|
July
23, 2010
Freiburg,
Germany: S.A.G. Solarstrom Plans 48 MW Ground Mounted Project
Freiburg
based, S.A.G. Solarstrom AG is to set up one of the largest connected
ground-mounted projects in northern Italy in the region of Veneto.
Construction will start before the end of 2010.
The
planned construction of the ground-mounted system in the region
of Veneto, in the municipality of Canaro, northern Italy, with
a total output of 48 MWp, is the largest project to date in the
corporate history of S.A.G. Solarstrom AG.
The
project will be managed by S.A.G. Solarstrom AG, who will work
together with their cooperation partner Solibra Solar Solutions
GmbH, Lahnstein. S.A.G. Solarstrom will apply financial resources
from the refinancing of completed projects in the first stage.
Work
on implementation planning is currently ongoing at full power.
The system will be constructed on a total area of 150 ha. All
approvals have been granted, so that work on construction of the
power plant can be started.
In order to enable a fast, secure mains connection of the system,
S.A.G. Solarstrom AG is building their own transformer substation
that will allow the system to be connected directly and the electricity
to be fed into the high-voltage grid.
It
is planned to sell the transformer substation to the Italian company
Terna S.P.A. after the project has been completed. The project
will be implemented in 2010 and 2011 and substantiates the forecast
for 2010 with sales of between €190 and €210 million and an EBIT
of between €8 and €11 million.
Further details about: S.A.G.
Solarstrom AG
|
