Wircon sets out UK plan
Germany’s Wircon Wind & Solar, set up last December to take over some of the assets of insolvent solar company Wirsol Group, has formed a new company to build and develop ground-mounted solar PV and rooftop projects in the UK.
“We are currently acquiring and developing large-scale solar assets which we will build and operate,” says Mark Hogan, managing director of the newly-founded Wirsol Energy.
“This will be complemented with further investment within the commercial rooftop sector and in projects that can be deployed under feed-in tariff and renewables obligation accreditation,” he adds.
The company today announced a joint venture with SPI Solar, a Germany-based developer owned by Chinese PV group LDK Solar, with a view to developing an initial 55MW in the UK.
Hogan says the new company has several strategic partnerships, a strong shareholder commitment and ambition to develop a successful energy driven enterprise in the UK.
Wircon was founded by entrepreneur Dietmar Hopp, one of the founders of German software company SAP. The management comprises chief executive Markus Wirth, who was previously on the executive board of Wirsol, and Peter Vest who has extensive retail energy experience.
Wirsol’s brand will continue and be repositioned in the market.
The newly formed group will build, develop and service renewables projects in Germany, the UK and other selected international markets.
Five subsidiaries of the Wirsol Group filed for insolvency between October 2013 and January 2014.
Germany-based solar firm Conergy acquired the UK operation of the struggling group – including a 100MW plant portfolio – in late-January.