italy

3Sun, the solar module manufacturing subsidiary of Italian utility Enel has secured €560 million (US$612 million) in financing for its heterojunction module assembly plant in Sicily, Italy.

Italy generated record-breaking volumes of both solar PV and wind power in 2023, producing 30.6TWh and 23.4TWh of electricity, respectively.

FP Lux Group has purchased a 114MWp portfolio of solar PV projects in Italy from German renewables developer PNE in the first investment of its FP Lux Energy Transition Fund.

GreenIT, an Italian joint venture by oil group Eni and state lender Cassa Depositi e Prestiti (CDP) Equity, has signed an agreement with renewables developer Galileo to build 140MW of solar PV in Italy.

Enfinity Global has secured €118 million to construct four utility-scale solar PV plants with a total capacity of 101MW in Italy.

The European Commission has approved this week Italy’s and Hungary’s aid schemes to support renewable energy projects.

The European Commission has approved a €1.7 billion (US$1.8 billion) scheme to support the deployment of 1.04GW of agrivoltaics projects in Italy.

Danish renewables developer has secured authorisation to develop a 90MW solar PV plant in the southern region of Puglia, Italy.

KGAL has signed a ten-year power purchase agreement with Edison to sell power generated from the former’s 150MW Tuscania solar project in Italy.

Swiss-headquartered asset investment firm Capital Dynamics has acquired 170MW of ready-to-build solar PV capacity in Italy for an undisclosed sum and from an unnamed global energy service provider.