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R.Power Group wins PV auctions in Italy

All projects that have won auctions come from the group's own development. In total, in the recent years, the R.Power Group has won solar auctions for the total installed capacity of almost 700 megawatts.

The R.Power Group has informed that it has secured a portfolio of PV investments of a total power of 21 megawatts in the auctions won in Italy. As a result of winning the auctions, support was guaranteed for a period of twenty years - based on Italian law. The power plants are in regions with good sunny conditions, such as Umbria and Sicily.

Tracking systems in most installations

For the R.Power Group, these are the first winning photovoltaic investments under the Italian public support scheme. The investments have been developed from the greenfield to the ready-to-build stage. The R.Power Group is currently systematically increasing the number of investments developed in Italy. Once built, the PV power plants will become part of R.Power Group's own project portfolio under the IPP (independent power producer) concept.

See also: Axpo signs PPA with R.Power Group for around 300 MW of solar electricity

In the case of most investments, tracking systems will be installed, allowing the photovoltaic modules to be moved and positioned at the best angle to the sun. This will significantly increase energy yields, as well as make it easier to maintain the equipment. According to the auction requirements - PV power plants should be commissioned by 2024 at the latest. The company Nomad Electric will be responsible for farm productivity, operations and maintenance (O&M). (mfo)

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