Solarig completes 22 MW before legislation change in Spain

SOLARIG is a Spanish Independent Photovoltaic Power Producer which carries out the promotion, engineering, construction and operation and maintenance of photovoltaic solar parks. The company aims to become the most profitable international IPP in the photovoltaic sector through the implementation of its Strategic Plan designed to expand worldwide its activities by taking advantage of its position at different steps in the solar photovoltaic value chain. So far, the company has successfully completed its first development stage by connecting to the grid all its photovoltaic projects scheduled for 2008 under the current Spanish feed in tariff. These plants total up to 22 megawatts power capacity and represent an investment of 132 million Euros. SOLARIG has become a leading company by using different PV generation technologies and has installed innovative solar systems in several parks such as Cadmium Telluride thin-film modules, 3rd generation CPV systems (concentrators with double axis trackers) with Fresnel lenses and triple junction high efficiency cells and also monocrystalline modules with double axis solar trackers to obtain the best energetic efficiency as well as different fixed structure configurations. SOLARIG has opened in the past months new branch offices for the development of photovoltaic projects in Greece, Italy, Bulgaria, France, South Korea and United Stated and a European Marketing Platform in Malta. In China, SOLARIG produces monocrystalline silicon cells and modules through a joint-venture with a Chinese leading photovoltaic manufacturer and has recently inaugurated its representative office in Beijing.

At present, SOLARIG manages a large international portfolio of photovoltaic solar projects which will allow the company to become a major reference and to ensure its outstanding position among the international leaders of the sector with projects in Southern Europe, United States and South Korea. Soon SOLARIG will start to build its first photovoltaic park in Italy.

Additionally, the company has started to develop BIPV projects to integrate photovoltaic systems in roofs and façades of shopping centers, industrial warehouses and other type of building. This new business area will introduce SOLARIG in the BIPV subsector where the company is taking a position among national and international competitors.

For additional information:

www.solarig.com