Phoenix Solar realises rooftop solar energy plant in Slovenia

"This is the second project in Slovenia which Phoenix Solar AG has successfully implemented in 2011. A growing number of Slovenian companies are recognising the potential that solar electricity can offer. They are willing to invest in renewable energies or to have their roofs used for the construction of photovoltaic plants. We are confident that more projects will be realised in Slovenia this year," stated Thomas Sanders, who heads up Phoenix Solar AG’s European rooftop plant operations.

Gorenjske elektrarne is a subsidiary of Elektro Gorenjska, one of Slovenia’s leading energy utilities. The company specialises in the development of power from renewable energies and already has a portfolio comprising a number of solar and hydropower plants. The Merkur Group, which provides high-end technical products and operates several research centres in Slovenia, is the owner of the roof area.

Phoenix Solar AG aims is to continue its good cooperation with Gorenjske elektrarne and the Merkur Group in 2012. Slovenia offers interesting remuneration for the operators of solar plants and systems. It is based on a feed-in tariff model similar to that of Germany and is a lucrative opportunity for investors to commit to the expansion of renewable energies. The feed-in tariff paid for this project is 30.4 euro cents per kilowatt hour, guaranteed for a period of 15 years.

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