European Energy has completed and commissioned 103 MW Troy Solar Project in Italy’s Apulia (in the picture) and plans to invest another €800 million in projects over the next 5 years in the country. (Photo Credit: European Energy A/S)
- European Energy has announced the commissioning of 103 MW Troy Solar PV Plant in Italy
- The Apulia located project is designed to generate 150 GWh of solar power annually with 275,000 solar modules deployed
- The Denmark based company said it plans to invest around €800 million over next 5 years in Italy to develop more such projects
European Energy Secures Over 12-Year PPA For 300 MW Solar Power Capacity From Future Industrial PV Farms In Italy With Swiss Utility Axpo
(16. January 2019)
Italy has become home to a 103 MW large scale ground mounted solar PV installation. This is the country’s ‘largest PV park ever built’ claims Danish renewable energy developer and EPC services company, European Energy A/S. It stresses that the project is the 17th largest in the world in terms of capacity with a single connection point.
European Energy acquired the 103 MW Troy Solar PV Project in February 2019 and began construction soon after in Apulia near Foggia. It is designed to generate 150 GWh of clean power annually, enough to satiate electricity requirements for a city with 200,000 inhabitants. Responding to a TaiyangNews query, European Energy spokesperson said 63 MW of this capacity is tied to GSE’s feed-in-tariff (FIT) scheme under the 5th Conto Energia program, while the other 40 MW will sell energy produced at market price.
The project deploys 275,000 mono PERC 370 W solar modules from Risen Energy on fixed substructures.
“Italy is an important market for us. We are ready to invest approximately €800 million ($896 million) in the next 5 years to develop other projects in Italy, where the sunny days and overall climate conditions make a Dane like me envious,” said European Energy CEO Knud Erik Andersen. “This impressive solar plant in Italy is also a perfect example of European economic investment and cooperation.”
European Energy says it currently has 1.3 GW of projects in different Italian regions at different stages of authorization processes.