Troia Solar PV Park is a 121.5MW solar PV power project. It is located in Apulia, Italy. The project is currently active. It has been developed in multiple phases. Post completion of construction, the project got commissioned in November 2019.
| Project Type | Total Capacity (MW) | Active Capacity (MW) | Pipeline Capacity (MW) | Project Status | Project Location | Project Developer | Solar PV | 121.5 | 121.5 | – | Active | Apulia, Italy | European Energy |
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Description
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The project is developed and owned by European Energy. The company has a stake of 100%.
Troia Solar PV Park is a ground-mounted solar project.
The electricitiy generated from the plant has offsetted 80,000t of carbon dioxide emissions (CO2) a year. The project cost is $135.067m.
Development Status
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By GlobalDataThe project got commissioned in November 2019.
Power Purchase Agreement
The power generated from the project is sold to Axpo Italia under a power purchase agreement for a period of 12 years.
About European Energy
European Energy AS (European Energy) is a renewable energy company that builds, develops, and finances wind and solar farms and large-scale green energy storage. The company offers services for solar and wind energy projects such as finding location and securing permits, construction and financing services. Its project includes Botsmark. European Energy provides advisory in relation to transactions of renewable energy plants. It also offers corporations and utilities power purchase agreement for new wind and solar farms. The company has partnerships with banks and suppliers, land owners, municipality and regional offices. It develops and constructs parks in Denmark, Sweden, Finland, Germany, Italy, Brazil, and in Mexico. European Energy is headquartered in Soborg, Denmark.
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.
