The European Commission has allocated EUR308 million (US$326.83 million) for the 600 MW ELMED transmission project between Italy and Tunisia.
The project will be developed by Terna and STEG and will include a subsea high-voltage cable with a maximum depth of 800 m and a length of 200 km. The link, which will require a total expenditure of approximately EUR850 million (US$902.6 million), is anticipated to enhance energy security, promote the integration of the European and African electricity markets, and boost renewable electricity output in Europe.
The grant given to the ELMED interconnector project is part of a EUR600 million (US$637.3 million) package for energy infrastructure to support the European Green Deal and REPowerEU.
The Italian authorities for State Maritime Concession have granted the initial application submitted by AvenHexicon to develop a 1,200 MW offshore wind farm project outside of Porto Empedocle in south Sicily, Italy.
Read moreBlueFloat Energy and Falck Renewables have joined hands to codevelop a 975 MW Floating Offshore wind farm off the northeastern coast of Sardinia, Italy.
Read moreIngeteam has been chosen as the technology partner to equip the 70 MW/340 MWh battery energy storage system (BESS) in Northern Italy.
Read moreFalck Renewables announces an equal partnership with BlueFloat Energy for the development of floating offshore wind farms off the Italian coast and the start of the authorization process for the first project in Puglia, called Kailia Energia, in the waters of Brindisi.
Read moreCopenhagen Offshore Partners, with the financial backing of Copenhagen Infrastructure Partners, is planning to develop a 250 MW floating offshore wind farm of the shore of Sicily. The farm will be the first floating wind farm in the Mediterranean and will be located in the strait of Sicily off the south-western coast of the island near Marsala in Trapani province.
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