Martifer Solar supplies two new turnkey projects in Lombardy and Piedmont region with more than of 3 MW

Martifer Solar, a subsidiary of Martifer SGPS, SA, has started the construction of two new PV plants in Northern Italy, with approximately 3.1 MW.

The first plant, in the province of Cremona, will have a peak power of 1 MW and will produce enough energy to supply about 300 four-member families.

This new project, installed on fixed structures, will avoid the emission of 636 tons of CO2 per year to the atmosphere. With an area of about 25,000 sqm, this plant is the result of the investment of a local farm in the differentiation of its own business into renewable energies, attesting the increasing interest of the agricultural sector in solar energy.

The second turnkey project, built in Alessandria on fixed structures and with a pick power of 2.08 MW, will produce enough energy to supply about 600 families composed by four members and will avoid the annual emission of 1,256 tons of CO2 to the atmosphere. The plant, which will be installed in a total area of about 40,000 sqm, is the result of a second agreement with Sunflower Italia Srl, a subsidiary of the Israeli investment company Sunflower, with which Martifer Solar already concluded the building of another PV plant of similar peak power in the same province.

"We are pleased to have started a replica of our previous project in Alessandria with Sunflower and to add another project to our track record in the North of Italy - Cremona - raising it to more than 8 MW currently in progress. In particular, Cremona project allowed us to add the agricultural category to our clients’ portfolio which was only composed by financial and industrial clients so far.” Pedro Pereira, Managing Director of Martifer Solar Italy, stated.

The construction of both plants started in October and is expected to be finished by the end of 2010. These two new PV plants strengthen the presence of Martifer Solar in Northern Italy, where the company has recently finished a 3 MW plant in Lombardy and another plant of 2.1 MW in the Piedmont region.

Martifer Solar is going to install, in 2010, more than 24 MW of PV plants, both in the Northern and Southern Italy. The EPC contracts in progress all over Italy and on behalf of different clients have a value of more than 75 million Euros.


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