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Denmark’s European Energy acquires largest PV project in Italy

2 March 2019
Electricity
energynomics

The Danish developer has bought the right to build a 123 MW plant in Troia, in the southern Italian region of Apulia. The project was initiated in 2011 and is the largest Italian PV project to have secured all necessary approvals. European Energy plans to start construction this year.

Finding a site and securing approval for a PV power project with a capacity of more than 20-30 MW in Italy is no simple task, especially in the sunny southern region of Apulia, already home to the largest proportion of ground-mounted solar facilities in the country, according to pv-magazine.com.

The developer said it has made no final investment decision but added: “We aim to construct it this year.”

The project had been approved by Apulia’s regional government in 2011, when the Conto Energia FIT program was still running. When the incentive scheme closed, the project appeared doomed to failure. But with “grid-parity” solar becoming viable in Italy in the last two years, interest in large-scale projects has revived.

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