Etrion and Phoenix Solar to install 2.6 MW Italian PV plant


Located near Nettuno, the project is scheduled to be completed by August 31 – the deadline by which small systems and projects with existing Conto Energia III permits must be installed, if they are to avoid being counted towards Italy’s new 2011 1.2 gigawatt market cap.

Etrion will own the photovoltaic plant, while Phoenix Solar will design, construct and provide operations and maintenance services for it. Crystalline silicon Trina Solar modules and SMA inverters will be used in its construction.

Overall, Etrion says the project is expected to generate 3.5 million kilowatt-hours (kWh) of electricity and approximately €900,000 of earnings to the company before interest, taxes, depreciation and amortization (EBITDA) annually.

In a statement, it goes on to explain that the first electricity sales from the project under the Italian feed-in-tariff regime are expected during the fourth quarter of 2011. In terms of remuneration, the plant is expected to reap a tariff of €0.25 per kWh, plus the market price of approximately €0.08 per kWh.

This content is protected by copyright and may not be reused. If you want to cooperate with us and would like to reuse some of our content, please contact:

Popular content

SunPower stock crashes 70%

19 July 2024 The company’s share price fell below $1 as it announced it is halting some operations and ending its lease and power purchase agreement offerings, amo...


Leave a Reply

Please be mindful of our community standards.

Your email address will not be published. Required fields are marked *

By submitting this form you agree to pv magazine using your data for the purposes of publishing your comment.

Your personal data will only be disclosed or otherwise transmitted to third parties for the purposes of spam filtering or if this is necessary for technical maintenance of the website. Any other transfer to third parties will not take place unless this is justified on the basis of applicable data protection regulations or if pv magazine is legally obliged to do so.

You may revoke this consent at any time with effect for the future, in which case your personal data will be deleted immediately. Otherwise, your data will be deleted if pv magazine has processed your request or the purpose of data storage is fulfilled.

Further information on data privacy can be found in our Data Protection Policy.