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Enerqos constructs solar farms for NextEnergy Capital in Italy

Italian turnkey supplier of solar systems and plants, Enerqos, has started the construction of four 1 MW solar farms representing €1 billion of investment, in Apulia, Italy, for NextEnergy Capital, the European merchant bank specialising in renewable energy.

The value of the initial solar farm projects is approximately €20 million.

One of the solar farms will feature the biaxial Solar Totem® tracking technology, patented by Enerqos, which is said to increase performance by 38% compared to “conventional fixed mounting systems.”

All solar farms will be equipped with a remote-management system, based on the Osiride PVE™ operating system also patented by Enerqos, to provide advanced service management for monitoring performance and the timely detection of any operational anomalies.

“The construction of these installations is the first step of a long-term partnership with Enerqos,” says Stephen DM Sommadossi, Co-Founder of NextEnergy Capital. “Our expansion into Italy has led to the creation of these solar power installations which will guarantee our place among the undisputed leaders of the market by 2010,” he adds.

Under the agreement with Enerqos, NextEnergy currently has licensing permission under way for additional facilities in Apulia and Sicily, of which 37 MW will start construction later this year. Enerqos will also build additional plants for NextEnergy in Greece and France at a later date.

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Photovoltaics (PV)  •  Solar electricity