SAG Solarstrom gets 12MW of Italian 48MW project connected: sale imminent

Facebook
Twitter
LinkedIn
Reddit
Email

A 48MW project in Northern Italy worth several hundred million Euro is close to being sold by project developer SAG Solarstrom, after a 12MW section of the PV power plant was connected to the Italian grid via a new transformer substation specifically for the project. Italian Terna, which has already performed the technical acceptance and commissioning, is said to be planning to purchase the substation.

The connection means that the 12MW section is valid to receive the existing feed-in tariff rate of €0.297 per kWh. To avoid imminent FiT changes, SAG Solarstrom said that it had accelerated the construction timeframe over the past few weeks.

This article requires Premium SubscriptionBasic (FREE) Subscription

Unlock unlimited access for 12 whole months of distinctive global analysis

Photovoltaics International is now included.

  • Regular insight and analysis of the industry’s biggest developments
  • In-depth interviews with the industry’s leading figures
  • Unlimited digital access to the PV Tech Power journal catalogue
  • Unlimited digital access to the Photovoltaics International journal catalogue
  • Access to more than 1,000 technical papers
  • Discounts on Solar Media’s portfolio of events, in-person and virtual

Or continue reading this article for free

Occupying a 150-hectare site, the full 48MW plant should be completed by the end of August, according to the company, and would be expected to generate 64,000MWh of electricity per year.

“We have reached an important milestone in this project with the completion of the entire required infrastructure and the connection to grid of the first 12MWp,” noted Karl Kuhlmann, CEO of SAG Solarstrom. “Connection to the grid in Italy is still a major challenge for several photovoltaic projects. It is therefore all the more gratifying that we have been able, under these by no means easy market conditions, to implement the connection even earlier than originally planned.”

Read Next

April 29, 2025
Chinese solar manufacturing giant JinkoSolar posted net losses of US$181.7 million in the first quarter of 2025 amid low product prices and “changes in international trade policies.”
April 29, 2025
The recent domestic content regulations and trade policies have prompted caution in the US from suppliers for long-term projections, according to a report from Anza.
April 29, 2025
Reassessing the role distributed solar operators have to play in minimising cybersecurity risks is key to Europe's solar cybersecurity.
April 29, 2025
Developer Nexamp has closed a US$340 million debt refinancing for a portfolio of distributed solar and energy storage projects in the US.
Premium
April 29, 2025
“There is an adjustment in the industry [where] there are cycles,” explains Laura Fortes, senior manager for access to finance at GOGLA.
April 29, 2025
Solar cannot be regarded as a 'set and forget' technology and must be fully maintained to prevent systemic underperformance.

Subscribe to Newsletter

Upcoming Events

Media Partners, Solar Media Events
May 7, 2025
Munich, Germany
Solar Media Events
May 21, 2025
London, UK
Solar Media Events
June 17, 2025
Napa, USA
Solar Media Events
July 1, 2025
London, UK
Solar Media Events
July 1, 2025
London, UK