The photovoltaic array will be built on approximately 200,000 square metres of land in Northern Greece, in the region of Drama. It will consist of Conergy PowerPlus photovoltaic panels and Conergy CIS 540 S type central inverters. It is estimated that it will produce over 7,100,000kWh per annum.
The project will commence in June 2010 and is expected to be commissioned before the end of the year. Its developers report that the plant will have substantial environmental benefits, reducing carbon dioxide emissions by 7,000 tonnes per annum, equivalent to the capacity of a 350,000 tree forest.
The Bank of Cyprus is the chief lender of this project, demonstrated its continuing support for green investments.
Positive Energy is an EPC contractor in South-eastern Europe, providing comprehensive design, supply, construction solutions for renewable energy projects. Meanwhile, Conergy is the Greek subsidiary of the German Company Conergy AG, whose activities include the construction and promotion of advanced technology renewable energy source products as well as the development of photovoltaic systems. Conergy operates in 14 countries and has supplied over 1.2GWp photovoltaic generators worldwide. Moreover, it has installed projects with a total installed capacity of over 350MWp. Having a turnover surpassing 1 billion Euro for the 2008 fiscal year, Conergy has the highest market shares in Greece for the three-year period 2007-2009.
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