White Owl Capital is the sole investor in the solar photovoltaic projects, developed in northern Italy.
The systems including 2.6MWp Cremosano, 1.3MWp Dovera and 3.6MWp Palazzo Pignano are located in Lombardy, while the 1.6MWp Polesine 2 and 1.3MWp Polesine 3 solar parks are placed in the Emilia-Romagna region.
All systems were connected to the electricity grid before feed-in tariffs were reduced with effect from 1 September 2011.
Gehrlicher Solar oversaw the entire power project for all five systems, and the company deployed a total of 133,680 First Solar modules at the five solar parks.
In all, a total of 15 inverters from SMA convert the direct current generated into alternating current suitable for the grid.
Together the systems now deliver nearly 12.2 million kWh of green electricity per year.
