Renewables

Italy’s Alerion Clean Power agrees 200 MW solar project deal in Romania

Alerion Clean Power solar project Romania

Photo: The location of Alerion's wind farms (Alerion)

Published

February 12, 2021

Country

Comments

comments icon

0

Share

Published:

February 12, 2021

Country:

Comments:

comments icon

0

Share

Renewable energy company Alerion Clean Power has signed a cooperation agreement with PV Project RO to develop solar power plants in Romania. The transaction is part of its 2021-2023 business plan to expand the portfolio to photovoltaics.

Under the agreement between Italy’s Alerion Clean Power and Romania’s PV Project RO, solar power plants with a total capacity of around 200 MW will be installed.

First solar power plants will be on the grid by the end of the second quarter

First photovoltaic facilities, with an installed capacity of 33 MW, are scheduled to begin operating by the end of the first half of this year, Alerion Clean Power said.

Alerion operates 15 wind farms in Italy, one in Bulgaria and one in Spain, with a total installed capacity of more than 700 MW.

The company also announced that it was awarded an incentive tariff of around 68.5 EUR/MWh for a period of 20 years in the last auction announced by the GSE (Energy Services Manager). The incentive was given to its subsidiary Naonis Wind, which will build a 12.6 MW wind farm in the municipality of Cerignola (Puglia).

Alerion intends to double installed capacity by 2023

According to its recently adopted 2021-2023 business plan, Alerion intends to increase installed capacity to 1,544 MW by the end of 2023. At the end of 2020, the company had 835 MW.

Target markets are Italy, Romania, and Spain, and the renewables mix will be expanded by solar photovoltaic investments in Italy and Romania, the company said.

By 2023 the company plans to operate 1,244 MW of installed wind capacity and 300 MW of solar. Total investments in the 2021-2023 period are estimated at EUR 700 million.

Comments (0)

Be the first one to comment on this article.

Enter Your Comment
Please wait... Please fill in the required fields. There seems to be an error, please refresh the page and try again. Your comment has been sent.

Related Articles

Horius exclusive distributor PupinEnergy chargers Serbia

Horius becomes exclusive distributor of PupinEnergy chargers for Serbia

25 April 2025 - Horius signed an exclusive agreement and became the authorized distributor of PupinEnergy AC electric vehicle chargers in Serbia

Project Albania first gas power plant enters next stage

Project for first gas power plant in Albania enters next stage

25 April 2025 - Greece-based GEK Terna and DEPA Commercial are preparing to build the first gas power plant in Albania, with local partner Gener 2

catl Naxtra Battery sodium ion lithium

CATL: World’s first mass-produced sodium ion battery is here

25 April 2025 - Naxtra breaks resource constraints and strengthens the foundation of the new energy industry, according to CATL

Terna Energy pumped storage wind power hybrid Amari Crete

Terna Energy to make pumped storage, wind power hybrid in Amari in Crete

25 April 2025 - Greek company Terna Energy, recently acquired by Masdar, made a step forward in its Amari hybrid power plant project in Crete