Enertronica secures 200 MW inverter order from Spain, obtains financing for project in Namibia

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Italian solar project developer and inverter manufacturer, Enertronica Spa has secured two inverter contracts worth 200 MW, from an unidentified client in Spain.

The company said the order, which will be executed by its unit specializing in inverter manufacturing, Elettronica Santerno, also includes the supply of Scada systems and the power plant controller. The aggregate value of the contracts is around €10 million, Enertronica stated, without providing more details.

Namibia plans

In a separate press release, the Italian developer also announced it has secured €6.4 million in funds for a solar project it is building under the BOT model (Build, Operate and Transfer) in Namibia.

The Trekkopie project is being developed by the company’s special purpose vehicle Unisun Energy, and is part of a package of two 6 MW projects it sold to an unspecified major corporation listed on New York Stock Exchange in July of last year.

Under the signed agreement, Enertronica Group will retain both EPC (Engineering, Procurement and Construction) and subsequent Operation & Maintenance of the assets. The two Namibian assets were sold for about €2 million, plus an additional €14 million coming from EPC contracts.

In related Namibia news,  another 6.5 MW (DC) PV project has reached financial close. German developer, SunEQ GmbH and its shareholder, Namibia Infrastructure Finance Limited (NIFCO) have secured an undisclosed sum from local Namibian players for the project.

The plant, which will be built with approximately 20,000 crystalline silicon modules mounted on a tracking system, is planned to come online by the end of this month.

NIFCO owns 60% of the project, whiletheNamibian Empowerment Partner Hungileni Investment has a 30% stake. The final 10% is owned by SunEQ. Gildemeister Energy Solutions GmbH, a unit of German equipment provider DMG MORI, meanwhile, is providing EPC services for the plant’s construction.

Namibia has several small PV projects like these under construction, which are seen as a solution to distributing electricity to the country’s widely spread population. Currently, Namibia has two PV projects in operation, the 5 MW Otjozondjupa Park and the 4.5 MW Omburu Park.

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