News Article
Construction Begins On 123 MW Solar Power Plant In Italy
solarhybrid AG has started construction work on the Vega solar power plant in Italy. Currently foundations are being laid with pile profiles, module plates are being assembled and the medium voltage line to the feed-in point and the transformer station are being built. In January 2012 it is planned that the PV modules will be assembled and that the inverters will be put up.
A PV power plant with a capacity of 39 MWp should be completed on this part of the site by March 2012. The components manufacturers and solarhybrid AG are acting as the interim investors. With its connection to the grid, the plant will be sold to the end investor and the financing by a bank will take place.
In addition to partners Ja Solar (modules), SMA (inverters), Conecon (assembly of a section) and Enerparc (DC planning), the new partners Hilti (mounting systems), Biosar (assembly of a section) and BFP (AC planning) are participating in the project. The transformer station is being built by Siemens.
With the project, solarhybrid AG is pursuing for the first time the strategy of handing the solar power plant over to the investor after connection to the grid. The companies and law firms participating in this project are:
Legal Advisor: Norton Rose, Milan
Financial Advisor: PwC, Frankfurt
Technical Advisor: Fichtner Italia
Risk Advisor: Marsh GmbH, Stuttgart
Yield Report Advisor: Solarschmiede GmbH, Hamburg
From the 2nd quarter of 2012 construction work on the remaining 84 MW will take place. It is therefore planned that the entire plant capacity of 123 MW will be connected to the grid in 2012.
Following its completion of solar power plants with a capacity of 218 MWp in 2011, solarhybrid AG's project pipeline for Germany in 2012, consisting of the Neuhardenberg project and other German projects, has a total plant capacity of ca.200 MW.
