Premier Power breaks ground on 1MW project in Italy

23 November 2009

Solar energy developer Premier Power Renewable Energy has broken ground on an additional 1MW solar project in Italy.

The project is located in the Puglia region of southern Italy and is part of the series of solar projects, valued in excess of $100m, which are being developed as a result of Premier Power’s acquisition of Arco Energy in July 2009. Arco Energy is an Italian solar project developer, EPC and distributor.

The company said that it expects the fixed ground mount solar installation to be completed by January 2010. The project will utilize crystalline modules provided by Canadian Solar and inverters from PowerOne.

Gestore dei Servizi Elettrici (GSE), the state-run Italian power management agency, expects total installed photovoltaic (PV) power in Italy will reach 900MW by the end of 2009, representing 100 per cent growth compared to 2008 and a potential market size of over €4bn. GSE expects the Italian market to grow to 1500MW in 2010. The attractive feed-in tariff in Italy could set the stage for Italy to become the second largest PV market in the world, behind Germany.

‘Our local expertise, through the acquisition of Arco Energy, and our experience and best practices in both utility scale and rooftop installations, establish a platform that opens up both immediate opportunities in the development and construction of large scale projects in the Italian market and the longer term opportunity of Italian rooftop and BIPV activities, both of which are rapidly expanding in the region,’ said Miguel de Anquin, COO, Premier Power.

Premier Power provides large and small-scale solar power systems, to commercial, governmental and residential customers throughout North America and Europe. The company designs, engineers and integrates solar products, and is headquartered in El Dorado Hills, California.

Copyright © 2009 NewNet

This story was published on Monday, November 23rd, 2009 at 1:15 pm and is filed under Europe, North America, companies, solar. You can follow any responses to article entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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