Falck Renewables SpA and BlueFloat Energy LLC have unveiled plans to build a 1.3 GW floating offshore wind farm off the southern coast of the Lecce province in Italy.
The companies are set to file the documentation required to start the authorization process for the planned Odra Energia project under their equal partnership framework.
The project is expected to produce about 4 TWh of electricity annually, equivalent to the consumption of over 1 million Italian households.
Country updates
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November 01, 2021
Amazon's Climate Pledge Fund invests in Resilient Power, CMC Machinery, and Infinium
Amazon's The Climate Pledge Fund is investing in three more companies working to develop sustainable technologies. The businesses are Resilient Power, a company building electric vehicle charging tech...
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October 25, 2021
Falck SpA divests majority stake to IIF
Falck Renewables SpA and Infrastructure Investments Fund (IIF) have reached an agreement to acquire Falck SpA’s 60% shareholding in Falck Renewables SpA, which will trigger a mandatory cash tend...
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October 21, 2021
Aquila buys majority stake in Powertis' 772 MW Italian solar projects
Powertis has completed the agreement signed with Aquila Capital in December 2020 for the joint development of solar photovoltaic projects in Italy. Throughout 2021, Powertis has formalized the rotati...
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October 14, 2021
Falck Renewables to build 1.2 GW floating offshore wind farm in Italy
Falck 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...
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October 06, 2021
Vestas secures 107 MW of turbine orders for French and Italian wind projects
Vestas has signed a 107 MW turbine deal to supply and install wind turbines to two wind farms in France and Italy. The first order is placed by Boralex and includes the supply and installation of 17...
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