SunEdison has also announced a €47 million financing deal with Norddeutsche Landesbank Girozentale in Germany to finance the Apulia solar PV plants.
“The announcement of these projects, which follows another major project announced recently by SunEdison in Italy – demonstrates our deep expertise as developers of a wide range of solar energy plants, from rooftop retail facilities to large, ground-mount utility-scale operations,” says Carlos Domenech, President, SunEdison.
“Given our financing strength and project skills, SunEdison plans to continue to expand rapidly in Italy and in our other targeted growth areas in the United States, Canada and other European countries.”
Seven of the Apulia solar PV plants are already fully operational and were grid connected and sold in the first quarter of 2010.
The other five solar PV plants are under construction and expected to be completed and operational by the third quarter.
“Our goal is to continue to increase our presence and our solar electric power interconnections in Italy over the course of the year,” adds Pancho Perez, General Manager of Europe and MENA Region for SunEdison.
“We have very strong project financing and development capabilities and are continuing to expand our relationships with solar channel partners throughout Italy”