SunRay Renewable Energy has begun construction work on a photovoltaic plant in Italy. The Montalto di Castro plant is being managed through a company called Cassiopea PV, a subsidiary of SunRay Renewable Energy. With a peak power rating of 24MW from the installation of around 80,000 solar panels, the Montalto di Castro plant will be capable of producing over 40,000MWh of energy per year from renewable sources. The plant will avoid the emission of more than 22,000tns of CO2 per year, substantially contributing to achieving Italy’s targets under the Kyoto Protocol.