Edison secures PPA for Italian solar parks

• Edison SpA partners with Chiron Energy for five new solar parks in Northern Italy, boosting renewable energy goals.

Italian energy supplier Edison SpA has signed a power off-take deal with solar developer Chiron Energy for the construction of five photovoltaic parks in Northern Italy. The power purchase agreement (PPA) will see Edison procuring the entire power production and guarantees of origin for up to 10 years from the solar parks, which will have a combined estimated output of about 50 GWh annually.

The solar farms, to be located in Lombardy, Friuli-Venezia Giulia, and Veneto regions, are expected to be operational by the first half of 2025. This agreement follows a previous contract between Edison and Chiron in 2022, which led to the installation of eight solar farms in Piedmont and Veneto generating approximately 45 GWh of power annually. These initiatives align with Edison's goal of having renewables make up 40% of its power production mix by 2030.

What is the latest solar power deal signed by Italian energy supplier Edison SpA?

• The latest solar power deal signed by Italian energy supplier Edison SpA is a power off-take agreement with solar developer Chiron Energy for the construction of five photovoltaic parks in Northern Italy.
• The power purchase agreement (PPA) will see Edison procuring the entire power production and guarantees of origin for up to 10 years from the solar parks, which will have a combined estimated output of about 50 GWh annually.
  
• The solar farms will be located in Lombardy, Friuli-Venezia Giulia, and Veneto regions and are expected to be operational by the first half of 2025.
• This agreement follows a previous contract between Edison and Chiron in 2022, which led to the installation of eight solar farms in Piedmont and Veneto generating approximately 45 GWh of power annually.
• These initiatives align with Edison's goal of having renewables make up 40% of its power production mix by 2030.