Acquisition of PV Power

05. 06. 2018

On 5 June the 100% acquisition of PV Power by the Solek Group was signed. In doing so the Group has joined forces with its long-time partner, with whom it has been working closely since 2010. Through this merger the Solek Group will gain a stronger position throughout a whole chain of services – from finance, through development, engineering, construction, to operation and maintenance.

PV Power has carried out the majority of the Solek Group’s projects. In Chile they are working together on major projects, both in terms of Czech foreign investments and also from the perspective of the South American renewable energy market. Together they are preparing photovoltaic sources with a total capacity of around 200 MW.

So, the merger is not only an economically and technologically logical outcome of our many years of cooperation but is also a strategic step in the long term. The merger of the companies should mean that they are even better prepared for the period of rapid investment growth in renewable energy sources.