German renewable energy asset operator Capital Stage has acquired 47.6 MW of solar power projects from Sunstroom Engineering B.V. in the Netherlands. This comprises two projects – one in Melissant (10 MW) and the other in Ooltgensplaat (37.6 MW) in South Holland. Reportedly, the total investment volume is Euro 44.5 million. According to Capital Stage, the solar projects will receive a tariff of Euro 0.0107 per kWh for 15 years. The projects are expected to be connected to the grid in October 2018.
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