Solarig signs concession agreement for €10 million photovoltaic installation
Post Date: 18 Dec 2012 Viewed: 486
Multinational Solarig has confirmed an investment of over €10 million in PV installations after signing the concession agreement with the Maltese government for the construction of 4.5MW of photovoltaic installations and the recent creation of a Control & Analysis Centre.
Solarig, a multinational photovoltaic company, will develop more than 45 rooftop PV installations (67,000 square metres) on Maltese public buildings, after signing the concession agreement in consortium with a Maltese company, for the technical design, construction and operation of these facilities.
The installations to be developed totalize a capacity of approximately 4.5MW and are located in several government owned buildings, such as ministries, hospitals, reservoirs and schools, which the Maltese government has identified as adequate areas.
The Concession Agreement was preceded by an award letter, personally delivered by the Resources and Rural Affairs Minister, George Pullicino, during the International Renewable Energy Agency (IRENA) Conference held in Malta last September and in which it was discussed the use of renewable energy in isolated territories, such as islands.
The Minister remarked that the development of this photovoltaic installations, included under the Maltese Government energy strategy, represent an excellent option for meeting the targets set for 2020. This plan aims to achieve by 2020 a 10% renewable energy generation in the country.
In addition, Solarig selected Malta for the creation of its Control & Analysis Centre, that supports all installations managed by the group in different countries and which is in operation since last July.