Sharp Corporation (hereinafter “Sharp”) and Enel Green Power*1 (hereinafter “EGP”) announce that their joint venture company Enel Green Power & Sharp Solar Energy S.r.l. (hereinafter “ESSE”) which the two companies established in July 2010 for IPP business*2, has completed the construction of its first solar power generation plant, located in Serragiumenta, Altomonte, Regione Calabria, Southern Italy.
The power generation capacity of the solar power generation plant is 5MW, using Sharp’s single crystalline solar cell modules. The annual power generation is estimated to be 7.5 million kWh, equivalent to the annual power consumption of approximately 2,800 average Italian households. This will amount to a reduction of 5,800 tons of annual carbon dioxide emissions, and approximately 630 tons of fossil fuel.
ESSE plans to construct multiple power generation plants of over 500MW in total by the end of 2016. Meanwhile, Sharp, EGP, and STMicroelectronics*3 plan to start operation of a thin-film solar cell plant from late 2011. ESSE will establish power generation plants in Europe, especially in the Mediterranean region, the Middle East, and Africa using the thin-film solar cells produced mainly in the plant.
| *1 |
Enel Green Power is a group company of Enel, the largest power company in Italy, dedicated to developing and managing worldwide energy generation from renewable sources in Italy and abroad. |
| *2 |
An independent power producer owns facilities to generate electric power for sales to utilities and end users. |
| *3 |
Europe’s leading semiconductor manufacturer, established in 1987. |
Overview of the Solar Power Generation Plant
| Operator |
Enel Green Power & Sharp Solar Energy S.r.l. |
| Location |
Serragiumenta, Altomonte, Regione Calabria, Republic of Italy |
| Installation |
5MW |
| Area |
12ha |
Overview of Enel Green Power & Sharp Solar Energy S.r.l.
| Company name |
Enel Green Power & Sharp Solar Energy S.r.l. |
| Location |
Rome, Lazio, Republic of Italy |
| Establishment |
22 July 2010 |
| Share holding rate |
EGP 50%, Sharp 40%, Sharp Electronics Italia*4 10% |
| Business description |
Design, construction and management of solar power generation plants |
| Location of the power generation plants (plan) |
Europe, especially in the Mediterranean region, the Middle East, and Africa |
| Total power generation capacity |
over 500MW in total by the end of 2016 |
| *4 |
Sharp Electronics (Italia) S.p.A. is Sharp’s sales company in Italy. |
Solar power generation plant in Southern Italy constructed by Sharp and EGP
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