R.Power eyes over 300 MWp of new solar projects in Italy
Solar panels at an agricultural site. Image by: R.Power.
Polish solar projects developer R.Power Group today said it plans to expand its portfolio in Italy with over 300 MWp of new projects as part of a broader strategy to invest in foreign markets.
The Polish company intends to secure photovoltaic (PV) schemes in various parts of Italy by the end of this year and start building the first plant in early 2022. Its goal is to install more than 200 MWp of capacity over three years in the country, which has moved to the list of its priority markets.
In a bid to take advantage of Italy’s growing renewables industry, R.Power aims to expand its operations there by betting on “a varied product portfolio.” Its plan envisages projects in various locations and technologies, including solar agrivoltaic projects.
Italy has put on stream 1.5 GWp of solar power capacity in the past two years and is expected to become one of Europe’s fastest growing renewable energy markets. Its national power sector development plan calls for a 30-GWp-plus solar capacity expansion until 2030.
R.Power says it is currently developing a solar project portfolio at home that exceeds 4 GWp. The company also has operations in Spain and Portugal.
Veselina Petrova is one of Renewables Now's most experienced green energy writers. For several years she has been keeping track of game-changing events both large and small projects and across the globe.