OPEL Solar International has signed a contract to supply modules for Limen’s two 1MW high-concentration PV (HCPV) power plants in Sicily, Italy. The order is valued at US$5 million and OPEL will begin delivery of the Mk-I modules in late 2011.
These two systems will be the first in a number of joint ventures between OPEL and Limen in the CPV market and a multi-MW pipeline in Sicily and Sardinia has already been established. Both of the new systems will be eligible for Italy’s CPV feed-in tariff of €0.31 per kWh.
“The collaboration between OPEL and Limen in the Italian CPV market represents significant value growth for OPEL Solar's stakeholders because of the HCPV potential in the Italian market,” said Leon Pierhal, CEO of OPEL Solar International. “The Italian climate is ripe for CPV; it is one of the best areas in the world for our solar technology to be deployed.”
“We are very pleased to partner with OPEL Solar in building CPV solar utility plants,” added Roberto Petti, the head of the renewable energy division at Limen. “We believe OPEL Solar has the proven HCPV solar technology to be a market leader in Italy. Bringing an advanced solar energy technology to customers allows them to maximise their return on investments in green technology.”