Subscribe to our free daily newsletters
  Solar Energy News  

Subscribe to our free daily newsletters

SunPower Completes Sale 44MW Montalto Di Castro Solar Park

The Montalto di Castro solar park, developed by SunPower, is located in the Lazio region of Italy near Rome, where the 20-MW first phase was connected to the grid in November of 2009, several weeks ahead of schedule.
by Staff Writers
San Jose CA (SPX) Dec 28, 2010
SunPower has announced that it has completed the sale of its 44-megawatt (MW) Montalto di Castro solar park to a consortium of international investors that include MetLife, Fondo PPP Italia and Voigt and Collegen (with its funds SolEs 22 and SolEs 23).

SunPower designed and built the solar power plant and will provide ongoing operations and maintenance services for the new owners. Barclays Capital advised MetLife on this transaction.

"With the sale of this power plant now completed, we have met the goal of developing, constructing and monetizing 72 megawatts from the Montalto di Castro solar park," said Dennis Arriola, SunPower chief financial officer.

"We are proud of this accomplishment and recognize the dedicated team and various independent parties that helped to deliver this successful outcome."

The Montalto di Castro solar park, developed by SunPower, is located in the Lazio region of Italy near Rome, where the 20-MW first phase was connected to the grid in November of 2009, several weeks ahead of schedule.

The 8-MW second phase was commissioned earlier this fall, and the third and fourth phases, totaling 44 MW, were completed earlier this month.

SunPower financed the development and construction of the 44-MW with proceeds from the solar industry's first-of-its-kind solar bond.

Share This Article With Planet Earth DiggDigg RedditReddit
YahooMyWebYahooMyWeb GoogleGoogle FacebookFacebook

Related Links
All About Solar Energy at

Memory Foam Mattress Review
Newsletters :: SpaceDaily :: SpaceWar :: TerraDaily :: Energy Daily
XML Feeds :: Space News :: Earth News :: War News :: Solar Energy News

Enhancements Increase Efficiency Of Kalahari Greentech's Solar System
Baltimore MD (SPX) Dec 28, 2010
Kalahari Greentech has released a statement detailing the enhancements and revenue potential of the Tri-Brid Solar Generator. According to Robert Matthews, VP of Kalahari, "Internationally, China is expected to raise its 2020 solar power generation target to at least 10,000 MW. The Tri-Brid generator has a potential market of over 2.5 billion users in the far-east including India and China ... read more

New Miscanthus Hybrid Discovery In Japan Could Open Doors For Biofuel Industry

Team Overcomes Major Obstacles To Cellulosic Biofuel Production

Create Sustainable Rural Villages Through Clean Pig Farming And Renewable Green Energy

Industrial Biofuel Collaboration Heating Up

Robot Arm Improves Performance Of Brain-Controlled Device

Japan's robot suit to bring hope to the disabled

Underwater Robots On Course To The Deep Sea

Development Of Humanoid Robot To Test Warfighter Protection Equipment

Keenan 2 Wind Farm Commences Commercial Operation

Italy wind farm seized by prosecutors

US challenges Chinese wind power subsidies at WTO

Outsmarting The Wind

China to scrap tax cuts for small passenger cars

Beijing traffic official resigns amid gridlock woes

Volvo weighs new plant in China in two years

Beijing to cut car registrations to ease gridlock

Iraq will iron out oil industry troubles: Maliki

Repsol completes sale of Brazilian unit stake to Sinopec

How Will Energy Provision Change Over The Next Few Decades

Iraq oil production tops 2.6 million bpd: minister

Obama to regulate carbon from power plants

Romania in talks with Japan on trading carbon credits

Carbon Capture And Storage Technologies Could Provide A New Green Industry For The UK

Oceanic Carbon Fluxes: The Behavior Of Small Particles At Density Interfaces

US Renewables Now Neck-And-Neck With Nuclear Power

Bolivia invests more in energy output

Oil mixed in Asian trade as China hikes interest rates

China's State Grid acquires Brazil power assets

Beetle-ridden forests lose climate help

Ancient Forest Emerges Mummified From The Arctic

A Study Analyzes The Movement Of Tree Sap

'Mile-a-minute' weed threatens Nepal's jungles

The content herein, unless otherwise known to be public domain, are Copyright 1995-2010 - SpaceDaily. AFP and UPI Wire Stories are copyright Agence France-Presse and United Press International. ESA Portal Reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement,agreement or approval of any opinions, statements or information provided by SpaceDaily on any Web page published or hosted by SpaceDaily. Privacy Statement