SunPower Partners with Solar Ventures to Build 11.1 Megawatts in Piedmont Region [Italy]

23 July 2010 by

PRNEWSWIRE - MILAN, July 22 /PRNewswire-FirstCall/ -- SunPower Corp. (Nasdaq: SPWRA, SPWRB) and Solar Ventures S.r.l., a developer of solar parks in Italy, France and the Mediterranean area, today announced that they have signed a contract to design and build three solar power plants in the Piedmont region of Italy. Totaling 11.1 megawatts over 30 hectares, the development represents one of the largest solar power developments in the region. Construction on the plants will start this month and is expected to be completed by the end of the year.

"We are delighted to partner with Solar Ventures to deliver reliable, emission-free solar power to the community and continue the rapid expansion of the Italian solar market," said Mario Riello , EMEA Sales Director for SunPower Utility and Power Plants division. "This project reinforces SunPower's impressive track record in Italy where both development partners and financing institutions praise our bankability, high performance technology, and project execution."

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