italy

Demand for solar and wind power purchase agreements (PPAs) in Europe remains strong despite sustained price hikes, research from LevelTen Energy suggests.

Italy has allocated 413MW of solar PV and wind capacity in its ninth renewables auction, according to figures from energy management agency GSE.

Plenitude, a renewables subsidiary of oil major Eni, has partnered with IPP Infrastrutture to develop 1.5GW of solar PV and wind projects in Italy and Spain.

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.