# SPI Solar to Develop 1 Megawatt Utility-Scale Solar Energy Facility in Rhodope, Greece

- Link: https://greenlivingguy.com/2012/02/spi-1-mw-utility-scale-solar-energy-facility/
- Published: 2012-02-23T18:37:25-05:00
- Author: greenlivingguy

**Roseville, CA, February 23, 2012**—SPI Solar (“[SPI](https://web.archive.org/web/20180111174937/http://spisolar.com:80/)”)(
[OTCBB: SOPW](https://finance.yahoo.com/quote/sopw.ob?ltr=1)), a leading vertically
integrated photovoltaic (“PV”) solar developer and engineering, procurement and 
construction (“EPC”) services provider, announced today that it has successfully
completed the acquisition of the necessary contracts and permits to serve as developer
of a 1 megawatt fixed-ground-mount solar energy facility (SEF) which will be located
in Rhodope Perfecture. It’s in an North Eastern region of Greece. This is SPI’s 
third major solar development in Greece.  In January 2012, SPI announced the second
project, a 2 megawatt SEF which is also located in the Evros region.

# The first project, announced in August, was a 4.4 megawatt SEF located in the Evros region.

The Rhodope SEF will be a fixed-tilt ground-mount utility-scale facility. Moreover
the electricity generated by the Rhodope SEF will be purchased by the Greek Public
Power Corporation (“PPC”). All through a 20-year Power Purchase Agreement (PPA).
In addition, SPI acquired a limited liability corporation to gain interest in, and
become the developer of record for the Rodpoi project.

[⌊SPI Solar to Develop 1 Megawatt Utility-Scale Solar Energy Facility in Rhodope,
Greece⌉⌊SPI Solar to Develop 1 Megawatt Utility-Scale Solar Energy Facility in Rhodope,
Greece⌉[

Source: euronews.green

SPI worked with its local partners SDL Solar (“SDL”) and Global Energy Services 
Ltd. (“GESL”) to identify the build-ready project, perform on-site technical due
diligence and also to provide project oversight during the construction of the SEF.
Once completed, SPI intends to perform operations and maintenance of the facility
over the term of the PPA.

## The SEF will use LDK’s high-performance solar modules.

“This project brings a total of 7.4 megawatts under development by SPI in Greece
in less than a year,” said Stephen Kircher, CEO of SPI. “Greece provides a very 
rewarding environment for us to do business in. This project will produce a net 
economic gain on many levels. It will be owned and operated by private investors
within Greece, and as with all of the SEF developments we engage in, local jobs 
will be created during the construction of the facility. And once completed, the
facility will be producing low-cost, sustainable electricity for decades to come.”
Mr. Kircher concluded.

**A SPI Solar (**[OTCBB: SOPW](https://finance.yahoo.com/quote/sopw.ob?ltr=1)**):**

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 The Green Living Guy, Seth Leitman is an independent power producer, a green living
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