UK Renewable Resource Developer Field Sets Sights on Multi-Gigawatt Battery Projects in Italy

Apr 20, 2023 11:25 AM ET
  • Currently, Field Italia, the firm's new arm developed in Rome, desires broaden its advancement pipeline. With this in mind, it is realising land opportunities. Just recently, the company likewise concluded an investment round of ₤ 77m. It also intends to broaden the team.

UK-based renewable resource developer Field has actually set sights on broadening operations right into Italy. The firm is mulling over the growth of a multi-gigawatt portfolio of battery storage projects across Italy.

Field is looking at the acceleration of the deployment of large-scale battery storage projects in the nation. The firm will check out the procedure of the projects itself as well as will utilize its proprietary power trading platform, Gaia. In the direction of this, it is seeking websites that can confirm to be favourable for battery storage and the announcement of its first project in Italy is anticipated soon.

Currently, Field Italia, the firm's new arm established in Rome, aspires to expand its growth pipe. With this in mind, it is realising land opportunities. Lately, the company likewise ended a financial investment round of ₤ 77m. It likewise wishes to increase the group.

Emanuele Taibi, General Manager at Field Italia, stated, "I'm thrilled to bring my expertise to Field as well as assistance develop its Italian operations. Italy's eco-friendly potential as well as facility location makes battery storage a perfect modern technology to accelerate the decarbonisation of its power system as well as we really hope that the incoming guideline will aid to start what can turn into one of the top 3 markets for storage space in Europe." He further included, "Power shift is my enthusiasm and it's an advantage to be joining a talented group of colleagues that are similarly as identified to make the change a truth. We can attain this by developing, financing, building as well as operating the facilities we require to get to net zero, starting with battery storage space."

Field Ceo Amit Gudka said that for Field's procedures in Italy create a key market as the firm looks at international growth. "Italy has great prospective as well as a clear need for battery storage, and with the appropriate law might come to be a leading market in Europe's energy change," he ended.

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