The last lines are connected in November 2010 and Europe’s largest photovoltaic plant now produces energy to cover more than 16,500 households needs. The CO2 savings is equivalent to a reduction of 40,000 tons or the equivalent of removing 8,000 cars from the roads. The plant, located in Rovigo in Italy are from several commentators have hailed as a milestone in the global expansion of solar power – not least because of its impressive size. A full 70 megawatt plant is designed for.

The plant was a few weeks before finalizing sold by SunEdison and bank Banco Santander to private equity fund First Reserve Corp.. for just over 2 billion dollars. That makes the deal one of the largest ever in the production of renewable energy.

It has taken less than a year to build solar power plant in Rovigo, and the project is an example of a new approach to modern large-scale PV systems, both technologically and economically.