Clearvise Expands Solar Portfolio with Sardinia Project Acquisition

Apr 15, 2024 12:25 PM ET
  • Clearvise AG secures rights to 16.1-MWp solar project in Sardinia, part of larger Italian expansion. Shovel-ready in 2025, with more projects in the pipeline.

German independent power producer Clearvise AG has acquired the rights to a 16.1-MWp solar park project on the Italian island of Sardinia. The purchase is part of a development cooperation agreement covering five Italian ground-mounted solar projects with a total planned capacity of around 125 MWp. The project in Sardinia is expected to be shovel-ready in the first quarter of 2025 and will be installed at an industrial site.

Clearvise's market entry in Italy is progressing well, with the development of the other four projects in the pipeline also moving forward. The company aims to launch the construction of the solar park in Sardinia next year, with construction and commissioning of all five projects expected to take place in 2025/2026. CEO Petra Leue-Bahns expressed confidence in the progress of the projects thanks to the experience of their cooperation partner.

The acquisition of the rights to the 16.1-MWp solar project in Sardinia marks Clearvise's expansion into the Italian market, with plans for further development in the country. The company's clearPARTNERS concept allows them to take possession of each project in the portfolio, demonstrating their commitment to renewable energy projects in Italy. The advanced development stage of the Sardinia project indicates a promising future for Clearvise's presence in the Italian solar energy sector.

What is Clearvise AG's strategy for expanding into the Italian solar market?

  • Clearvise AG's strategy for expanding into the Italian solar market involves acquiring rights to multiple solar projects in the country, with a total planned capacity of around 125 MWp.
  • The company aims to launch the construction of the 16.1-MWp solar park project in Sardinia in the first quarter of 2025, with construction and commissioning of all five projects expected to be completed by 2025/2026.
  • Clearvise's market entry in Italy is progressing well, with the development of the other four projects in the pipeline also moving forward.
  • CEO Petra Leue-Bahns expressed confidence in the progress of the projects thanks to the experience of their cooperation partner.
  • The acquisition of the rights to the 16.1-MWp solar project in Sardinia marks Clearvise's expansion into the Italian market, with plans for further development in the country.
  • Clearvise's clearPARTNERS concept allows them to take possession of each project in the portfolio, demonstrating their commitment to renewable energy projects in Italy.
  • The advanced development stage of the Sardinia project indicates a promising future for Clearvise's presence in the Italian solar energy sector.

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