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Solarig and HSBC Environmental Infrastructure Fund (HEIF) sign agreement for mediterranean PV projects

The two organisations have sealed a deal for the joint development and construction of more than 50 MW of photovoltaic projects in Spain and Italy. A total investment of more than € 200 million is expected.

Solarig will act as general contractor for the projects, being responsible for the construction including design, engineering and works management until the final connection to the grid. Solarig will also operate and maintain the plants once built, adding to the existing 22 MW of PV assets it has already developed and now operates.

According to HEIF and Solarig, there are substantial political, economical and environmental drivers creating lucrative investment opportunities in the development of solar PV projects across these specific regions.

The technologies chosen will be fixed structure systems with mono or polycrystalline modules, and 500 kW inverters.

 

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Photovoltaics (PV)  •  Policy, investment and markets  •  Solar electricity

 

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