Wind Power

S.A.G. Solarstrom Plans 48-MW PV Project

S.A.G. Solarstrom AG said that it is planning one of the largest connected ground-mounted projects in northern Italy in the region of Veneto. Construction will start before the end of 2010.

The ground-mounted system with a total installed capacity of 48 megawatts (MW), is the largest project to date in the corporate history of S.A.G. Solarstrom AG.

The project will be managed by S.A.G. Solarstrom AG, who will work together with their cooperation partner Solibra Solar Solutions GmbH. S.A.G. Solarstrom said that it will apply financial resources from the refinancing of completed projects in the first stage.

Work on implementation planning is currently ongoing. The system will be constructed on a total area of 150 hectares. All approvals have been granted, so that work on construction of the power plant can be started. The company plans to to sell the transformer substation to the Italian company Terna S.P.A. after the project has been completed. The project will be implemented in 2010 and 2011.