agriPV

The Italian Ministry of Agricultural, Food and Forestry Policies (Mipaaf) has launched a €1.5 billion (US$1.5 billion) scheme that aims to incentivise the installation of agrivoltaic projects.

Cero Generation, a solar portfolio company of Macquarie’s Green Investment Group (GIG), has closed financing on its first corporate power purchase agreement (PPA)-enabled agrivoltaic project in Italy.

Statkraft Italy has signed a four-year research agreement with the Department of Agro-Environmental and Territorial Sciences (DiSAAT) at the University of Bari Aldo Moro in Italy to explore the potential of agri-photovoltaics (agri-PV) in Europe.

German developer Belectric sees potential in constructing PV plants on agricultural land as a means of helping European countries meet their renewables deployment targets while increasing community acceptance of solar.

Solar manufacturer Heliene and US nanomaterials specialist UbiQD are to collaborate on PV modules aimed at the growing 'agrivoltaic' sector.

A consortium led by Macquarie Asset Management is acquiring French independent power producer (IPP) Reden Solar for an enterprise value of €2.5 billion (US$2.7 billion).

Germany is launching an initiative to support the construction of solar projects on agricultural land, in a move the economy ministry estimates could result in the deployment of 200GW of extra PV capacity.

Raising more than US$1 billion in equity capital in the past year, US independent power producer (IPP) Silicon Ranch is looking to expand its model of developing, owning and operating large-scale PV plants while maintaining a strategy of co-locating projects with regenerative agriculture.

Spanish energy company Iberdrola is to provide technical and financial support to four projects that are focused on promoting the coexistence of solar plants with agriculture, livestock farming and horticulture.

Renewables developer BayWa r.e. and the Fraunhofer Institute for Solar Energy Systems ISE have built a new research project to explore how solar systems can protect plants and fruit from extreme weather.