Over the next two years, Hep Solar plans to build a pipeline of 400 to 500 MW of solar and energy storage projects in Italy. Initial land and projects have already been secured.
NextPower V ESG makes largest agri-PV acquisition in Italy
“With our entry into the Italian market, we are continuing our strategy of sharpening our focus on Europe,” says Martin Vogt, Global Head of Project Development at hep solar. “Italy is one of the most dynamic solar markets in Europe, with ambitious expansion targets and strong demand for photovoltaics and storage solutions. For Hep Solar, this also marks an important step towards further geographic diversification of our project portfolio.”
Nexta and Octopus secure green light for 50 MW storage project in Italy
Italy is currently the fourth-largest solar market in the EU and is pursuing ambitious targets in energy storage. In 2024, the country reached an installed solar capacity of 36 GW. By 2030, photovoltaics are expected to account for 79 GW and more than half of renewable power generation capacity. Demand is driven primarily by high electricity prices, the pursuit of energy independence, and government support mechanisms such as feed-in tariffs, renewable energy certificates and tax incentives. (hcn)
