Press release from Dec 13, 2019

BELECTRIC expands 20 MW U.S. O&M with sPower and Madison Energy Partnership


  • BELECTRIC expands O&M service contracts in Indiana, New Jersey, Massachusetts, Maryland and California

  • Around 1.7 GW globally under BELECTRIC Operations & Maintenance management



Kolitzheim (Germany), San Mateo (California, USA) – BELECTRIC expands its Operations & Maintenance (O&M) business in the US: The company has been awarded as the long-term service provider for a combination of preventive and corrective maintenance of solar plants with a total capacity of more than 20 MWp. As of October 2019, BELECTRIC has entered into a ten years O&M partnership with sPower for a 14.4 MW portfolio. The in total 15 projects are located in Indiana, New Jersey, and Massachusetts. In addition, BELECTRIC was awarded by Madison Energy to operate and maintain two of their PV plants (together 5.8 MW) in Maryland and California.

“We are pleased that these long-term contracts are enabling us to expand O&M services within our core markets”, explains Matthew Lusk, BELECTRIC’s Director of Business Development and Operations in the US. “Including these plants, we are operating and maintaining a solar portfolio with an installed capacity of approx. 160 MWp in the US.”

Globally BELECTRIC’s O&M teams are managing around 1.7 Gigawatt. This outstanding reputation in delivering quality service played a key role in their successful bid for this O&M contracts, which include semi-annual preventive and corrective maintenance.

BELECTRIC is one of the largest Operations & Maintenance providers worldwide
BELECTRIC’s core business is the design and construction of solar powered energy facilities and large-scale battery storage systems for the international power utility market and independent power plant operators. In operating these facilities, the company targets lowest cost of energy at best possible ecological balance. As a natural extension of this business, BELECTRIC focusses on reducing operating costs to its full range of Solar Maintenance, Repair and Operation services.

About Madison Energy Investments:
Madison Energy Investments is a platform that develops, owns and operates distributed generation projects within the commercial and industrial (C&I) and small utility-scale sectors. Madison Energy brings a variety of expertise in business development, finance, construction, and operations. The team’s combined industry experience of over 50 years has produced best practices in project development, construction, financing and a comfort level with a variety of technologies, engineering solutions, financing structures, state markets and incentives, utility programs, tariff structures, and asset management. Most importantly, the experience has allowed the team to develop first class relationships with experienced, local partners in dozens of markets throughout the United States.

About sPower:
Headquartered in Salt Lake City, sPower is a leading independent power producer (IPP) that owns and operates more than 155 renewable generation systems across the U.S. sPower has a leading wind, solar and storage portfolio of more than 1.6 GW, with 15.0 GW of projects under development and is owned by a joint venture partnership between The AES Corporation (NYSE: AES), a worldwide energy company headquartered in Arlington, Virginia, and the Alberta Investment Management Corporation, one of Canada’s largest and most diversified institutional investment fund managers. sPower provides renewable energy for a sustainable future.
For more information, visit www.spower.com or follow on Twitter @sPower_US




About BELECTRIC: BELECTRIC Solar & Battery GmbH is one of the leading worldwide players in the development and construction of utility scale solar power plants and energy storage systems. The company was established in 2001 and has been expanded to an international group with activities on all continents since then. BELECTRIC has constructed more than 400 solar PV power plants with around 2.3 GWp PV capacity. In addition, the company realizes battery energy storage systems and hybrid power solutions, which combines different technologies to autarkic systems. As one of the largest O&M providers globally, BELECTRIC’s full-integrated services ensure continuous operation. State-of-the-art solar power plant technology and energy storage technology support the grid infrastructure and contribute to cost reductions in the energy sector. With numerous patents and innovations, BELECTRIC has proven its technological leadership in the industry. Further information can be found at www.belectric.com