Ellomay Capital, an Israel-based renewable power producer, has reported that its Italian subsidiary was awarded a FER X (Fonti EnergeticheRinnovabili X) tariff. This tariff is issued for 75% of the 79.5 MWp Ellomay11 project in Friuli-Venezia Giulia. EllomayCapital said that the project has an expected annual output of 119,300 MWh supported by a €67.7/MWh indexed CfD.EllomayCapital added that the remaining production will be sold under merchant pricing. EllomayCapital noted that its Italian portfolio includes 38 MW operational assets with a Statkraft PPA, 160 MW under construction, and 130 MW at Ready-to-Build status. EllomayCapital further statedthat the first withdrawal under the project-finance facility for the 198 MW portfolio was completed, while its planned BESS platform is being developed to support system flexibility.
Ellomay Capital wins FER X support for 79.5 MW solar in Italy
Ellomay Capital detailed its FER X tender win for the 79.5 MW Ellomay 11 project in Italy, noted portfolio progress, and confirmed first withdrawal under its 198 MW project finance.
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