The solar power plant will be erected in southern Spain, in the Andalucian town of Espejo and will incorporate Solon Single Axis tracking photovoltaic systems. Along with power plant planning and installation, the contract also covers subsequent maintenance and operation of the installation.
The agreement will be effective as soon as the project is granted Guarantee of Power and the final investment decision has been taken by REPS.
The transaction represents an expansion of the business relationship between Solon and Statkraft and will ensure additional project volume for Solon in the Spanish solar market. In June, the two companies had announced the conclusion of a framework agreement on the implementation of power plant projects in Spain for a total output of 40 MW by the end of 2011.
Solon is also active in North America and RenewableEnergyWorld.com's Stephen Lacey caught up with Solon's Daniel Alcombright about the company's activities in North America and how the economic downturn has effected their business. Watch the video below to hear from Alcombright.
Copyright © 1999-2012 RenewableEnergyWorld.com