R Power plans 1GW of Italian PV in one year

Jun 24, 2022 02:41 PM ET
  • Agreements signed with landowners in the last month for solar farms of over 100MW
R Power plans 1GW of Italian PV in one year
Image: R Power

Polish developer R Power Group is intending to have over 1GW of solar projects established in Italy within a year.

The company stated that in the past month alone, the business authorized agreements with landowners for PV farms of more than 100MW.

R Power Group growth lead in Italy Jakub Charaszkiewicz said: "R Power has existed on the Italian market for a number of years, we are just developing our first nuclear power plant that won the public auctions at the start of 2022 as well as we see fantastic market prospective precisely thanks to the PV auction system in addition to the expanding area of PPAs.

" Over the following twelve month, our portfolio of projects under advancement is anticipated to get to 1GW.

" We intend to purchase diverse projects-- both geographically and in terms of project size and type.

" These will certainly include both farms on industrial land as well as agrovoltaics projects."

R Power Group said Italy is among the extra encouraging markets for the PV field, not just as a result of the good climatic problems but also as a result of the federal government's passions.

The National Power Growth Plan aims to boost solar energy to 50GW by 2030.

The power decree passed at the end of April, that includes particular farming locations in a streamlined permitting procedure as well as brings the releasing of environmental authorizations for large PV projects under the remit of neighborhood authorities, is likewise unquestionably a major facilitator for project advancement.

This allows the entire process to happen a lot less time than previously, R Power said.

Charaszkiewicz said: "The modifications introduced will undoubtedly radically develop the PV field in Italy and attract brand-new investors.

" However, reaching 50GW of capacity in 2030 will certainly be a significant challenge for the marketplace, requiring teamwork between all stakeholders.

" As an entity with experience and also possessions in lots of markets, our company believe that we can properly support the green improvement of the energy system in Italy."

Source:
renews.biz

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