Bellisimo! Sunflower already produces some 24 MW of solar energy in Italy and Spain.
Israel-based Sunflower Sustainable Investments is continuing to find sunny prospects in Italy for its solar activity, announcing the purchase of another solar energy farm last week. This comes on the heels of the financial investment house’s acquisition of three Italian solar farms at the end of 2010.
Sunflower’s latest agreement is for a 2 MW solar park at a cost of about €5 million. Taking advantage of supportive Italian legislation for solar-generated electricity, Sunflower signed deals in 2010 to build solar farms with a total generation capacity of 12-15 MW. Sunflower, based in Ramat Gan, is a public company, traded on the Tel Aviv Stock Exchange.
:: Globes
Image: John Harding
More on Israeli solar activity in Italy:
Sunflower Sustainable Investments Adds Three Italian Solar Farms
Israeli Firm Gilatz To Build Another 2MW Solar Plant In Italy
Author: Ira Moskowitz
When his kids were small, Ira would point to litter on the ground and tell them: “That makes me angry!” He still gets angry about pollution, waste and abusive treatment of our world, but is encouraged by the growing awareness of environmental issues and has been following the latest developments in cleantech with great interest. Ira grew up in the green hills of western Massachusetts and moved to Israel in the early 1980s after completing an MA in Middle Eastern Studies. He has worked as a software developer and journalist, and translates works of Hebrew fiction and non-fiction to English. Ira is trying to age gracefully, but refuses to surrender his youthful belief in the potential for change, including a collaborative future for the peoples of the Middle East. To contact Ira, email ira (at) greenprophet (dot) com.
