TERNIENERGIA: enhances the photovoltaic business abroad
  • New construction in Greece and South Africa with a total capacity of 16 MWp
  • In the second quarter completed 3 new photovoltaic plants with a total capacity of 2.4 MWp
  • About 30 million kWh of energy produced by Full Equity and JV plants
  • Lucos Alternative Energies initiated the execution of an energy saving intervention in the industrial area lights sector
TerniEnergia, a company active in the renewable energy sector and listed on Star segment of Borsa Italiana, announces that, in line with the objective to internazionalize the PV EPC business internationalization, an industrial sized photovoltaic plant for a total capacity of 6 MWp is in an advanced construction stage in Greece. The plant were performed for a third party, with European utility importance and its vehicle company, without panels supply. 
The Company has also signed a contract with a special purpose vehicle (SPV) owned 100% by a leading European utility, to build a photovoltaic plant for a total capacity of 10 MWp, located in South Africa. The contract involves the construction of the plant in the turnkey mode. The construction will start in the second half of 2012.
TerniEnergia completed  in the second quarter 2012, the construction of n. 3 new industrial sized  photovoltaic plants with a total  installed capacity of 2.4 MWp. The plants located in the regions Umbria and Abruzzo were performed on behalf of third parties and without panel supply. The company has also started the construction of a Full Equity plant with a capacity of 0.75 MWp, located in Lazio region.
Therefore, the total number of PV plants built by TerniEnergia from the beginning of its activity as at June 30th, 2012 increased to 256 with a total capacity of 218.8 MWp (10.4 MWp of which performed in “full equity” and 62.1MWp built in joint venture for Power Generation activity). With reference to 10.4 MWp they were in “full equity”, 3 MWp were sold to third companies while the remaining 7.4 MWp remain fully available to the company. It is pointed out the increase in average power plant installed
Total production in the quarter of Full Equity and Joint Ventures’ energy plants for the power generation business amounted to approximately to 30 million kWh. For the full year 2012, it is estimated that the owned plants will ensure a production of over 80 million kWh. TerniEnergia also highlight that (as communicated to the market on June 29, 2012), the subsidiary Lucos Alternative Energies has started the execution of an intervention to improve energy efficiency, with a third-party financing arrangements, of the lighting of an industrial site owned by a leading international operator. Such an intervention, which involves the complete replacement of around 5 thousand area lights with LED technology and expected energy savings greater than 45%, will require an estimated total investment of € 1.1 million.