More Power Banzi Solar PV Park is a 19.999MW solar PV power project. It is planned in Basilicata, Italy. The project is currently in permitting stage. It will be developed in single phase. The project construction is likely to commence in 2022 and is expected to enter into commercial operation in 2022.
| Project Type | Total Capacity (MW) | Active Capacity (MW) | Pipeline Capacity (MW) | Project Status | Project Location | Project Developer | Solar PV | 19.999 | – | 19.999 | Permitting | Basilicata, Italy | More Power |
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Description
The project is being developed and currently owned by More Power. The company has a stake of 100%.
More Power Banzi Solar PV Park is a ground-mounted solar project.
The project is expected to generate 38,205.78MWh electricity to offset 20,249.11t of carbon dioxide emissions (CO2) a year. The project cost is expected to be around $15.759m.
Development Status
The project construction is expected to commence from 2022. Subsequent to that it will enter into commercial operation by 2022.
About More Power
More Power Srl (More Power) is a power generation company in the field of solar energy. It is headquartered in Schio, Vicenza, Italy.
Methodology
All power projects included in this report are drawn from GlobalData’s Power Intelligence Center. The information regarding the project parameters is sourced through secondary information sources such as electric utilities, equipment manufacturers, developers, project proponent’s – news, deals and financial reporting, regulatory body, associations, government planning reports and publications. Wherever needed the information is further validated through primary from various stakeholders across the power value chain and professionals from leading players within the power sector.
