German Aleo Solar delivers equipment to 1 MW solar plant in Italy
Nov 16, 2011 - German photovoltaic (PV) technology producer Aleo Solar (ETR:AS1) announced on Tuesday it had supplied the modules as well as a complete financing service package for the construction of a 1 MW solar power plant located in the Italian city of Vittorio Veneto.
The plant, which was constructed by Ailita Engineering Srl for less than two months, was connected to the Italian grid already in May 2011 and is currently being operated by the city of Vittorio Veneto.
The financial proceeds were secured by Banca Infrastrutture Innovazione e Sviluppo (BIIS).
The plant is expected to generate more than 1.2 million kWh of electricity per year.