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Silfab and Espe found solar PV JV

Silfab Spa and Espe Srl have founded Espe Sunparc Srl to specialise in the development and installation of high-efficient solar photovoltaic (PV) plants in Italy and elsewhere.

By Renewable Energy Focus staff

The joint venture (JV) company is already a qualified international EPC and is predicting the development of about 70 MW of solar PV in 2011 – 30% of these outside Italy. The overall turnover is estimated to over €100 million.

Espe Sunparc has already initiated negotiations around supplies with major international solar PV modules manufacturers and other components providers.

In Italy, the company is investing about €20m in solar PV farms to be created in Sardinia, Apulia and Molise. Internationally, Espe has acquired the necessary authorisations for the production of 15 MW in Romania.

Other solar PV projects are already in their implementation stage in Ontario, Canada, while several others are expected to launch shortly in several other countries.

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Photovoltaics (PV)  •  Policy, investment and markets