Italy

Italian Wind Firm ERG Acquires 80 MW Renewables Portfolio in France

Leading Italian wind power operator ERG announced in a press release on Friday its acquisition of a company that holds an operational renewables portfolio of 80 MW in France. ERG, through its subsidiary ERG Eolienne France, has signed an agreement with FPCI Capenergie 3, a fund managed by the Paris-based private equity investor Omnes Capital, to […]

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Maire, Mytilineos Conduct Joint Feasibilty Study on Green H2 Plant in Italy

In a joint statement released yesterday, Italy-based Maire Tecnimont’s subsidiary NextChem and Greece-based MYTILINEOS’ Renewable and Storage Development Business Unit (RSD BU) announced their signing of an agreement to together carry out a feasibility study for the development of a green hydrogen plant in Italy. NextChem is Maire Tecnimont’s subsidiary operating in the field of […]

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FIMER Establishes Centre of Excellence for R&D for the Utility sector in Italy

FIMER has announced plans to set up its new R&D Center of Excellence for the utility sector in Italy, close to its manufacturing facilities, located in Vimercate and Terranuova Bracciolini. This strategic move will enable FIMER to increase its focus on solutions innovation while enhancing its responsiveness to customer needs. It will reinforce FIMER’s strategy […]

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Italian Firms ERG & Telenergia Sign 10-Year PPA for Green Energy Supply

ERG Power Generation and Telenergia have signed a ten-year corporate PPA (Power Purchase Agreement) for the supply of 3.4 Terawatt-hours (TWh) of green energy for the period 2022-2031. While the former is a subsidiary of ERG, primary independent producer of electricity from renewable sources, the latter is a subsidiary of TIM, leading group in Italy […]

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EIB Provides €100 million to Dolomiti Energia for Energy Efficiency and Combating Climate Change

The European Investment Bank (EIB) and Dolomiti Energia Group have signed a €100 million finance contract to support the company’s 2021-2024 development plan. The investment is in line with Italian and European energy and environment policies for achieving the objectives of the energy transition, decarbonisation and sustainable networks. In particular, the resources will support Dolomiti Energia in projects […]

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Lightsource bp Acquires Solar Projects Totalling 156 MWp in Italy

Lightsource bp in Italy continues to boost its utility scale solar portfolio by acquiring three projects from Horizon Firm, a trusted developer specialized in solar, totalling 156MWp across the country. Two of the projects are based in Sicily, in a low solar plant massification density area, in the province of Agrigento: the Canicattì project (40.9 MWp) and the Torre di Mastro project (58.2 MWp). The third project, Manfredonia (57.4 MWp), based in Apulia, will be developed as an Agri-PV with the aim of virtuously integrating agriculture and […]

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Enel Group Releases Financial Results; Q1 2021 Unprofitable

Enel Group, Italian multinational manufacturer and distributor of electricity and gas, has released the financial results of the first quarter of 2021. The company reports an 8.8% increase in investments and confirmation of yearly targets, among other data, but the quarter has not proved profitable for it. Revenues earned in this quarter were 17,107 million euros, […]

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Vehicle-to-Grid Pilot Project Inaugurated in Turin, Italy

FCA, ENGIE Eps and Terna have presented the pilot project Vehicle-to-Grid of electric mobility, which will become the biggest of its kind globally. FCA, ENGIE Eps and Terna have presented, within the Mirafiori FCA’s premises in Turin, the pilot project Vehicle-to-Grid (V2G) of electric mobility, which once totally completed, will become the biggest of its […]

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Saipem to Co-Develop 450 MW Offshore Wind Farm in Italy

Saipem has announced the signing of an MoU with AGNES and QINT’X to co-develop a 450 MW offshore wind farm in the Adriatic Sea off the coast of Italy. Saipem has announced the signing of a Memorandum of Understanding (MoU) with AGNES, a company that develops renewable energy projects in the Adriatic Sea, and QINT’X, […]

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