The new company will initially deploy and operate solar panels in its logistic parks

Coperfil Real Estate Group, specialists in property development and investment in logistics, retail and business parks, has created CORE ENERGY (Coperfil Real Estate Energy), a new investment company in renewable energies which will start its activity by placing architecturally integrated solar panels on the group’s building’s roofs. The company is also working on the possibility of long-term wind generators placing.

According to Oriol Gual, Director of Property at Coperfil Real Estate Group, "CORE ENERGY is not only a vehicle for an attractive new type of profitable investment for shareholders, financial institutions, government and society; it also represents an added value significant increase in our company’s real estate investments”.

On a first stage, CORE ENERGY will bring additional incomes to real estate investments by renting the building’s roofs where it will place the photovoltaic plates. The energy generated by these photovoltaic plates will be geared to the electrical network.

With the creation of CORE ENERGY, Coperfil Real Estate Group will obtain similar profitability from the real-estate investment and, at the same time, the company will show its implication on the environmental preservation. The company also lines up with the premises of the new Royal Decree, which stimulates the installation of solar panels on roofs and near to consumption areas.

Coperfil Real Estate Group buildings morphology won’t be modified by the solar panel facilities. This will allow CORE ENERGY to invest in solar panels for new buildings and also for those that are already in use.

Logistic Park Logispark in Sallent (Barcelona) has already 17.000 m² of installed solar panels, which will be in use at the end of August and will be able to provide 400Kwp of power. An estimated investment of 12 million Euros is expected by the end of 2009, in order to increase Coperfil Real Estate Group’s parks’ power up to 3MWp.

In addition to the implantation and facility of the photovoltaic plants, the company is also considering the possibility of placing wind farms inside its logistic parks.


Solar panels produced with power saving

The solar panels used by Coperfil Real Estate Group are made with a thin layer of amorphous silicon, as it is considered as the better adapting to warehouses’ roofs’ prouct, so no modifications are needed. In addition, this product strongly reduces the energetic expense during its manufacturing process. Therefore, these modules have a very short time of amortization of the energy with this system. In other words, these modules need less months to generate as much energy as the consumed while their manufacturing process.

This technology based on the thin layer of amorphous silicon allows Coperfil Real Estate Group to reduce by half EPT (Energy Payback Steals), or energy amortization time, in comparison to the usual crystalline technologies. Those elder technologies required much more energetically expensive manufacturing processes.

The modules used by the company provide a practically constant productivity and are lesser dependent on temperature and orientation than those commonly used. Besides, their maintenance is simpler, which make them suitable for long-term investments.


Coperfil Real Estate

Coperfil Real Estate Group is a model investor and lawyer in the logistics, commercial and business sector thanks to the quality of its projects, exclusive real estate concepts and know-how acquired. With offices in all main cities of the Iberian Peninsula, Coperfil Real Estate Group has been recognised by the market as the leading logistics promoter in Spain, as well as one of the most active players in the emerging market of retail parks.

source : Coperfil Real Estate