German-headquartered solar developer Enerparc has sold 193MW worth of its Australian solar PV assets to Ingka Group, the owner of furniture retailer IKEA.
IKEA owner Ingka Group has invested €340 million (US$370.84 million) in 440MW of solar PV projects in Germany and Spain, to be built by developer Enerparc.
The ‘Retrofit AR’ coating, an offspring of DSM’s industry-leading anti-reflective (AR) coatings, gives older, uncoated solar modules an instant energy boost of up to 3%, according to lab and field tests. For power plants built before 2012, it is an especially attractive way to increase yield while keeping feed-in tariffs high and boosting internal rate of return (IRR), compared to panel replacement programs.