Madrid, 5 June 2012
Solaria Energía y Medio Ambiente, S.A., only solar company listed in the Spanish Stock Exchange, begins the development of a 60 MW PV field plant in the area of Calera y Chozas, in the province of Toledo in Spain.
The plant will dump its output into the local Grid at the corresponding market tariff, with no economic incentive and therefore competing with traditional energy sources. This project is part of the generation investment plan that the company has for 2012 2015.
Solaria will carry out the development, engineering and management of the project, providing also its second generation high efficiency modules, as well as its leadership and technology in the photovoltaic sector. The total project investment is estimated at 60 million Euros.
Thus, Solaria shows its commitment to the Spanish market where the grid parity is becoming a reality and where PV energy is already a mature technology, capable of compete with traditional energy sources.