Czech ČEZ to Acquire Minority Stake in German Solar Solution Provider Zolat
Date: September 12th 2019
Author: Peter Palčec
The Czech power utility ČEZ has decided to acquire a minority stake in Zolar, a German startup provider of digital solutions for rooftop photovoltaic (PV) panels, together with the company BayWa Energy Ventures, reported Pv-magazine.com. Thus, ČEZ and BayWa Energy Ventures will invest EUR 10 million in Zolar.
ČEZ currently owns and operates around 120 MW of solar power plant capacities in the Czech Republic and a 5 MW solar park in Bulgaria, concluded Pv-magazine.com.
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