Galileo has entered into a joint venture with Hope Group for the development of a 1.1 GW floating wind project located in the Adriatic Sea in Italy. The project named 'Barium Bay, will be located more than 40 km off the coast and encompasses the sea between Barium and Barletta.
The project will have 74 15-MW wind turbines. As a result, it will be capable of capturing speeds fast enough to generate more than 3 billion kWh of energy. According to the joint venture, this equates to the annual electricity consumption of over a million Italian households.
The Barium Bay Joint Venture intends to submit its Environmental Impact Assessment (EIA) application by the summer of 2023. To that end, the Barium Bay Joint Venture is currently completing the necessary technical and environmental studies.
Country updates
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March 09, 2023
Eko Agro Group plans to develop Italian agri-photovoltaics projects
Eko Agro Group (EAG) has signed a preliminary agreement with RWE Renewables Italia to develop 35 Agri-Photovoltaic (APV) sites in Italy, covering approximately 850 ha of agricultural land across sever...
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March 08, 2023
Eni completes the installation of wave energy device connected to grid of Italian island
Eni has installed the world’s first nertial Sea Wave Energy Converter (ISWEC) device that converts wave energy into electricity near an island in Italy. It can produce up to 260 kW of powe...
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February 03, 2023
NTR PLC to equip all of its Europeans wind projects with WindEagle solution
NTR PLC has selected Epsiline's WindEagle solution to be deployed on all its wind projects in Europe, specifically in Ireland, the UK, Italy, Sweden, and Finland in order to monitor and opti...
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February 01, 2023
Enel Green Power sets new record with 5.2 GW of new renewables in 2022
Enel Green Power (EGP) has set a new record in 2022 with the development of 5,223 MW of new renewable capacity, including 387 MW of Battery Energy Storage Systems (BESS). Over 80 solar (2,622 MW) and...
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February 01, 2023
Canadian Solar partners with Gardant SGR on CSFS Fund I
Canadian Solar has entered into an agreement to sell a 30% stake in its first Italian alternative investment fund, CSFS Fund I, to Gardant Investor SGR. As the investor of CSFS Fund I, Gardant is the...
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