German solar developer Wirsol is coming to North America, through a deal announced last week under which the company will jointly develop 200 MW of solar projects in the United States and Canada in collaboration with HEP Capital.
The two companies report that they have acquired a portfolio of 200 MW of solar projects in the United States and Canada, which they plan to develop. HEP is currently in the process of securing contracts for the electricity produced as well as grid interconnection.
The companies state that their participation in these projects will last until they are ready for construction.
Wircon has established companies with local partners in the UK and Australia, and for its activities in the United States and Canada it plans to cooperate with HEP group, which it says has “proven and established structures”.
For Wircon, this builds on its success in other PV markets. The company has already built the largest PV plant in Denmark at 60 MW, and the largest in the Netherlands at 30 MW, as well as currently building a 200 MW project in Australia, which will be the largest in the nation. Overall, the company has built more than 1 GW globally.
However, with European PV markets sluggish, North America is presenting an attractive alternative.