Sunpower (SPWRA) has announced an agreement to build a 2.2MW solar power plant for Sunshire, a subsidiary of Api Nova Energia of Italy.  This is the first solar power plant agreement for Sunpower’s Italian subsidiary which will be financed by regional banks via a leasing agreement

“We are pleased to partner with Api Nova Energia to deliver clean, reliable solar power to the rapidly expanding Italian market,” said Luca Bandini, general manager of SunPower Italia. “By using SunPower’s industry-leading Tracker technology and our high efficiency solar panels, Sunshire will maximize the solar power plant’s energy delivery, while optimizing land use and reducing related costs.”