Investor FitzWalter companions with European solar team to pursue 5GW capacity target
- Investment firm FitzWalter Capital has partnered with newly-formed solar designer Peridot Solar to create as well as build 5GW of capacity by 2026.
With a present pipeline of 1GW of projects between Italy (545MWp) as well as the UK (431MWp), the developer has a team concentrated on advancement, building and operation of solar PV throughout Europe.
It has acquired a first portfolio of solar PV projects from Kingdom Power and also P&T Global Renewables which are presently in growth.
Furthermore, it gets on track to start construction on 120MW of solar PV plants in Italy and also 60MW in the UK this year.
Massimo Sapienza, taking care of director at Peridot Solar, claimed: "Solar can reduce power dependence on Russia in the short-to-medium term as well as generate clean power. To capitalize on this chance as well as belong to the solution, it is necessary to create projects throughout Europe."
