Renergetica, Enel introduce 300-MWp solar collaboration in Italy

• Italian renewable resource firm Renergetica SpA (BIT: REN) has joined the green energy arm of domestic energy Enel SpA (BIT: ENEL) to jointly develop 300 MWp of solar projects in Italy as well as possibly add a lot more in other countries.

The framework agreement in between the companies asks for the growth to be accomplished over the following 3 years, Renergetica stated earlier today. According to the deal's signing, Enel Green Power Italia Srl has acquired the special legal rights to 100 MWp of schemes under advancement in southerly Italy.

Outside their home market, both Italian firms plan to explore the possibility of servicing similar projects in Chile, Colombia and Romania. The total capacity that will be added there over the following three years stands at 150 MWp for each and every country.

"Understanding quite possibly the markets on which we will certainly accomplish the new projects, we are definitely specific of the success of our cooperation with Enel also outdoors nationwide borders," said Renergetica's Stefano Giusto.

Renergetica and Enel Green Power are already partnering in the growth of photovoltaic (PV) projects in northern Italy.