San Francisco, United States [RenewableEnergyWorld.com] Recurrent Energy that it will develop 4.8 megawatts (MW) of rooftop solar projects in Spain, marking the company’s successful entry into Europe. The projects are the result of a co-development arrangement with ProLogis, a global provider of distribution facilities. Recurrent Energy was awarded a feed-in tariff by the Spanish government for the projects which are expected to enter commercial operation mid-2010.
Under the terms of the arrangement between the companies, Recurrent Energy leases rooftops from ProLogis as solar project sites. Recurrent Energy will finance, own and operate the solar power systems located on eight of ProLogis’ distribution centers in Barcelona and Madrid. The systems will be grid-connected, feeding all power generated back into the local utility through a feed-in tariff, which was awarded to Recurrent Energy in July.
“This is the first of many more to come for Recurrent Energy in Europe as well as an industry first that points the way towards the future of solar power,” said Arno Harris, CEO at Recurrent Energy. “We have over 500MW of distributed-scale projects in development across North America and Europe, and what this project successfully demonstrates is the sizable role commercial and industrial rooftops can play in large-scale solar deployment.”
ProLogis will also provide construction management services and is expected to begin development in October 2009. The execution of the projects will use local services within Barcelona and Madrid, including local contractors, engineering firms, and consultants. The completion of all projects is estimated for mid-2010.
ProLogis’ Drew Torbin wrote for RenewableEnergyWorld.com about the value that commercial rooftops have for the solar industry in January of this year. Click here to read his thoughts about siting solar projects.
RenewableEnergyWorld.com caught up with Harris at Intersolar in July. Watch the video below to hear more from him about how the company goes about developing projects in different markets.