Location: Marche, (Cingoli Municipality).
Surface Size: Approximately 24,500 Square meters.
The park is connected to the national grid, has a nominal power of 734 KWP and carries 2010 FiT of 0.346 Euros/Kwh plus market electricity tariff. The project is expected to produce an annual production of approximately 0.9 GWh which is translated into annual revenues of about 400,000 Euro. The tariff of 0.346 Euro is guaranteed for a period of 20 years, and the land is leased for 21 years.
A project finance loan has been signed for this project with an Italian leading bank.
Manufacturers - The mono-crystalline panels were manufactured by a leading Italian EPC company, with invertors from Equipaggiamenti Elettronici
Industriali S.r.l. (EEI 250kW).
- The project was realized by a leading Italian EPC company as the EPC contractor as a turnkey project. The company guarantees a Minimum Guaranteed System Output (MGSO) for the O&M duration.