Solar Green Technology (SGT), an Italy-based specialist in the design, installation and construction of PV plants, has designed and built 7.8MW worth of PV projects in Italy.
The PV arrays are part of a larger project called Century which consists of industrial rooftop PV arrays with capacities ranging between 300kW and 1MW located throughout Italy. When the Century project is completed, it will have a total capacity of 12MW.
SGT’s parent company LDK Solar provided 40% of the financing for the 7.8MW PV projects. All the projects will benefit from Italy’s Fourth Conto Energia incentive programme which was launched in May 2011.
Xingxue Tong, President and CEO of LDK Solar, said: “We are pleased to expand our presence in Italy's solar market through this project. The completion of these projects demonstrates the existing demand for solar power in Italy and we look forward to continuing to broaden our relationships in this region.”
Angelo Prete, Managing Director of Solar Green Technology, added: “This project is one of the largest rooftop PV plants. The strategic partnership between the parties involved confirms that the integration and cooperation among industry players, such as module manufacturers, EPC contractors and financial operators, can lead the development and implementation of projects in Italy with a goal of moving toward grid parity.”