Colexon Energy has begun the construction of a solar power plant with a total capacity of almost 1MWp in the North Italian community Imola. The plant will benefit from the feed-in tariff in Italy, which is set for 20 years.
Thorsten Preugschas, CEO of Colexon Energy says, “Establishing our international commitments with the solar power plant in Imola, allows us to continue our growth trend consistently despite of possible upcoming changes in the feed-in compensation in Germany. As Italy is one of the most significant growth markets, it is of great importance.”
Colexon, will work on the project with a team of local subcontractors as well as Cleantech, which will plan and develop the solar power plant. The construction and commissioning of the plant has been arranged in close cooperation with several local partner companies.
The plant will use a total of 4,620 polycrystalline modules manufactured by Moser Baer on an area of 2.35 hectares. SMA inverters will convert the 1.1 million kWh generated annually by the plant into grid-compliant alternating current.
The energy the plant produces will be utilized to supply approximately 500 households with environmentally friendly electricity. The project is expected to be complete in the first half of 2010.