SunRay & SunPower Develop 24-MW Solar Project

SunRay Renewable Energy and SunPower Corporation have reached an agreement under which they are building a 24-megawatt (MW) solar electric power plant in Montalto di Castro, Italy. The 80-hectare Montalto di Castro solar project is being financed by a consortium of primary international and Italian banks and, upon its completion at year-end, will be the largest operating solar power plant in Italy.

The plant began construction earlier this year, and has created more than 200 local jobs. The power generated by the plant will provide electricity locally, and contribute to Italy’s national electric grid. The site will also have a fully equipped visitor center focusing on the education of the local community and school children about renewable energy.

“In addition to delivering commercial benefits to the community, Montalto di Castro is designed to integrate seamlessly into the surrounding countryside and preserve the local ecosystem,” said Giora Salita, head of business development for SunRay. “SunPower’s unrivaled global experience in the design and construction of solar power plants will help ensure that the finished project is the pride of the local community today and for many generations in the future.”

SunRay is the developer and owner of the project and selected SunPower to design and construct the power plant and provide on-going operations and maintenance services. SunPower is installing SunPower panels and the proprietary SunPower Tracker technology at the site. This project is the first phase of a planned 100-MW development that is expected to be fully operational in 2010.

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