Canadian Solar, Manni Energy finalize sale of 17.7 MWp solar PV project in Sicily to Sonnedix
Canadian Solar Inc. and Manni Energy have closed the sale of a 17.7 MWp portfolio in Italy to Sonnedix. The companies expect to recognize revenue from the sale in the first quarter of 2020. The portfolio of five solar PV plants in Sicily has been operational since February 2020.
The energy produced is sold to TrailStone Renewables GmbH through a recently signed 10-year PPA. This is one of the longest PPAs for subsidy-free solar portfolios in Italy to date. These solar plants are expected to produce approximately 34 GWh of clean energy per annum, equivalent to providing approximately 12,000 Italian households with clean solar energy.
Country updates
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March 13, 2020
Alerion completes the acquisition of three wind farms in Southern Italy
Alerion Clean Power S.p.A. approved and finalized the acquisition of the entire share capital of FW Holding S.r.l. (FW), owner of two wind parks in operation, with a total installed capacity of 90 MW...
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March 03, 2020
Tages Helios II reaches EUR104m second close, acquires 14.5 MW Italian solar portfolio
Tages Capital SGR has achieved EUR104 million (US$115.89 million) second financial close for its Tages Helios II fund that seeks to invest in solar energy projects in Italy. The Fund has also c...
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February 11, 2020
Eni opens 31 MW Porto Torres solar PV project in Sassari
Eni New Energy, a subsidiary of Eni, has opened its new photovoltaic park in Porto Torres. The plant has a capacity of 31 MW and was developed on areas owned by Eni Rewind, Eni’s environmental c...
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January 31, 2020
F2i launches sale of minority stake in EF Solare Italia
Italian private equity firm F2i SGR SpA has launched the sale of a 30% minority stake in the EF Solare Italia. EF Solare Italia owns solar assets in Italy with a combined capacity of more than 850 MW...
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January 30, 2020
RWE commissions 57 MW Morcone onshore wind farm in Benevento
RWE has put the Morcone onshore wind farm near Naples (Italy) into full operation. The plant has 19 turbines whose rotor blades reach a height of 140 metres. With a total capacity of 57 MW, the wind f...
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