SunEdison to build major Italian solar park
ROVIGO, ITALY - U.S. solar company SunEdison plans to build a major photovoltaic installation in Italy with capacity exceeding 60 megawatts as it aims to expand in Italy's booming solar market, a source familiar with the project said.
"The facility, which will be on operating by the end of this year, will surpass Spain's Almedilla de Alarcon which has a 60 MW capacity and is considered the biggest operating in the world," the source said.
The project, which will use ground-mounted PV systems that turn sunlight into power, has already obtained all necessary authorizations and the facility will be built in the northern Italian province of Rovigo, the source said.
Top managers of SunEdison, a unit of Silicon maker MEMC Electronic materials Inc, and local Italian authorities will make a presentation for the project.
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FREDERICTON - An effort to fix NB Power's struggling finances that is supposed to involve a look at "all options" will not include a review of the policy that requires the utility to subsidize electricity prices for six New Brunswick pulp and paper mills, according to the Department of Natural Resources and Energy Development.
The program is meant "to enable New Brunswick's pulp and paper companies have access to competitive priced electricity," said the department's communications officer Nick Brown in an email Monday
"Keeping our large industries competitive with other Canadian jurisdictions is important," he wrote, knocking down the idea the subsidy…
