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to-the-point: Italian co to supply investors to 20 MW of PV in Panama

Solar panels. Author: John S. Quarterman. License: Creative Commons, Attribution 2.0 Generic.

Sep 7 (Renewables Now) - Italian solar inverter company Elettronica Santerno announced on Wednesday that it has signed two contracts to supply total of 20 MW of inverters to projects in Panama.

The transactions also include Power Plant Controllers and all monitoring systems for connection to the power grid.

The total value of this deal amounts to some EUR 1.6 million (USD 1.9m), Santerno said in the press release. The deals with two "primary standing customers" allow the company to expand its footprint in the country. It would also strengthen its presence in Latin America, encouraging further potential developments for its parent company, Italian smart utility company Enertronica SpA (BIT:ENT), the firm noted.

(EUR 1 = USD 1.204)

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Lucas is based in Brazil. He joined Renewables Now to expand coverage of the Ibero-American market, a highly attractive destination for green energy investment.

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