The solar farm is already operational, after coming on line earlier this month.
Sunflower Sustainable Investments Ltd. (TASE: SNFL) has bought a one-megawatt solar farm in Italy for €3.98 million. In contrast to the company's other Italian solar farms, which are still under construction, this solar farm is already operational, after coming on line earlier this month.
The solar farm is eligible for the Italian government subsidy of €0.346 per kilowatt/hour for solar power over 20 years.
Published by Globes [online], Israel business news - www.globes-online.com - on November 21, 2010
© Copyright of Globes Publisher Itonut (1983) Ltd. 2010