Fotowatio To Finance & Develop 10-MW Roman Solar Project

Fotowatio Renewable Ventures (FRV) plans to develop a 10-megawatt (MW) solar photovoltaic power plant in Fiumicino, Rome. Developed in partnership with Solesa Green Power, the facility will be the largest solar power plant in the Rome province – and one of the largest in Italy.

FRV and Solesa Green Power have secured project financing for the deal from some of the most important international financial institutions in the renewable energy sector.

“Our investment in what will be the largest solar project in Rome province demonstrates our long-term commitment to Italy,” said Andrea Fontana, country manager of FRV in Italy. “In addition to our five 1-megawatt solar power plants we successfully completed in Puglia, this new deal strengthens our position in Italy as a major solar project developer. It also will help Italy increase its energy production from carbon-free sources.”

FRV and Solesa Green Power expect to begin construction of the plant, commissioned by Siliken, by April. The plant is scheduled to be operational by the end of this year, with an expected production of 14 million kilowatt-hours (kWh) of electricity per year.

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