Macquarie Acquires France based Reden Solar for $2.7 Billion Updated On Wed, Mar 9th, 2022 by Saurenergy In a major development in the RE sector, France’s independent power producer (IPP) Reden Solar has been acquired by a consortium led by Macquarie Asset Management for an enterprise value of $2.7 billion. Reden Solar is one of the leading developers, builder and operator of solar photovoltaic (PV) power plants from France. At present the […] Read more
Italy Renewables Problem Continues; Wind Energy Auction Highly Undersubscribed Updated On Thu, Feb 3rd, 2022 by Saurenergy The conundrum of Italy’s renewable sector continues unabatedly as it’s evident from the results of its latest renewables auction published. The Italian government had about 3,300 MW of renewable energy on offer. This also included the non-awarded capacity from the previous auction which also witnessed under-subscription. The travesty continued this time too and the government […] Read more
Repower Renewable to Build 495MW Floating Offshore Wind Plant in Italy Updated On Fri, Jan 14th, 2022 by Saurenergy Venice-based Repower Renewable S.p.A. plans to build a large-scale floating offshore wind farm in the Ionian Sea and connect it to Italy’s national grid. The wind farm is located southeast of the eastern coast of Calabria at a minimum distance of about 61.8 kilometres from Capo Rizzuto and 74.8 kilometres from Monasterace Marina. The project is […] Read more
NextEnergy Capital Divests its 149MW Italian Solar Portfolio Updated On Wed, Jan 12th, 2022 by Saurenergy London-based solar investor NextEnergy Capital has announced the sale of the entire portfolio of operating solar projects owned by NextPower II (Fund) in Italy. The Fund’s portfolio comprises 105 individual solar plants for a total installed capacity of 149 MW. Its plants are located across Italy, in regions including Piedmont, Lombardy, Veneto, Tuscany, Puglia, Sardinia, […] Read more
Midsummer Bags €38 M Grant to Build Thin Film Solar Roofs in Italy Updated On Tue, Nov 2nd, 2021 by Saurenergy Italian authorities have confirmed that Swedish manufacturer of thin film CIGS solar cells Midsummer will receive incentives of approximately €38 million in the form of grants and soft loans. These will go towards building a factory and commencing manufacturing lightweight, environmentally friendly thin film solar roofs in Bari, Italy, for the global market. The production […] Read more
JPMorgan-advised Fund Secures Controlling Stake in Falck Renewables Updated On Thu, Oct 21st, 2021 by Saurenergy Italy’s Falck family of industrial magnates will receive 1.5 billion euros ($1.8 billion) from the sale of its controlling stake in Falck Renewables to a JPMorgan-advised infrastructure fund, the company said on Wednesday. The Falcks, who built their fortune in steel over the last century before switching to renewables in the late 1990s, are selling […] Read more
CCE Group, Enernovum Secure Funds for 600MW Solar Portfolio in Italy Updated On Tue, Oct 12th, 2021 by Saurenergy A joint venture of CCE Group and Enernovum called CCE Solar Invest has secured finance for a portfolio of 14 solar farms totalling 600MW in Italy. The three-year loan from Kommunalkredit Austria is for projects in the Lazio, Tuscany and Apulia regions. It has been granted for the purpose of obtaining authorisation and pursuing the relevant […] Read more
Italy Offers 3.3 GW Wind & Solar in New RE Tender Updated On Tue, Oct 5th, 2021 by Saurenergy Italy’s state energy management agency Gestore dei Servizi Energetici (GSE) has launched the country’s seventh renewable energy tender that is expected to award 3,312MW of solar photovoltaic and wind capacity. The tender was opened last week and the latest contracting process includes unallocated capacity in previous six unsubscribed auctions, totalling 2,485 MW. Italy’s sixth tender ended up […] Read more
WAAREE’s Solar Modules to Power Austrian Firm Borealis’s Plant in Italy Updated On Wed, Jun 16th, 2021 by Saurenergy Waaree Energies, one of India’s largest solar manufacturers has supplied its solar PV modules to Austrian chemical firm, Borealis’s plant in Monza, Italy. Waaree is providing its solar modules for the installation of first solar PV rooftop array for electricity generation at the Austrian firm’s plant. Borealis is one of the world’s leading providers of […] Read more
