Solar start-up SolFocus on Monday said it has signed an agreement in Greece to produce electricity from its concentrated solar arrays.
The installation will produce 1.6 megawatts, enough to power about a town of about 2,500 residents at any given moment. Renewable-energy developer Samaras Group will head the installation, which is expected to be completed in the spring of 2009.
SolFocus, formed in 2006, is one of the leading companies in a race to validate concentrated photovoltaic (CPV) technology for utility use. It already has a handful of customers, including some in Spain.