Statkraft Builds 3-MW Solar Park in Italy

Statkraft is now in the process of building its first solar park. The power plant, which will have an installed capacity of 3.3 megawatts (MW) is being constructed in the Latina region, 60 kilometers to the south of Rome, and will be completed in 2009.

The 15,700 solar panels at the plant will cover an area just under 96,000 square meters. The investment will cost about €13 million. The facility is projected to generate 4.5 million kilowatt hours of electricity annually.

“Italy is presently one of the most attractive solar energy markets in Europe. We are also looking at options in Spain and Southeast Europe in order to reach our goal of 75 MW solar power by 2012,” said Olav Hetland, senior vice president of Business Unit Solar Power at Statkraft.

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