Solar Green Technology, a subsidary of LDK Solar Co., completes the design and construction of a 12MW PV project called Century, according to a press release from LDK.
The project consists of industrial rooftop PV plants ranging between 300kW and 1,000kW, located throughout Italy. Approximately 7.8 MW of this project has been completed. The projects will benefit from the Fourth Conto Energia, which was issued in May 2011 by the Italian Ministry of Economic Development and the Ministry of Environment, and provides incentives based on the type and size of the PV system.
"We are pleased to expand our presence in Italy's solar market through this project. The completion of these projects demonstrates the existing demand for solar power in Italy and we look forward to continuing to broaden our relationships in this region," says Xingxue Tong, president and CEO of LDK Solar.
"This project is one of the largest rooftop PV plants. The strategic partnership between the parties involved confirms that the integration and cooperation among industry players, such as module manufacturers, EPC contractors and financial operators, can lead the development and implementation of projects in Italy with a goal of moving toward grid parity," states Angelo Prete, managing director of Solar Green Technology.