Italy

Energy company ERG's board of directors have authorized a plan to invest EUR1.9 billion (US$ 2.31 billion) to add 1.5 GW of renewable resource ability to its portfolio.

The solar module production subsidiary of Italian utility Enel is intending to scale up annual production capability to 3GW in the second fifty percent of 2023, the company has actually confirmed.

Lightsource bp in Italy remains to enhance its utility range solar portfolio by getting 3 projects from Horizon Firm, a trusted programmer specialized in solar, totalling 156MWp throughout the country.

Two PV projects on Sicily and one in Apulia are expected to reach ready-to-build condition in 2022

Italy's Ecology Transition Minister Roberto Cingolani disclosed the other day that the nation will need to produce as much as 72% of its electrical power with sustainable sources in 2030 so as to satisfy the European emissions-reduction target of 55% collection for the very same year.

German Photovoltaik-Institut Berlin AG (PI Berlin) anticipates a second photovoltaic boom in Italy. "A growing number of capitalists from Europe as well as likewise from Italy wish to buy or construct PV power plants," says Steven Xuereb, Director of Sales and also Project Delivery at PI Berlin.

The surge in solar capability in the past years, especially because 2015, has been out there for all to see. It was simply a few years back in 2012 that the world commemorated covering the 100 GW mark in solar. Contrast that with 2021, when the globe expects to include 150 GW in just the year itself!

Renewables investor Cubico Sustainable Investments has finished its acquisition of a European 272MW solar energy platform called Grupo T-Solar from I Squared Capital.

German renewables firm Blue Elephant Power AG has actually tied up with Italian solar project designer Green Future Srl to jointly service the growth of a 119-MWp photovoltaic or pv (PV) portfolio in Italy.

Denmark-based renewables financier and asset manager Obton A/S today claimed it has actually obtained regarding EUR 22 million (USD 26m) in mezzanine financial debt for a solar portfolio in Italy with a total capability of over 20 MWp.

Grid secondary services in markets including the UK, Italy as well as Nordics are driving growth, states report from EASE

Poland's R.Power is seeking to ramp up its solar advancement initiatives in Italy, where the firm has actually secured a portfolio of projects totalling more than 160MWp in the last six months.

Oil group Eni and also Italian state loan provider Cassa Depositi e Prestiti (CDP) have actually developed a joint venture (JV) that will spend more than EUR800 million (US$ 953 million) in Italy's renewables sector by 2025.

Two types of products are far better than one when it comes to solar cells, as exposed by an international team that has actually checked a new mix of products and also design to boost solar-cell effectiveness.

Alternus Energy Group has introduced its purchase of solar operator KKSOL as well as its 557kW-peak rooftop photovoltaic solar plant in Acona, Italy.