SunPower (SPWRA) And Solar Ventures Announce 11.1 MW Italian Contract

SunPower and Solar Ventures just announced that they have signed a new contract to partner on the design and construction of 3 new solar power plants to be located in Italy’s Piedmont region. The plants will have a combined capacity of 11.1 MW.  The project is expected to be finished by the end of the year.

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In a press release, Mario Riello, EMEA Sales Director for SunPower Utility and Power Plants division, commented on the news:

“We are delighted to partner with Solar Ventures to deliver reliable, emission-free solar power to the community and continue the rapid expansion of the Italian solar market. This project reinforces SunPower’s impressive track record in Italy where both development partners and financing institutions praise our bankability, high performance technology, and project execution.”