Mytilineos signs 63MW solar PV PPA with Statkraft in Italy

Facebook
Twitter
LinkedIn
Reddit
Email
The greek developer currently has 127MW of solar PV under construction in Italy. Image: Mytilineos.

Developer Mytilineos has signed a 10-year power purchase agreement with energy giant Statkraft for four solar farms in Italy with a total capacity of 63MW.

Located in the Italian regions of Emilia Romagna, Lazio and Campania, the projects are currently under construction by the Greek developer and expected to be operational in different stages across 2023 and Q1 2024.

This article requires Premium SubscriptionBasic (FREE) Subscription

Try Premium for just $1

  • Full premium access for the first month at only $1
  • Converts to an annual rate after 30 days unless cancelled
  • Cancel anytime during the trial period

Premium Benefits

  • Expert industry analysis and interviews
  • Digital access to PV Tech Power journal
  • Exclusive event discounts

Or get the full Premium subscription right away

Or continue reading this article for free

The power from the solar plants will be used by Statkraft to offer industrial and commercial companies tailor-made green power solutions.

Nikos Papapetrou, executive director at Mytilineos’ M Renewables, said: “Italy is becoming a mature PPA market with different off-taking options ranging from large international utilities to big and smaller local corporations. ”

The Greek developer is currently building 127MW of solar PV projects, with 62MW of the total capacity securing a 20-year contract for difference with Italian state-owned energy management agency GSE for a price of €65.17/MWh (US$69.97/MWh).

Its Italian portfolio currently sits at 2GW of projects in development with plans to add 1GW during the current year.

Furthermore, the company’s renewables and storage department recorded its best ever sales quarter in Q3 2022 driven by its build, operate and transform business model.

Read Next

September 2, 2025
Scatec has signed a 15-year power purchase agreement (PPA) with BTG Pactual Comercializadora de Energia to develop a 130MW solar project in Colombia.
August 27, 2025
Norwegian energy company Statkraft has sold its Netherlands solar portfolio of 120MWp to Dutch renewable energy supplier Greenchoice.
August 20, 2025
Italy’s cumulative solar installations have exceeded 40GW, with more than two million solar systems now in operation in the country.
Premium
August 14, 2025
JP Casey investigates efforts currently being made to standardise the offtake agreement for the renewable power sector.
August 13, 2025
Madrid-headquartered renewables developer Elawan has signed a 10-year power purchase agreement (PPA) to support a 150MW solar PV portfolio in northern Spain.
Premium
August 6, 2025
PV Talk: LevelTen’s Andrés Acosta discusses how an oversupply of clean projects is shaping Europe’s PPA market.

Subscribe to Newsletter

Upcoming Events

Solar Media Events
September 16, 2025
Athens, Greece
Solar Media Events
September 30, 2025
Seattle, USA
Solar Media Events
October 1, 2025
London, UK
Solar Media Events
October 2, 2025
London,UK
Solar Media Events
October 7, 2025
Manila, Philippines