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)