To date the Italian-Spanish Group has installed a total of 200 megawatts (MW) of photovoltaics, mainly in Italy, for both itself and other clients. In 2011, it added 60 MW or 36 systems to its portfolio, and in the fourth quarter alone, installed 10 MW in Italy.
Looking ahead to 2012, 9Ren has already planned another 30 MW worth of projects, a spokesperson tells pv magazine. They add that Italy and Spain are the company's main markets, while Eastern Europe, the Middle East and North Africa are "the growing markets". Meanwhile, its key business focus will be on industrial rooftops.
With regards to the last quarter of 2011, 9Ren installed four photovoltaic systems worth 3.2 MW on industrial roofs in Italys Piemonte, Calabria and Sicily; and five ground-mounted systems in Puglia, Molise and the Marche region. "In particular the Lizzano (TA) power plant, of almost five MW, was completed in record time and connected to the grid only 45 days after opening the site," explains the company in a statement released.
CEO Stefano Granella adds, "The new power plant connections are greatly significant to 9REN and confirm its 150 percent increase over 2010. Moreover, it proves the effectiveness of our new business strategies and the Groups repositioning, which began last year and is now highly focused on rooftop installations."
He concludes, "The Groups 2011 results are greatly satisfying, especially if we consider the changing trends of the photovoltaic market. The growing performance that we have registered in the last two years proves the Groups well-established business and operational skills as well as its great flexibility. Thanks to that, we can meet the renewable market changes and proactively face our development projects."
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: firstname.lastname@example.org.