Italian energy group Edison, owned by France’s EDF, is gearing up to sell a stake of up to 40% in its renewable energy generation arm as it seeks to capitalise on investor appetite for green assets, four sources familiar with the matter said. The company is working with Lazard and Societe Generale to attract deep-pocketed […]
Lightsource BP Buys 156 MWp of Solar Projects in Italy
Lightsource BP, which is backed by oil-and-gas major BP Plc (LON:BP), has acquired from Horizon Firm S.r.l. three solar projects in Italy with a combined capacity exceeding 156 MWp. By doing so, the company has increased its Italian solar development pipeline to more than 1.5 GWp, it said on Thursday, noting that it also has […]
Italy Promises “Brutal” Cuts to Red Tape Delaying Renewable Energy Projects
Italy’s byzantine authorisation process has slowed down the rollout of new green energy schemes, jeopardising access to EU recovery funds and the achievement of climate targets. Rome, which needs to install up to 70 gigawatts of new renewable energy capacity by 2030, is currently installing just 0.8 GW per year, in large part due to […]
Italy to produce 70-72 per cent of power from renewables in 2030 to reach EU targets
He added Italy would have to install 65-70 gigawatts of renewable energy over the next decade and that the remaining 28 per cent of energy would be produced with natural gas. MILAN: Up to 72 per cent of Italy’s electricity will have to be produced with renewable sources in 2030 in order for the country […]
Italy’s Saras plans to spin off renewable energy business
MILAN : Italian refiner Saras plans to spin off its renewable energy business and bring on board a partner to help fund future development, company managers said on Tuesday. “We are planning to separate entirely the renewable business, possibly partnering,” Chief Executive Dario Scaffardi said in a call on results and outlook. Saras, which operates […]
Three Gorges to Buy Billionaires’ Spanish Renewable Portfolio
China Three Gorges Corp. agreed to buy Spanish renewable assets from a group of billionaires, as the Chinese energy giant seeks to double down on the southern European country. State-owned Three Gorges will acquire 100% of a portfolio of more than 400 megawatts of operational plants from a consortium led by Corporacion Masaveu, backed by […]
Macquarie’s GIG launches new European solar energy company, Cero Generation
Macquarie’s Green Investment Group launches new European solar energy company, Cero Generation Cero Generation will deliver utility-scale and on-site generation projects, as well as integrated energy storage solutions, across Europe With more than 8 GW under development across 150 projects, Cero is launched with one of Europe’s largest solar development portfolios. Macquarie’s Green Investment Group (GIG) launches Cero Generation (Cero), a specialist solar energy company working across Europe […]
Italy’s Edison signs wind and gas deals as part of clean energy drive
The firm said it had agreed to buy the 70 per cent it does not already own in wind power group E2i Energie Speciali from Italian infrastructure fund F2i New Delhi: Italian energy group Edison agreed deals on Thursday to buy wind assets and sell a gas distribution grid as part of plans to focus […]
McDonald’s Installs 200 Electric Vehicle Charging Stations Throughout Italy
McDonald’s Italia will install 200 charging points for electric vehicles inside the 100 McDonald’s car parks across Italy. The fast food chain has partnered with Enel X to transition towards electric mobility and to underline the importance of a sustainable footprint. The JuicePole and JuicePump charging stations will be installed inside the car parks of […]
Italy drafts guidelines for national hydrogen strategy, document shows
Italy has set out guidelines for a national hydrogen strategy to help decarbonise the economy as it phases out coal and boosts renewable energy production to meet long-term climate targets. In a draft document called National Hydrogen Strategy Preliminary Guidelines, seen by Reuters, the Industry Ministry said it was targeting investments in the sector of […]