March 14, 2018 21:11

Italy's Maresca Launches Photovoltaic Station in Iran

Carlo Maresca launched a 10-megawatt solar power plant costing €8 million ($9.9 million) on the southern Iranian island of Qeshm, which comprises an initial phase of the company’s plan to produce 50 MW of renewables

The plant is built using 30,000 solar panels on an area of 20 hectares on Qeshm Island.

Italy's Carlo Maresca has launched a 10-megawatt solar power plant on the southern Iranian island of Qeshm.
The plant was officially inaugurated on Tuesday by Fabio Maresca, chairman of the Italian company, during a ceremony attended by Italy's Ambassador to Iran Mauro Conchatori, IRNA reported.
"The plant is built using 30,000 solar panels on an area of 20 hectares to produce 17 million kilowatts of electricity annually," Maresca said.
Costing €8 million ($9.9 million), the plant is in an initial phase of the company's plan to produce 50 MW on the southern island.

Premium

Subscribe to the Financial Tribune to continue reading this article or Log in to your account if you are already a subscriber.