Platina Partners buys 10MW of solar PV projects in Italy

Facebook
Twitter
LinkedIn
Reddit
Email

Platina Partners has finalized its acquisition of 10MW of solar PV projects from the Degennaro Group. The 10 solar PV plants are located in the Puglia region of Italy, are each 1MW and mark the first operational plants in Italy for Platina. Their portfolio now includes 162MW of renewable energy projects in operation, 31MW of those being operational solar PV projects.

Joseph Muthu, partner of Platina Partners, said, “We are delighted with this investment and the
opportunity to work with a strong local partner in the Degennaro Group. We have been seeking the right
opportunity to invest in Italy and see it as one of the key European solar markets. Italy has now surpassed
the US in terms of solar PV installation and this growth has been driven by an excellent support regime. In
Puglia, there are plenty of PV projects with planning consent but no grid connection. Clearly this investment
in operational plant does not suffer from this bottleneck.”

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 first of the ten plants was connected to the grid in November, with all plants expected to be connected by the end of this year. Degennaro Group, an Italian construction company, developed each project, is the engineering, procurement and construction contractor for each and will oversee the operation and maintenance for the ten solar PV projects.

Read Next

September 10, 2025
Japanese solar cell manufacturer Toyo Solar has sold 1.6GW of solar PV cells in the first half of 2025, driving revenue of around US$139 million.
September 10, 2025
The CEFC has said that a coordinated approach to transmission in Pilbara, Western Australia, could save more than AU$30 billion over 25 years.
September 9, 2025
Iberdrola has signed a 77MW power purchase agreement (PPA) with Italian grocery retail group Selex Gruppo Commerciale.
September 9, 2025
Nautilus and Summit Ridge Energy secured major financing deals to expand community solar projects across multiple US states.
September 9, 2025
The US is forecast to reach between US$55-60 billion in clean energy tax credit monetisation in 2025, according to a report from clean energy financing technology platform Crux.
September 9, 2025
The average price of solar modules sold in Europe fell marginally between July and August, while buyers’ confidence remained steady.

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