Solar

Centrosolar Signs 8 MW Deal with Sunsystem

Centrosolar Italia S.r.l. and Sunsystem S.r.l. have have signed a long-term cooperation agreement. Centrosolar will supply Sunsystem with solar modules and accessories for 8 megawatts (MW) of installations in 2008.

Centrosolar will also be providing training for Sunsystem’s employees. Italy is a particularly attractive market for Centrosolar’s core business because unlimited subsidies are available for solar power, echoing the model in use in Germany. Since the levels of sunlight are 1.5 times higher than in Germany and the price for power generated by traditional means is over 20 ct/kWh, it is moreover likely that solar power will become competitive in Italy sooner than in other countries, even without subsidies.

The partner Sunsystem S.r.l. belongs to the leading Italian system suppliers and has a sales network covering all of Italy. Like Centrosolar, the company has specialized in PV systems with an output in the 1-20 KWp range, for which its own financing models are available. Centrosolar’s solar modules are installed primarily on the roofs of Italian homes.