Premier Power 20MW project in Southern Italy underway, country set for global ranking upgrade

Facebook
Twitter
LinkedIn
Reddit
Email

Premier Power Renewable Energy has made progress on the first phase of its 20MW solar pipeline in located in the Puglia region of southern Italy. This is the first in a series of projects valued in excess of US$100 million that are being developed as a result of Premier Power’s acquisition of Arco Energy in July this year.

The project will use crystalline modules provided by Canadian Solar and inverters from Power One. The Puglia installations will utilize environmentally friendly racking, ensuring minimal disruption to the land and surrounding environment.

“Italy is no doubt the hottest market in the world today and we are excited to be in the center of the action and perfectly positioned for outstanding growth over the next 12 to 24 months,” said Miguel De Anguin, COO of Premier Power. “Premier Power has moved a number of its senior managers from the US to Italy in order to assist the local Italian team in meeting the growing demand.”

Gestore dei Servizi Elettrici (GSE), the state-run Italian power management agency, expects total installed PV power in Italy will reach 900MW by the end of 2009, representing 100% growth compared to 2008 and a potential market size of over €4 billion. GSE expects the Italian market to grow to 1500MW in 2010. The €0.35-0.49/kWh feed-in tariff rate in Italy will be a significant incentive for the uptake of solar PV in the country, providing a platform for Italy to move into second spot in the market globally, behind Germany.

“We are very excited to have broken ground on our first solar project in Italy as Premier Power,” said Marco Pulitano, CEO of Premier Power Italy, and formerly CEO of Arco Energy. “Italy is expected to experience tremendous growth over the next several years and we are poised to benefit from that growth. Premier Power’s expertise in the design, engineering and construction of commercial and utility scale solar systems, coupled with Arco Energy’s portfolio of permitted projects in Italy, positions Premier Power to capitalize on these opportunities and become a leader in this fast-growing market.”

The Company expects the first fixed ground mount solar installation to be completed by October.

23 August 2022
Intersolar South America, South America’s largest exhibition and conference for the solar industry, takes place at the Expo Center Norte in São Paulo, Brazil, on August 23–25, 2022, and has a focus on the areas of photovoltaics, PV production and solar thermal technologies. At the accompanying Intersolar South America Conference, renowned experts shed light on hot topics in the solar industry. In 2021 – despite the Covid-19 pandemic – Intersolar South America welcomed more than 28,000 visitors and over 1,000 conference attendees over 3 days. 200+ providers showcased their products. Combining local and international expertise, Intersolar South America brings together the PV and solar thermal sector to discuss the current status and strategic trends for Latin American PV markets, as well as technology innovations and new business opportunities. Overall, distributed generation is still driving momentum in the Brazilian market. Get 10% off with code 38LCF6KN
6 September 2022
Intersolar Mexico sits at the cross-section of photovoltaics, solar heating & cooling technologies, and energy storage. The event serves as the industry’s go-to source for invaluable technology trends and premier B2B contacts in the promising Mexican solar market. From September 6–8, 2022 Intersolar Mexico together with the co-located The GREEN Expo® and Aquatech Mexico will take place in Centro Citibanamex, Mexico City.
7 September 2022
The demand for rooftop solar PV is soaring, driven by falling costs of the technology against energy crises that are gripping countries globally. But while an increasing number of households turn to solar to generate their own electricity, there is now a need for more specialist equipment, technologies and services to ensure the solar transition can reach as many customers as possible. Delivering these is now a major challenge for rooftop solar installers. This webinar will analyse the characteristics of the rooftop solar market, discussing how the products, logistics, installation and servicing of solar systems has evolved in line with consumer demands.
14 September 2022
Join us in London for 2 days as we look at the UK’s new landscape for utility & rooftop solar. Understand the new opportunities within this GW-plus annual market!
15 September 2022
Bifacial PV modules will be the dominant solar PV technology globally within one or two years; in the utility-scale sector, their market share is already above 70%. This webinar will provide a clear view on the successful implementation of bifacial technology, maximizing system performance and minimising LCoE.
19 September 2022
RE+ 2022 is the umbrella event that includes SPI, ESI, RE+ Power, and RE+ Infrastructure. As North America's largest renewable energy event, it's a catalyst for industry innovation that's supercharging business growth in the clean energy economy.

Read Next

August 16, 2022
Chinese module manufacturer Risen Energy’s Hyper-ion module series has been tested and certified by German testing company TÜV SÜD.
August 16, 2022
US residential solar installer Sunnova plans to offer a US$425 million private placement of convertible senior notes due in 2028, to pay off debts and fund operating costs.
August 16, 2022
LevelTen Energy, a US firm that has developed a platform for renewable energy asset transactions, has launched new software that provides power purchase agreement (PPA) price data.
August 16, 2022
US solar product manufacturer Shoals Technologies Group saw record revenue and gross profit in the second quarter of 2022 due to strong demand for its combine-as-you-go system and a large number of new customers buying up components.
August 16, 2022
Australia’s Northern Territory has struck a deal with French energy major Total Eren to develop a 1GW green hydrogen project in the city of Darwin that will be powered by 2GW of solar PV.
August 16, 2022
Heterojunction cell and module producer Meyer Burger has secured European-made silicon wafers through a new supply agreement with Norwegian Crystals.

Subscribe to Newsletter

Upcoming Events

Upcoming Webinars
September 7, 2022
15:30 AEST (UTC +10)
Solar Media Events
September 14, 2022
London
Solar Media Events
October 4, 2022
New York, USA
Solar Media Events
October 11, 2022
Virtual event