GP JOULE sells solar park in Saxony-Anhalt at Capital Stage

One of the solar parks with an output of 8 MWp, that GP JOULE developed, financed and built as a general contractor has already been connected to the grid in 2012. The second project with 6 MWp was built by GP JOULE as one of the last solar parks in Germany under the old EEG 2014. "With this transaction, we continue the successful joint business with Capital Stage," says Ove Petersen. Already at the end of 2014 and the beginning of this year Capital Stage had acquired two solar park portfolios of GP JOULE.

"The sale underlines our know-how in planning, financing and construction of renewable power plant projects. However, the challenge to build more solar parks in Germany will increase due to the rising difficult political conditions," Petersen continued. “Even the a few days ago presented Key Issues Paper of the Federal Ministry of Economics on the planned tender design for renewable energy does not provide real improvements here. The proposed tender volumes for ground-mounted PV systems shall remain extremely low, and areas where reasonable and system-conducive PV power could be generated, may not be considered. This raises prices for  electricity from solar energy unnecessarily – to the detriment of consumers. Here Germany has more than ever excellent potential to generate good value electricity from the sun and use it in terms of a successful and market-based energy transition for all. Hope remains that the policy recognizes this and adapts the corresponding tender design in time, "says Ove Petersen and appeals to those responsible in Berlin.

Press contact:
Timo Bovi
Director Governmental Relations and Public Affairs
Tel.: +49 (0) 4671-6074235
Mobile: +49 (0) 177 8830622
E-mail: t.bovi(at)

The company:
GP JOULE is a universal, innovative and authentic partner for all areas of renewable energies. Under the motto "TRUST YOUR ENERGY", the company has developed, planned and realised projects for the future-oriented use of sun, wind, biomass and energy storage since 2009. Based on a sense of respect and responsibility for mankind and the environment, GP Joule develops intelligent energy concepts and integrated solutions, thereby ensuring that the power turnaround becomes a genuine energy turnaround. The guiding principles of company founders and agricultural engineers Ove Petersen and Heinrich Gärtner include authenticity, trust, fair play, innovation and quality as well as the aim to contribute to 100% of energy consumption being drawn from renewable sources in the future. GP JOULE is thus able to offer investors a highly promising and profitable investment option.
GP JOULE operates four sites in northern and southern Germany as well as two international sites in the USA and Canada.