Solarig is investing over 65 million Euros with the construction of 21 MW of PV systems in 2011 in Italy, France and Spain this year. These will result in the company surpassing 105 MW in PV systems connected in Europe accounting for a cumulative
investment of over 400 million Euros in photovoltaic assets. 8.2 MW of the 21 MW was connected during the first half of 2011.
The investments are distributed across France (6.3 MW), Italy (13 MW) and Spain (1.7 MW). In July, construction was started on a 1 MW rooftop installation in the PACA (Provenza – Alpes – Costa Azul) region of France, which is to be followed by the construction of a second project consisting of a 5.3 MW ground installation in the Limousin region. Both installations will be located in high radiation areas within the country.
Solarig continues its commitment to the Italian market where it is investing a total of 40 million Euros in the construction of 9 photovoltaic parks. In July the company started building a new 2.5 MW park in the Sicily region and connected another 2.2 MW installation in Umbria, to be added to more than 8.2 MW built in the first half of the year. With these new installations, Solarig´s total number of projects built in this country climbs up to 60 MW. Furthermore, the Company has a project portfolio of more than 100 MW in the Italian market that is currently being evaluated by the technical team in the Rome office.
In Spain, two rooftop installations have been completed in the Community of Madrid with a total power of 1.7 MW. These installations were built after a leasing contract was signed with an important French distribution group, for which Solarig has two of its main logistics centers’ roofs, with more than 20,000 m2, at its disposition for these solar installations.
Ricardo del Barrio, Director of Engineering and Construction for the group has expressed his satisfaction with the building rhythm that the company is maintaining. "It is a challenge to simultaneously manage construction in 3 different countries, each with their own technical peculiarities."
The total power built by the group at the end of 2011 will be 20.9 MW, those of which 8.2 MW were developed in the first half of the year. Additionally, Solarig, as part of its strategic plan, is planning to develop up to 300 MW in the next few years and is currently working on specific projects in more than 15 countries.
