italy

Independent power producer Sonnedix has acquired 11 PV plants in Italy totalling 6.75MW, taking the firm’s portfolio in the country up to 114MW of operating PV generation capacity.

Italian inverter manufacturer Elettronica Santerno has signed off on a US$6 million contract that will see the company provide 100MW of its central inverters to Chile.

ERG Power Generation, subsidiary of ERG, has signed off on an agreement with VEI Green to acquire 100% of ForVei — a joint venture between VEI Green and Foresight.

Italian renewable energy company Falck Renewables has officially entered the US solar sector, with the company announcing that it has acquired a 92MW PV project in North Carolina from Canadian Solar.

Basalt Infrastructure Partners has established a new platform to invest in small-scale solar projects in Italy.

ContourGlobal has agreed to acquire around 20MW of operational solar PV plants in Italy from ErgyCapital for €68 million (US$80.7 million).

An unnamed Italian company will build a 100MW solar plant in Hormuzgan Province of far south Iran, according to the region's governor Jasem Jadri.

Italian PV project developer Enertronica announced that its board of directors have given their approval for a US$18.2 million convertible bond.

Italian inverter developer Elettronica Santerno, a subsidiary of Enertronica, has signed off on a contract to supply 27MW of PV inverters to a power utility in Nevada.

Renewable energy is indeed the future, according to Bloomberg New Energy Finance’s latest report, which forecasts technologies such as wind and solar to “dominate” the future of electricity by 2040, making up 48% of the world’s installed capacity and 34% of electricity generation.