Siemens to build solar power plants with capacity of 40 MW

Erlangen, Germany, March 11, 2010 — Siemens Energy and Norwegian utility Statkraft have signed an agreement to build solar plants in Italy.

With a total capacity of 40 MW, this is the largest photovoltaic framework agreement Siemens has negotiated in Europe to date.

Siemens will perform the engineering, project management and turnkey construction of the photovoltaic plants. The exclusive framework agreement includes Statkraft’s project pipeline for photovoltaic plants in Italy.

Construction of the first solar plant is expected to begin in spring 2010. After grid connection, scheduled for late that year, the solar plants will supply renewable power to about 14,000 Italian households.

For the projects under the framework agreement with Statkraft, Siemens will provide engineering, procurement, construction and maintenance. The scope of supply will contain support structures, connection boxes, cabling, photovoltaic modules, inverters and medium-voltage equipment.

Siemens will also be responsible for operation and maintenance for the first five years. Siemens offer a performance ratio contracting model for photovoltaic plants to ensure plant efficiency over lifetime.


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