"We are pleased to contract with
"SunPower offers a unique value proposition to power plant developers in terms of technology and bankability," said
The 10-megawatt ground-based solar photovoltaic project is expected to produce 17 million kilowatt hours of electricity and
Construction of the solar project is targeted to begin by the end of
The capacity of power plants in this release is described in approximate megawatts on a direct current (DC) basis unless otherwise noted. On an alternating current (AC) basis, the Puglia power plants are 9 megawatts in total, and the Montalto solar park is 28 megawatts.
Founded in 1985,
This press release contains certain "forward-looking statements". All statements, other than statements of historical fact, that address activities, events or developments that
Any forward-looking statement speaks only as of the date on which it is made and, except as may be required by applicable securities laws, the Company disclaims any intent or obligation to update any forward-looking statement, whether as a result of new information, future events or results or otherwise. Although the Company believes that the assumptions inherent in the forward-looking statements are reasonable, forward-looking statements are not a guarantee of future performance and accordingly undue reliance should not be put on such statements due to the inherent uncertainty therein.
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are statements that do not represent historical facts and may be based on underlying assumptions. The company uses words and phrases such as "to build," "expected," "will" and "targeted" to identify forward-looking statements in this press release, including forward-looking statements regarding (a) design, construction, operation and maintenance of the two power plants by
News Provided by Acquire Media