Agreement for Italian solar plants

Siemens Energy and the Norwegian utility Statkraft have signed an agreement to build solar plants in Italy with a total capacity of 40MW.

Siemens will perform the engineering, project management and turnkey construction of the photovoltaic plants.

Construction of the first solar plant is expected to begin in spring 2010. After grid connection, scheduled for later in the year, the solar plants will supply power to approximately 14,000 Italian households.

‘After successful execution of the Casale project for Statkraft, we are continuing our cooperation with the implementation of further solar energy projects in Italy,’ said René Umlauft, chief executive officer of the Renewable Energy Division of Siemens Energy.

In fiscal 2009, revenue from Siemens’ Environmental Portfolio totalled approximately €23bn (£20.9m).

In the same period, Siemens claims its products and solutions enabled customers to reduce CO2 emissions by 210 million tons.