Project of solar power plant for 3 MW an area of 4.2 hectares in North Macedonia.
3 MW fully completed project, already in operation, profitable with a possible production of 1600 kw per hour, with an power purchase agreement in effect with agreed selling price at 188 Euros per MWh.
Half of the investment has been paid and the other half is on credit line that shall continue to be paid in accordance to the credit line payment plan by takeover of the credit line by the buyer.
The total price is 5,300,000 Euros for complete project takeover, which means the loan is about 2 million and about 3 million payments to the account owner. This year's earnings were 954,000 Euros.
All project takeover with included all panels, it costs 5,300,000 Euros as final price.
FAQs:
1. Duration of the PPA; Is the price fixed or linked to something?
The duration of the redemption is until 31.03.2024 the price is fixed.
2. Technical data and features about panels such as Wp/m2, which panel product and
manufacture origin?
Panels for the first megawatt built on PLOT XXXX, manufactured by Pixel Group, power 400W, for the second megawatt built on PLOT XXXX, panels are from Astro Energy that is Chint production.
The power is 450 W. For the third megawatt, the panels are Just Solar from China with a power of 450 W.
3. The PPA was concluded with a private company or a government body and for what period?
The agreement is with the Government company ESM from Macedonia at a price of 188 Euros.
4. Is the land leased or owned by the project company?
Owned by a private company, the company is clean and the land is clean.
5. Does the equipment have a guarantee and for which period of time, or does it have a bank guarantee or reinsurance?
The equipment has a 12-year warranty on panels and 5 years on investors. There is no bank guarantee or reinsurance.
6. What is the interest rate from the bank credit loan regarding project investment?
The loan was taken out with 3% interest rate + 6 monthly EURIBOR rate.
7. When the power plant started with operation?
The company is already producing with 2 megawatts. Production started on February 3, 2022. The third megawatt is currently being installed, but due to the weather and low temperatures, the work is being carried out with a slight delay of about 10 days.
8. What was the profit on 2MW
3 MW fully completed project, already in operation, profitable with a possible production of 1600 kw per hour, with an power purchase agreement in effect with agreed selling price at 188 Euros per MWh. Half of the investment has been paid and the other half is on credit line that shall continue to be paid in accordance to the credit line payment plan by takeover of the credit line by the buyer. The total price is 5,300,000 Euros for complete project takeover, which means the loan is about 2 million and about 3 million payments to the account owner. This year's earnings were 954,000 Euros. All project takeover with included all panels, it costs 5,300,000 Euros as final price.
This year's earnings amounted to 954,000 euros with 2MW, since one of the 3MW was not in operation, now the third MW has been put into production.
