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

0

Share

Published:

February 12, 2021

Country:

Comments:

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

Croatian Chamber of Economy lex specialis for renewables position paper

Croatian Chamber of Economy asks for lex specialis for renewable energy sector

28 March 2024 - The Association for Renewable Energy Sources produced a position paper identifying obstacles and possible solutions

romania delgaz hydrogen 20HyGrid

Romania successfully tests blending hydrogen in natural gas distribution grid, households

28 March 2024 - E.ON Romania declared success in its test of blending hydrogen into the gas network and using the mixture in households.

IRENA-Global-solar-power-capacity-surpasses-hydropower-in-2023

IRENA: Global solar power capacity surpasses hydropower in 2023

28 March 2024 - The world's renewable electricity capacity additions in 2023 hit a record 473 GW, dominated by China. Solar power became the largest segment in total.

105 MW photovoltaic park in Greece operational with the support of ProCredit Bank

105 MW photovoltaic park in Greece operational with the support of ProCredit Bank

28 March 2024 - A 105 MW photovoltaic park in the Kozani region, North-West Greece, has become fully operational with the support of ProCredit Bank