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 of energy annually, exclusively from ERG's renewable power plants. Under this agreement and the existing one, TIM's agreements with renewable energy suppliers will now account for more than a third (34%) of its energy purchases in Italy.
Currently, TIM is the second-largest energy consumer in Italy and had covered 46% of its domestic energy consumption from renewable sources as of December. The company is proactively shifting toward green energy and aiming to fully rely on it by 2025.
ERG SpA generates energy mostly from wind, solar, hydroelectric, and thermoelectric sources. The company operates in Italy, with a significant and growing presence in France, the UK, Germany, Poland, Spain, Sweden, Romania, and Bulgaria.
Country updates
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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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April 24, 2023
EDPR, P&G sign 109 MW Italian solar PPA
EDP Renováveis has entered into a power purchase agreement (PPA) with multinational consumer goods company Procter & Gamble (P&G). Under the agreement, P&G will purchase 109 MW of s...
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April 19, 2023
Enfinity signs solar PPA with Statkraft for Italian clean energy commercialization
Enfinity Global Inc. (EG) has signed a long-term Solar Power Purchase Agreement (PPA) with Statkraft to commercialize 34 GWh/year of clean electricity in Italy. This agreement will complement the clos...
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April 13, 2023
Glennmont Partners completes acquisition of 65 MW solar portfolio in Basilicata
Glennmont Partners, an affiliate of Nuveen Infrastructure, has completed the acquisition of seven solar photovoltaic (PV) projects located in southern Italy and has a combined capacity of 65 MW.&...
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