ENCAVIS acquires ready-to-build (RTB) 30 MW Pozzolo solar park project in Italy
Encavis has taken over the 30 MW Pozzolo solar project in Piemont, in the north of Italy.
The solar park produces an annual average of approximately 42 gigawatt hours (GWh) of electricity and is scheduled to be integrated into the grid in Q2 of 2025. Project revenue will be guaranteed through a long-term power purchase agreement (PPA) featuring a pay-as-produced structure for a decade, calculated based on 75% of the solar park's generation capacity. The solar modules within the park are installed on uniaxial trackers, enabling them to track the sun's daily path. Stern Energy will serve as the operations and maintenance (O&M) service provider for the solar park from its commissioning.
Country updates
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November 23, 2023
European Energy sells stakes in Sicilian solar sites
European Energy has divested two solar farm projects to Sosteneo in Mineo, Sicily, Italy. The combined capacity of these renewable energy projects amounts to 231 MW, and both are situated in Sicily....
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October 19, 2023
Plans announced for 1 GW subsea interconnection cable project
Italy and Greece authorities have announced plans for a 1 GW subsea interconnection cable that will connect a new converter station in Galatina, Italy, with a station in Thesprotia, Greece. The...
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October 12, 2023
PPA signed to sell power generated from 150 MW Tuscania solar project
German investment firm KGAL has signed a ten-year power purchase agreement (PPA) with Italian utility and EDF subsidiary Edison to sell power generated from the 150 MW Tuscania solar project in Lazio,...
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September 19, 2023
Ardian takes ownership of ICQ Holding in Italy
Ardian has acquired 100% of ICQ Holding, a diversified renewables platform with 198 MW of capacity, including 109 MW currently in operation and 89 MW under development, in Southern Italy. The ICQ Hol...
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July 24, 2023
BKW completes acquisition of 130 MW wind farms in Puglia
BKW has completed the purchase of two wind farms with a combined capacity of 130 MW located in Cerignola, Puglia, Italy. The wind farms will enter the construction phase in 2024 and are pl...
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