A solar park in the Italian province of Lecce will generate power for more than 3,000 homes when fully operational, solar company SunEdison announced.
SunEdison announced plans to complete 12 1-megawatt solar energy plants in Italy. SunEdison President Carlos Domenech said the projects demonstrate the “deep expertise” his company has in the solar energy sector.
The solar parks in Lecce will generate enough power to supply more than 3,300 homes during the first year of operations. Emissions savings are equivalent to removing 2,000 cars from Italian roads, the company said.
Seven of the plants are operating and are connected to the Italian energy grid. The five other plants are scheduled for operations in late summer 2010.
SunEdison is financing the effort through a $62.2 million deal with German bank NORD LB – Norddeutsche Landesbank.
SunEdison early this year announced construction started on a 72 MW solar plant in northeast Italy.