Milan, Italy [RenewableEnergyWorld.com] Infrastrutture S.p.A has started the construction on a solar photovoltaic project using monoaxial technology in Sicily. The project, with a capacity of 1 megawatt (MW), is the first project out of Infrastrutture’s 18-MW Italian development portfolio to start construction.
The investment cost for this project is €5 million [US $7.2 million] and will be funded by Infrastrutture’s own resources. The project is expected to be completed by December 2009 and will, on average, employ a local workforce of 30 people during the construction phase.
“We have achieved the important step of building a solar plant among the most productive in Europe, thanks to the application of innovative Italian technologies. This makes us specially proud – in addition – this investment underscores our solid business model, and the potentiality of the renewable energy sector,” said Pier Francesco Rimbotti, chairman of Infrastrutture SpA.