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January 13, 2022

Torre di Mastro Solar PV Park, Italy

By Carmen

Torre di Mastro Solar PV Park is a 58.2MW solar PV power project. It is planned in Sicily, Italy. The project is currently in permitting stage. It will be developed in single phase. The project construction is likely to commence in 2023 and is expected to enter into commercial operation in 2024.

Project Type Total Capacity (MW) Active Capacity (MW) Pipeline Capacity (MW) Project Status Project Location Project Developer
Solar PV 58.2 58.2 Permitting Sicily, Italy HorizonFirm; Lightsource BP Renewable Energy Investments

Description

The project is being developed by HorizonFirm and Lightsource BP Renewable Energy Investments. The project is currently owned by Lightsource BP Renewable Energy Investments.

Torre di Mastro Solar PV Park is a ground-mounted solar project.

The project cost is expected to be around $45.861m.

Development Status

The project construction is expected to commence from 2023. Subsequent to that it will enter into commercial operation by 2024.

About HorizonFirm

HorizonFirm SRL (HorizonFirm) is a consulting company which operates in the PV grid parity market. It is headquartered in Italy.

About Lightsource BP Renewable Energy Investments

Lightsource BP Renewable Energy Investments Ltd (Lightsource BP) formerly Lightsource Renewable Energy Ltd, is an alternative energy company. It acquires, develops and manages large-scale solar projects and smart energy solutions. The company’s service offering includes site identification, power marketing, engineering, procurement, construction management, and operation and maintenance services. Lightsource BP also provides power purchase agreements, risk management, asset management, monitoring, optimization and financing solutions. It operates across Americas, Africa, Asia Pacific, the Middle East and Europe. The company is owned by BP Plc and its management and staff. The Company is headquartered in London, Greater London, the UK.

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.

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