Enel Green Power, Finpiemonte hook 2.5 MW PV plant to grid

(ADPnews) - May 25, 2011 - Enel Green Power, the renewables unit of Italy's power giant Enel SpA (BIT:ENEL), and Finpiemonte, a financial company controlled by the Piedmont region, have connected a 2.5 MW solar system to the grid in the province of Turin.

The photovoltaic (PV) installation, dubbed Strambino, was developed by the joint venture (JV) set between the companies in January 2010. The entity -- Enel Green Power Strambino Solar is 60% held by Enel Green Power and 40% by Finpiemonte Partecipazioni. It is responsible for developing renewable energy projects in Piedmont.

The polycrystalline silicon solar panels at Strambino will generate 3 million kWh each year, while saving 2,000 tonnes of CO2 emissions. The facility's electricity output will supply 1,100 homes.

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