R.Power wants over 1 GWp of solar projects in Italy within a year

Polish solar energy company R.Power Group aims to pack its portfolio in Italy with over 1 GWp of PV projects in development within the next 12 months, it said in an announcement on Friday.

In the past month alone, R.Power signed agreements with landowners in Italy for over 100 MWp worth of capacity, the independent solar power producer highlighted.

“R.Power has been present on the Italian market for several years, we are just building our first power plants that won the auctions at the beginning of 2022 and we see great market potential precisely thanks to the PV auction system as well as the growing area of PPAs,” commented Jakub Charaszkiewicz, R.Power’s executive in charge of the group’s development in Italy.

“Over the next 12 months, our portfolio of projects under development is expected to reach 1 GWp. We want to invest in diverse projects - both geographically and in terms of project size and type. These will include both farms on industrial land and agrovoltaics projects,” added Charaszkiewicz.

R.Power sees Italy as one of the more promising markets for the PV sector thanks to its climate conditions and the government’s target of 50 GWp of solar capacity by 2030. The company also expects PV players in the country to spring into action in response to recent changes in the permitting process, which has been simplified for certain agricultural areas and large-scale projects.

Choose your newsletter by Renewables Now. Join for free!