Italian JV to establish 300 solar farms

• Innovo Group and also Solarfields subsidiary SF Grid Parity will develop the very first projects on Sardinia

Innovo Group and also Solarfields subsidiary SF Grid Parity have actually developed a joint venture to establish 300 solar farms in Italy and 2 power storage projects.

The JV, Innovo SF, is 51% had by Innovo and also 49% by SF.

Solarfields Sette will certainly serve as designer for the pipeline projects.

The first pipe consists of 18 solar projects under advancement in Sardinia, with a complete capacity of about 83MW, as well as 2 storage space plants in Sicily with a complete capacity of 100MW.

Law firm Watson Farley & Williams encouraged Solarfields Group on the joint venture and development agreement.

Legance functioned as Innovo's legal counsel.