EU Commission Approves Italian Scheme To Support 4590 MW RE Production

European Commission recently approved the Italian State aid scheme that is expected to support electricity production from renewable energy sources. The European Commission has approved the aid, under EU State aid rules, an Italian scheme. This would extend support to 4590 MW new capacity for electricity production from renewable energy sources. The scheme was developed […]

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Recurrent Energy Secures €1.3 Bn For European RE Projects

Recurrent Energy, a subsidiary of Canadian Solar secured a multi-currency credit facility valued at up to €1.3 billion with ten banks for renewable energy projects in several European countries Recurrent Energy a developer and an owner of solar and energy storage assets secured the credit for the construction of renewable energy projects in several European countries. […]

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Italy’s Solar Ban On Agri Land- Not As Bad As It Sounds

A recent ruling by the Italian government to ban solar PV installations on agricultural land has been met with howls of protest by the country’s solar trade association which has claimed it would cost Italy as much as €60 billion (US$64.5 billion). We believe the protests are unfair at this stage. Keep in mind that […]

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Greece-Based Electric Utility Firm To Develop 2GW Solar Farm In Europe

European Electric Utility firm PPC Group and Greek metal company MYTILINEOS Energy & Metals have announced that they have signed a Cooperation Framework Agreement (CFA) for the development and construction of a portfolio of solar projects up to 2000MW in Italy, Bulgaria, Croatia, and Romania. According to a media statement by PPC Group, the value […]

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RPC, Altea Green Power Ink Deal For 1GW Storage Project In Italy

Renewable Power Capital (RPC) and Altea Green Power have entered into a development partnership for 1GW of battery energy storage in Italy. Through this partnership, RPC adds a new jurisdiction to its fast-growing European storage pipeline – which now stands at more than 5.5GW, according to a media statement by Renewable Power Capital. The development […]

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SolarDuck, Green Arrow Capital Join Hands For 540 MW Hybrid Offshore Wind-Solar Farm In Italy

Dutch-Norwegian cleantech company SolarDuck, Italian Independent Asset Manager Green Arrow Capital, and Italy-based developers New Developments s.r.l have agreed to collaborate on the development of 120MWp Offshore Floating Solar Photovoltaic (OFPV) farm integrated with a 420MW Floating Offshore Wind (FOW) project in Corigliano, Calabria, Italy. According to a press release by SolarDuck, the project will […]

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India Inches Closer To IEA Full Membership: Report

India, which first joined the International Energy Agency (IEA) family as an association country in 2017, is set to become its full-time member. Ministers from the International Energy Agency’s member countries recently announced their plans to start discussions with India on the Indian government’s request to become a full IEA member, recognising the country’s strategic […]

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Neoen Starts Building 24.7 MWp Three Solar Farms in Italy

Neoen, a renewable energy production company, launched the construction of its first three assets in Italy in December 2023. These three solar farms, with a combined capacity of 24.7 MWp, are located in Lombardy (8 MWp and 7.6 MWp), and Marche (9.1 MWp). The contract for their construction has been awarded to solar EPC system […]

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Emeren Reaches 1 GW Storage Milestone in Italy

Emeren Group Ltd , a leading global solar project developer, owner, and operator, has announced the successful sale of additional two Battery Energy Storage Systems (BESS) in Italy to Matrix Renewables (“Matrix”). This transaction follows the Company’s commitments outlined in the proprietary Development Service Agreement (DSA) signed jointly in June. Within just six months, Emeren […]

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