SunEdison just flipped the switch on a 70-megawatt (MW) solar energy plant in Rovigo, a small town in northeast Italy. The Rovigo plant is currently the largest single photovoltaic (PV) plant in Europe.
Working in partnership with First Reserve, SunEdison will handle thepower plant’s operations and maintenance. During its first year ofoperation, the 276-million Euro solar power project is projected toproduct enough electricity for 16,500 Italian households. Theenvironmental benefits of the plant are also worth noting — also in itsfirst year, the Rovigo plant will prevent 40,000 tons of CO2 fromentering the air. Similar environmental benefits are expected throughout the lifetime of the system.
A host of European banks have backed the project. Unicredit Corporate Banking, Credit Agricole, Natixis, Banco Santander and other leadingEuropean banks stepped up in support of the plant. General Manager ofSunEdison EMEA Pancho Perez recognized the important role thesefinancial partners played in making the plant possible:
“The deployment of the Rovigo project within thistime-frame was made possible thanks to the commitment of our projectpartners and local and regional authorities. This project is a fineexample of SunEdison’s commitment to the continued development of thesolar PV sector in Italy and the EMEA.”
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