Enfinity Signs 25-MW Deal with SunPower

Enfinity announced that it has entered into framework agreement with SunPower Corporation to provide turn-key engineering, procurement and construction services for solar photovoltaic (PV) power plant projects totaling more than 25 megawatts (MW). The installations planned under this agreement will be built in 2008 and 2009 by SunPower in Italy and are contingent on Enfinity to secure financing and construction permits for the projects.

SunPower and Enfinity are also in discussions to expand their collaboration to include additional solar projects in Spain, Greece and other countries worldwide. Enfinity is in the process of financing PV projects with a total capacity of more than 122 MW and is planning to finance several hundred megawatts through 2010. The agreement was signed at Intersolar 2008 in Munich, Germany. This year the conference has more than 1000 exhibitors.

“We consider this as a strategic partnership in the further development of our solar business,” said Gino Van Neer, CEO of Enfinity.

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