Project Focus: 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

October 8, 2025
Saatvik Green Energy has secured new solar PV module orders worth more than INR7 billion (US$84 million), to be delivered in this financial year.
October 8, 2025
Australia's NEM achieved a new minimum operational demand record of 9,666MW, marking a 4% decrease from the previous record.
October 8, 2025
Frontier Energy plans to expand its Waroona Renewable Energy Project into a renewable energy precinct by 2031, targeting up to 1GW solar.
October 7, 2025
Econergy will acquire 100% stake in the 155MW Ratesti solar project in Romania, further expanding its European renewable energy portfolio.
October 7, 2025
Juniper Green Energy through its subsidiary Juniper Green Sigma Eight has signed a 70MW power purchase agreement with renewable energy giant Tata Power. 
October 7, 2025
Solar PV will account for almost 80% of the 4.6TW of new renewable power expected to be added by 2030, according to the International Energy Agency (IEA).

Subscribe to Newsletter

Upcoming Events

Solar Media Events
October 21, 2025
New York, USA
Solar Media Events
November 25, 2025
Warsaw, Poland
Solar Media Events
December 2, 2025
Málaga, Spain
Solar Media Events
February 3, 2026
London, UK