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.
UK-headquartered renewables developer Ethical Power has entered the Italian solar PV market with plans for a 250MW project pipeline and a new country manager, Francesca Cavallini.
Spanish solar developer Solaria has signed off a financing framework with the European Investment Bank (EIB) for up to €1.7 billion (US$1.8 billion) to be deployed on 120 solar PV plants across Spain, Italy and Portugal.
Renewable energy developer Hive Energy will sell 200MW worth of Italian agrivoltaic PV projects to GreenIT, a renewable energy joint venture between Italian energy provider Plenitude and investor CDP Equity.
The Italian Ministry of the Environment and Energy Security (MASE) has said that it intends 65% of the country’s electricity generation to come from renewable energy by 2030.
