SPI Solar, a solar developer and engineering, procurement and construction services provider, says it has completed the acquisition of the necessary contracts and permits to serve as the developer of a 1 MW solar energy facility in Rhodope Prefecture, a northeastern region of Greece.
This is SPI's third major solar development in Greece, the company notes. In January, SPI announced the second project, a 2 MW installation located in the Evros region. The first project, announced last August, was a 4.4 MW plant also located in the Evros region.
The Rhodope project will be a fixed-tilt ground-mount utility-scale facility using modules from LDK Solar, and the electricity generated will be purchased by Greek Public Power Corp. through a 20-year power purchase agreement (PPA).
SPI worked with its local partners SDL Solar and Global Energy Services Ltd. to identify the project, perform on-site technical due diligence and provide project oversight during construction. SPI intends to perform operations and maintenance of the facility over the term of the PPA.
