italy

Verbund has acquired a 110MV solar portfolio in Lazio, central Italy, from Ke-Reninvestment, a subsidiary of Turkish investor Kinesis Enerji.

Greek energy company DEPA Commercial and solar developer Recurrent Energy both secured loans from the bank this week.

The power purchase agreement consists of a portfolio of six solar PV projects located in the Italian regions of Lazio and Emilia Romagna.

A round-up of the latest solar project news, as Lightsource bp commissions its first PV project in Poland, Soltec receives EIA on a 220MW solar portfolio in Italy and Iberdrola completes two plants in Portugal.

In the first half of 2024, Italy has installed 3.7GW of new renewable energy capacity, of which 3.3GW came from solar PV.

The US generated 236.12TWh of power last year, while in Germany over 12% of power was produced by solar, the highest among all G7 countries.

Passing legislation about agriPV would kickstart the development of such projects in Greece and keep workforce in villages.

Interest in co-locating solar PV with energy storage is increasing in Southern Europe, as grid curtailments and negative or near zero prices for solar PV become more frequent.

Swedish thin film solar manufacturer Midsummer has secured roughly €8 million (US$8.6 million) to support the development of its 50MW copper indium gallium selenide (CIGS) thin-film cell manufacturing plant in Italy.

PV Tech spoke with Alejandra Pérez-Plá, regional manager – Mediterranean at financial advisory firm Global Capital Finance about challenges related to land acquisition for utility-scale solar PV projects in Southern Europe, how to manage these issues and grid modernisation.