Netherlands-based solar energy services firm GiraSolar has made the first of several deliveries on a $10.3 million supply contract to Alternativa Energetica, a solar project developer in Spain.
The company said that pre-payments have been received in full and the first significant deliveries to Alternativa Energetica, a photovoltaic (PV) project developer in Spain, have been made.
GiraSolar said that project installation is expected to progress favorably during the coming months with follow-up deliveries planned until the end of the first half of 2008.
James Miller, CEO of GiraSolar, said: We believe that the entry into and execution of new supply contracts proves that the GiraSolar group is able to maintain a strong position and establish a national presence in Spain through its sales support branch that was established last year, intensive networking and strategic partners in the market, despite increased and intense competition on the Spanish market since the company’s entry in 2006.