European power purchase agreement (PPA) prices have surged by a “staggering” 47% year-on-year as the continent’s energy crisis persists with soaring inflation, LevelTen Energy has said.
Italy’s solar sector is a market in flux, with moves by the government to ease development clashing with a clawback of solar profits hampering international investor confidence. Molly Lempriere takes a look at what the new market potential for Italy is and where does it go from here?
German asset manager KGAL Investment Management has acquired a majority stake in Italian renewables developer Baltex Progetti through its fund KGAL ESPF 5.
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.
Enel Green Power (EGP) has signed a grant agreement with the European Commission for a 3GW PV module plant in Catania, Italy, with an R&D commitment to pursue tandem cell production in the coming years.
Italian grid operator Terna will invest €9.5 billion (US$10.45 billion) to help improve the country's national transmission grid and build cross-border interconnections, paving the way for easier access for renewables.
Italian independent power producer (IPP) ERG will scale up its European PV portfolio as it aims to almost double its installed renewables capacity in the next five years.