Germany-based IBC Solar has sold a solar power project with a generating capacity of 11.2MW in Italy to a fund managed by Allianz Specialised Investments.
The solar park, located at Manzano in the Udine province, covers a surface area of 32 hectares.
As general contractor, IBC Solar was responsible for the planning and development of the power project, together with all licensing requirements as well as its construction.
The company installed more than 47,000 polycrystalline modules (IBC PolySol 230) and 3,600 thin-film hybrid modules at the solar park.
The project is expected to provide approximately 3,750 households with environmentally friendly energy for the next 20 years.