US-based project developer SPI Solar said it has been awarded two new contracts worth 14.1MW. The first project is a 4.4MW fixed-ground-mount solar power plant located in Evros, a northeastern region of Greece, while the second project is for a 9.7MW fixed-ground-mount solar power plant for a subsidiary of an international pharmaceutical company’s operations at its New Jersey corporate headquarters. Both projects will use LDK Solar’s PV modules.
According to SPI Solar, the New Jersey project is a direct result of a three-year agreement between SPI, KDC Solar and LDK Solar, making SPI the preferred EPC services provider to KDC for a minimum commitment of 150MW of projects over 36 months. No timelines for the projects were given.
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The 4.4MW site in Greece is SPI's first in the country, which was obtained by acquiring a 100% limited partnership interest in the project, which was already in early-phase planning with another unidentified entity. The Greek Public Power Corp. (PPC) has signed a 20-year power purchase agreement with SPI.
SPI said it had worked with Global Energy Services (GES) to identify the build-ready project and will partner with SDL Solar to perform onsite technical due diligence and qualify the project for development. Construction is scheduled to begin in November.
