Encavis AG, based in Hamburg, has acquired the 30 MW Pozzolo solar park project in Piemont, Northern Italy. With an annual output of approximately 42 GWh, the park will connect to the grid in Q2 2025. A 10-year PPA, based on 75% of the park’s capacity, secures revenue with a pay-as-produced structure. Stern Energy will handle O&M services.
Encavis AG expands solar portfolio with Pozzolo acquisition
Company’s future acquisitions in wind and solar parks are anticipated by February 2024. Illustration from Encavis AG.
Aiming to support Malaysia’s 31% renewable goal by 2025, Masdar’s study could pave the way for large-scale floating solar in Southeast Asia. (Image Source: Masdar)
Avangrid’s Camino Solar project will generate power for approximately 14,000 US homes and is expected to create $15 million in local tax revenue. (Image Source: Avangrid)
Poland’s solar sector is set to benefit from Suntech’s advanced TOPCon modules under a new 200 MW distribution partnership. (Image Source: Suntech/ Linkedin)
Telecrown’s order from RRP Semiconductor includes silicon solar cells and polycrystalline materials for Maharashtra’s growing renewable energy sector. (Image Credit/Source: fietzfotos/Pixabay)