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November 9, 2012
05:24 EDTLDKLDK Solar announces development of 12 MW PV project in Italy
LDK Solar announced that its subsidiary company, Solar Green Technology, or SGT, of Italy, has completed design and construction of a 12 megawatt, or MW, PV project known as "Century." The Century project consists of industrial rooftop PV plants ranging between 300 and 1,000 kilowatts, or kW, located throughout Italy. A portion totaling approximately 7.8 MW of this project has been completed and 40% of the financing was provided by LDK Solar. These projects will benefit from the Fourth Conto Energia, which was issued in May 2011 by the Italian Ministry of Economic Development and the Ministry of Environment, and provides incentives based on the type and size of the PV system.
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