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May 8, 2020

Powertis to develop 500MW of solar PV projects in Italy

Spanish utility-scale solar plants developer Powertis has unveiled plans to develop a portfolio of 500MW solar photovoltaic (PV) projects in Italy.

Spanish utility-scale solar plants developer Powertis has unveiled plans to develop a portfolio of 500MW solar photovoltaic (PV) projects in Italy.

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Delve into the renewable energy prospects for Morocco

In its new low greenhouse gas (GHG) emission strategy to 2050, submitted to the United Nations (UN), the Ministry of Energy Transition and Sustainable Development (MEM) of Morocco suggested to raise the share of renewable capacity in the country’s total power installed capacity mix to 80%.   Morocco currently aims to increase the share of renewables in total power capacity to 52% by 2030. The new strategy plans to increase the share of renewable capacity to 70% by 2040 and 80% by 2050.  GlobalData’s expert analysis delves into the current state and potential growth of the renewable energy market in Morocco. We cover: 
  • The 2020 target compared to what was achieved 
  • The 2030 target and current progress 
  • Energy strategy to 2050 
  • Green hydrogen 
  • Predictions for the way forward  
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The company noted that it will be developing its solar PV power projects in Basilicata, Puglia, Sicily, Sardinia and Lazio regions.

It noted that the development of new projects is in line with the company’s expansion strategy.

Powertis Italy country manager Roberto Capuozzo said: “Italy is a great strategic opportunity for the company in terms of growth and international development, being this one of the markets with the greatest potential in Europe for the photovoltaic sector.

“We are confident that Powertis will be one of the leading companies in the transition to a zero-emission economy.”

Additionally, the company has plans to achieve its goal of 1GW of ready-to-invest assets by 2023.

The National Integrated Climate and Energy Plan (PNIEC) seeks to reach a target of more than 30GW of solar PV capacity by 2030.

Powertis will focus on establishing its presence in the Italian market by developing more projects across various regions in the country.

The Spanish firm noted that its expansion plans will help increase its pipeline beyond over 2GW between Italy and Brazil.

Last September, Powertis announced an investment for the development, structuring, financing, construction and operation of large-scale solar PV projects.

The company said that it will be developing a 765MW photovoltaic solar portfolio in the states of Minas Gerais and Sao Paulo, in Brazil.

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Free Report
img

Delve into the renewable energy prospects for Morocco

In its new low greenhouse gas (GHG) emission strategy to 2050, submitted to the United Nations (UN), the Ministry of Energy Transition and Sustainable Development (MEM) of Morocco suggested to raise the share of renewable capacity in the country’s total power installed capacity mix to 80%.   Morocco currently aims to increase the share of renewables in total power capacity to 52% by 2030. The new strategy plans to increase the share of renewable capacity to 70% by 2040 and 80% by 2050.  GlobalData’s expert analysis delves into the current state and potential growth of the renewable energy market in Morocco. We cover: 
  • The 2020 target compared to what was achieved 
  • The 2030 target and current progress 
  • Energy strategy to 2050 
  • Green hydrogen 
  • Predictions for the way forward  
Download the full report to align your strategies for success and get ahead of the competition.   
by GlobalData
Enter your details here to receive your free Report.

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