SunEdison received final approval from the Italian government last week to develop and construct a 72-MW photovoltaic (PV) solar power plant in northeastern Italy, near the town of Rovigo. When completed, this is expected to be the largest PV solar power plant in Europe.
Power generation will begin in the second half of 2010 with final completion expected by year end.
SunEdison will jointly develop the project with financing partner Banco Santander. Additional financial partners are expected to join the project for final ownership.
At 72 MW, this solar power plant will be the largest in Europe. According to SunEdison, the largest current facility is a 60-MW solar farm in Olmedilla, Spain, followed by a 50-MW installation in Strasskirchen, Germany, built by MEMC Electronic Materials Inc. (of which SunEdison is a division) through a joint venture agreement.