Solarcentury expands operations into Italy
London, 1st May 2019: Solarcentury, the global integrated solar power company with operations across Europe, Latin America and Africa, today announces that it is expanding its operations into Italy.
Solar farm developments are forecast to significantly increase in Italy over the next decade thanks to the ongoing reduction in solar power costs and the Italian Government’s progressive National Integrated Plan for Climate and Energy 2030, which is targeting a cumulative installed solar PV capacity of 50 GW by 2030.
UK-headquartered Solarcentury, whose 220-strong team currently operates across 10 international markets, plans to further grow its 5 GW global pipeline of subsidy-free solar farms into Italy together with a number of local development partners.
Frans van den Heuvel, Chief Executive of Solarcentury, said:
“The Italian solar power market is now entering a very exciting stage. Just as we’ve seen elsewhere across Europe, solar in Italy no longer requires subsidies to be competitive, making this market an increasingly attractive choice for investors. With this changing market picture, we are delighted to be able to continue the growth of our European operations into Italy.
“We believe that with our 20-year heritage and strategic focus on end-to-end solar development, financing, management and storage, we can make a real difference in bringing clean power to businesses and communities across the region.
“Our mission remains to fight climate change with solar power and we’re determined to play our part in enabling a swift and meaningful transition to zero carbon energy. With the technology available and solar power generation now more affordable than fossil fuels, there really has never been a better time to scale-up solar across the world.”
Currently developing large-scale solar farms throughout Europe, including in subsidy-free Spain, Solarcentury last month announced its entry into the French solar market after winning 57 MW of solar power capacity in the latest French solar auction.
Nick Collins / Isobel Knight / Luke Briggs
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Notes to editors
Solarcentury’s press office is available at PR@solarcentury.com.
Established in 1998, Solarcentury is a leading global solar power company that develops, constructs, owns and operates utility-scale solar and smart technology across Europe, Latin America and Africa.
Independent and headquartered in the UK, Solarcentury is known internationally for developing and building some of the largest utility-scale solar projects in the UK, the Netherlands, Spain, Kenya and Mexico, including pioneering projects such as the world’s first solar bridge at Blackfriars Station in Central London.
Solarcentury’s mission is to make a meaningful difference in the global fight against climate chaos by making solar power the dominant energy source worldwide. During Solarcentury’s 22-year history the business has helped solar power become mainstream, and our projects have generated 6 billion kWh of clean electricity, saving over 1.7 million tonnes of CO2 emissions.