Troia 9, Italy

Location: North West of Puglia, (Troia Municipality).
Surface Size: Approximately 23,900 Square meters.
The park is connected to the national grid, has a nominal power of ~1 MW and carries 2010 FiT of 0.346 Euros/Kwh plus market electricity tariff. The project is expected to produce an annual production of approximately 1.4 GWh which is translated into annual revenues of about 600,000 Euro. The tariff of 0.346 Euro is guaranteed for a period of 20 years, and the land is leased for at least 20 years with an option to extend the lease for additional periods.
 The project has been financed through an Italian leading leasing company.
Manufacturers - The panels were manufactured by Conergy, with invertors from Sputnik Engineering Solarmax.
Installation - The project was realized by a leading Spanish EPC contractor as a turnkey project. The company guarantees a minimum level of Performance Ratio (PR) and availability for the O&M duration.