SAG Solarstrom gets 12MW of Italian 48MW project connected: sale imminent



A 48MW project in Northern Italy worth several hundred million Euro is close to being sold by project developer SAG Solarstrom, after a 12MW section of the PV power plant was connected to the Italian grid via a new transformer substation specifically for the project. Italian Terna, which has already performed the technical acceptance and commissioning, is said to be planning to purchase the substation.

The connection means that the 12MW section is valid to receive the existing feed-in tariff rate of €0.297 per kWh. To avoid imminent FiT changes, SAG Solarstrom said that it had accelerated the construction timeframe over the past few weeks.

Occupying a 150-hectare site, the full 48MW plant should be completed by the end of August, according to the company, and would be expected to generate 64,000MWh of electricity per year.

“We have reached an important milestone in this project with the completion of the entire required infrastructure and the connection to grid of the first 12MWp,” noted Karl Kuhlmann, CEO of SAG Solarstrom. “Connection to the grid in Italy is still a major challenge for several photovoltaic projects. It is therefore all the more gratifying that we have been able, under these by no means easy market conditions, to implement the connection even earlier than originally planned.”

Read Next

Subscribe to Newsletter

Most Read

Upcoming Events