Headlines

EXCLUSIVE Octopus closes 5 years PPA in Italy

Powernews01 mins

[vc_row][vc_column][vc_column_text]UK photovoltaic investment fund Octopus, pioneer in Italy on the PV market parity (plants whose production does not benefit from any public incentives) has closed a power sales contract for a total of 70.5 megawatts. The portfolio comprises six power plants currently under construction in Lazio and Sardinia. The purchaser of the energy produced by…

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Gas reverse flow Italy-France

Powernews01 mins

[vc_row][vc_column][vc_column_text]Snam Rete Gas and grtgaz have communicated that physical reverse flow Italy to France via Switzerland is supposed to start on 1st June 2018. grtgaz is offering 200 GWh/day (100 GWh/day on firm basis and 100 GWh/day on interruptible basis) entry capacity in Oltingue. Snam Rete Gas is marketing 54 GWh/day Exit Capacity Passo Gries…

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Italian wind PPA 2018. All details about owners, trader’s market share

Powernews01 mins

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Silver Ridge offloads Italian PV portfolio

Powernews01 mins

[vc_row][vc_column][vc_column_text]Silver Ridge Power Italia, a joint venture between Riverstone and SunEdison has sold to Cubico  105.6 MW portfolio of 18 solar PV plants in the Italian regions Apulia, Lazio and Sicily Cubico has not disclosed the financial terms of the deal. The plants in the portfolio have been operational since between 2010 and 2013. They are…

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PV, after the acquisition of new plants in Apulia, Green Arrow is looking to additional 10 MW

Powernews01 mins

Green Arrow Capital, la società di gestione che investe nelle energie rinnovabili e che ha appena annunciato l’acquisizione di due impianti fotovoltaici

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Energia Tre (Platina) invests in the revamping of its 10 MW after the acquittal by the Public Prosecutor of Brindisi.

Powernews01 mins

Milan-based special-purpose vehicle Energia Tre Srl, which holds photovoltaic assets in the province of Brindisi, has signed a million-euro contract with Eurotronica to replace the plants’ inverter. Energia Tre belongs to Platina Energy Partner fund management company, which sold in 2017most of its activities in Italy to NextEnergy Capital. Energia Tre’s plants (each with a…

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MET hires head logistics

Powernews01 mins

[vc_row][vc_column][vc_column_text]Zug-based Hungarian trading house has hired Roberto Borghetti, Head of Origination and Logistics at ENOI, gas and power trader in Milan. Borghetti will start next week in the logistic and operations department. Various sources of the market have confirmed the departure at Power-News. Borghetti since 2006 in ENOI has held various roles in operations and…

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Blue Elephant Energy buys 20 MW wind park in Italy

Powernews01 mins

[vc_row][vc_column][vc_column_text]Hamburg’s based Blue Elephant Energy has acquired a 20 MW wind farm located in Oppido Lucano in the province of Potenza in the Basilicata region. The plant sold by Danish investment group European Energy Group, consists of 10 Vestas V110 turbines. The wind farm has been operational since early 2017. [/vc_column_text][/vc_column][/vc_row]

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Aveleos, fraud against GSE, here the names of the convicted managers

Powernews01 mins

[vc_row][vc_column][vc_column_text]Fraud against the GSE (Gestore Servizi Energetici) , and therefore fraud against the Italian State. Also, for this crime on 18th April two top managers of the Aveleos group, namely Ivan Akhmerov and Marco Giorgi, were sentenced in the first instance by the Court of Milan to 4 years and 6 months and 3 years…

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Edisun Power Europe places five-years bond

Powernews01 mins

[vc_row][vc_column][vc_column_text]Zurich-based Edisun Power Europe listed on the Zurich Stock Exchange and active since 1997 in the photovoltaic sector, announced the issuance of a 5 million Swiss franc bond loan, equivalent to EUR 4.4 million, to finance the construction of new plants. The bond will pay a 2% coupon which replaces another CHF 5 million 10-year…

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Italy, electricity consumption rises 1.7% in December

Powernews01 mins

[vc_row][vc_column][vc_column_text]Italy’s electricity consumption rises 1.7% in December 2017 compared to December 2016. According to Terna, the company that manages the national electricity grid, electricity demand in Italy stood at 26.9 TWh. According to the provisional data processed by Terna, Italy’s total electricity demand in 2017 amounted to 320.4 TWh which is the highest figure since…

Wood Group after the divestment of 2018 acquires authorizations for new plants

Powernews01 mins

[vc_row][vc_column][vc_column_text]With one hand sells and with the other buys. Wood Group, since 2017 owner of Amc Foster Wheleer , seemed to have launched a disposal policy. As Powernews wrote, the British company that also operates in renewables had sold its 50% of Voreas (wind) to Icq Holding in August 2018 and in December of the…

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