OPDE starts work in four solar power facilities totalling 19.3 MW in Italy and Spain

FOR IMMEDIATE RELEASE
(Free-Press-Release.com) October 18, 2011 -- The new plants will feature MECASOLAR tracking systems and fixed structures, SMA inverters, and TRINA and Canadian Solar modules.

Among the plants to be connected by OPDE by the end of this year there is the one in Ablitas, Navarra, with 8.8 MW.

In addition, the company has started building three photovoltaic solar farms in Italy, which together reach up to 10.5 MW. The farms are located in Pozzolo Formigaro, Piedmont (4.1 MW), Sale (1.7 MW), and Pontesura (4.66 MW).

OPDE sources said the company is in contact with many clients and investment funds, both in Europe and in North America, for the sale of photovoltaic solar plants. Recently, the company reported the sale of three facilities in Italy valued at €55M (total: 13.2 MW) to the investment company ForVEI.

Record high activity

OPDE’s record high activity in 2011 followed the changes in the Board and the hiring of a new executive team. The new bodies in the multinational company include senior management and highly qualified professionals in different business areas (Administrative Department, Corporate Service Department, General Manager’s Office, Operation and Maintenance, among others), as well as engineers and project managers with long experience.

PIPELINE - OPDE September-December 2011

SPAIN

LOCATION POWER

Ablitas, Navarra 8.8 MWp
TOTAL 8.8 MWp

ITALY

LOCATION POWER
Pozzolo Formigaro, Piedmont 4.1 MWp
Sale Cava, Piedmont 1.74 MWp
Pontestura, Piedmont 4.66 MWp
TOTAL 10.5 MWp

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