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SunPower Shines in Italy – Analyst Blog
Zacks Market Commentaries (September 22nd, 2009) Writes:
SunPower Corp. (SPWRA) recently teamed up with SunRay Renewable Energy to construct a 24MW solar electric power plant in Montalto di Castro, Italy. This project is the first phase of a planned 100MW development that is expected to be fully operational in 2010.
This would be Italy’s largest operating solar power plant after completion. Spread over 80 hectares, the Montalto di Castro project is owned by SunRay Renewable Energy. The company has engaged SunPower to design and construct the power plant apart from providing ongoing operations and maintenance services for the project. The project is being financed by a consortium of primary international and Italian. Electricity produced at the plant will find a ready market locally and any surplus will be added to Italy’s national electric grid.
SunPower is focused on tapping the rapidly expanding Italian solar market. Its 2008 acquisition of Solar Solutions, a solar systems integration
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California, dealer network, Electricity, Faenza, Investing Lessons, Italy, large-scale solar power systems, maintenance services, San Jose, semiconductor, solar electric power technology, solar electric power technology products, solar power products, solar solutions;, Stocks to Watch, Sunpower, Zacks Market Commentaries
California, dealer network, Electricity, Faenza, Investing Lessons, Italy, large-scale solar power systems, maintenance services, San Jose, semiconductor, solar electric power technology, solar electric power technology products, solar power products, solar solutions;, Stocks to Watch, Sunpower, Zacks Market Commentaries
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