SolFocus has come up with yet another significant initiative in Spain. The company has signed a $103 million agreement with EMPE Solar to install over 10 megawatts (MW) of CPV solar energy projects in several sites across southern Spain by the end of 2010.
According to SolFocus, the project will be the largest deployment of CPV technology in Europe, and will be capable of meeting the domestic energy requirements for a city of approximately 40,000 residents.
"CPV, with its high energy density and output, is an ideal solution for the Spanish market, providing more clean, reliable energy with a small land footprint and low lifetime cost," said Gary D. Conley, CEO and Chairman of SolFocus.
Conley also said that EMPE Solar will play a critical role in "breaking new ground throughout the Mediterranean".
For its part, EMPE Solar expressed optimism over the fact that SolFocus will enable it to quickly achieve its cost targets for carbon‐free energy.
For SolFocus, the deal follows its recent completion of two utility‐scale CPV projects for the Institute of Concentration Photovoltaic Systems (ISFOC) in Spain.
SolFocus gets associated with the largest CPV deal in EU
Published on Nov 5, 2008
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