfunding process for the tasks in the coming months, wherein participants of the Apeldoorn area will be invited to sustain the tasks monetarily.

The signing of elderly debt for the job double begins the rear of "substantial progression" Solarcentury has made on a 110MWp job in Groningen, president Frans van den Heuvel said, with the Netherlands securely in Solarcentury's crosshairs as a market of chance.

"This energy is testimony to the effort of the team in the Benelux to broaden the Dutch task profile," he included.

Last month Solarcentury reported document earnings as it wants to go after a 6GW-strong international pipeline of utility-scale solar tasks.