Through the joint venture, Italian Renewable Platform, the partnership aims to own, develop, build and operate up to 250MW of renewable energy projects in Italy, including a portfolio of solar PV projects.
Developer Fotowatio Renewable Ventures (FRV) Australia has acquired a 190MW hybrid solar PV and energy storage project in Victoria from Acen Australia.
A study from consultancy LCP Delta has underlined the importance of flexibility to Europe’s energy transition as the dominance of renewable energy generation grows.
Under the terms of the agreement, the PV plant will provide renewable energy at a volume to achieve 100% renewable energy for NCIG’s Kooragang Island facility from 2030 onwards.