Reden, E4SY to jointly include 300 MWp of solar in Italy
- French power manufacturer Reden Solar SAS has joined Milan-based Energy 4 Synergy SpA (E4SY) to jointly establish and also mount a portfolio of a minimum of 300 MWp of projects in Puglia, southerly Italy.
The three-year partnership agreement will see the firms deploy the capacity in 3 phases of 100 MWp per year, Reden said on Friday. The duo will certainly look for to finish all projects by the end of 2027.
Under the arrangement, E4SY will take care of all technical as well as ecological research studies, as well as administrative procedures with pertinent authorities. Reden's task will certainly be to handle the construction, maintenance as well as operation of the solar (PV) parks.
The solar ranches' result will either be offered under tenders held by Italian energy system driver GSE or under power purchase agreements (PPA).
For Reden, the partnership with E4SY is viewed as an opportunity for the French company to broaden its company in Italy as well as boost its co-development method, making use of the "high potential" because market. Reden has actually been operating the Italian market since end-2021 and also now has over 312 MWp of projects at the current stage of growth or unfinished, plus a pipe completing 500 MW.