Repsol has planned to develop more than 1.7 GW of renewable energy projects in Italy. The project is estimated to cost around EUR500 million euros (US$550 million). The company plans to eventually grow its renewable capacity to 20 GW by 2030.
Repsol’s plans in Italy include a portfolio of 943 MW of wind power and 825 MW of solar. Construction of the initial projects will commence later this year and early next year, with most of the portfolio becoming operational in 2025. While companies have faced challenges in terms of rising costs and supply chain issues, Repsol remains confident in its investment in renewables and sees the returns as achievable.
Repsol S.A is an integrated global energy company based in Madrid, Spain. It carries out upstream and downstream activities throughout the entire world. It is vertically integrated and operates in all areas of the oil and gas industry, including exploration and production, refining, distribution and marketing, petrochemicals, power generation& and trading.
Country updates
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May 11, 2023
Trailstone, Glennmont sign route to market PPA for 84 MW Italian wind projects
Trailstone Group has signed a route-to-market Power Purchase Agreement (PPA) with Glennmont Partners from Nuveen which involves 84 MW of wind capacity in Italy. With this deal, Trailstone's wind...
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May 11, 2023
Trailstone, Glennmont sign route to market PPA for 84 MW Italian wind projects
Trailstone Group has signed a route to market Power Purchase Agreement (PPA) with Glennmont Partners from Nuveen which involves 84 MW of wind capacity in Italy. With this deal, Trailstone's wind...
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May 10, 2023
Telecom Italia, ERG sign PPA for 200GWh/year of renewable energy
Telecom Italia (TIM) has announced that it has expanded a 9-year power purchase agreement (PPA) with ERG. This is part of TIM's push towards clean energy, and the new agreement will add 200 GWh...
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May 08, 2023
Edison signs contract with Berco for 7.1 MWp solar PV project in Ferrara
Edison Next, a company under the Edison Group, has signed a 20-year onsite power purchase agreement (PPA) with Berco, a ThyssenKrupp Group company specializing in the manufacture of undercarriage comp...
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April 25, 2023
Encavis completes acquisition of two solar projects in Lazio
Encavis AG has completed the acquisition of two ready-to-build Italian solar park projects in the Lazio region, about 100 km Northwest of Rome. The Montalto di Castro solar park will have a gener...
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