italy

Spanish solar developer Solarpack has reached an agreement to acquire 100% of the shares of developer Solaer.

Starlight, the renewables development unit of solar investor and asset manager NextEnergy Group, is progressing with an 87MWp agrivoltaics project in Italy that will be co-located with a 23MW battery energy storage system.

Soltec, through its subsidiary Powertis, has entered in an agreement with multi-utility group ACEA to co-develop 340MW of solar PV in Italy.

Italy is on track to have its best year for solar PV deployment in a decade as installs jumped during H1 2022, according to new figures from industry association Italia Solare.

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.

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.

Polish developer R.Power is seeking a primary equity capital raise to fund its future growth plans in several European countries.

Polish PV developer R.Power is targeting the development of 1GW of solar projects in Italy in the next 12 months.

Investment firm FitzWalter Capital has partnered with new solar developer Peridot Solar to develop and build 5GW of capacity by 2026.

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?