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Powering the Future: Italy’s Bold 1.5 Gigawatts Agrivoltaics Revolution!

Source link : https://tech-news.info/powering-the-future-italys-bold-1-5-gigawatts-agrivoltaics-revolution/

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The Rise of Agrivoltaics⁤ in Italy

This⁤ year, agrivoltaics ‌has captured‍ significant⁣ attention, with Italy emerging as a leader​ in the field. The ‍country ⁢recently⁤ conducted its inaugural tender specifically ‍for agrivoltaic⁤ projects, and the‌ results were impressive!

A Milestone Tender Outcome

Italy awarded ⁤contracts for an impressive 1.5 gigawatts (GW) of solar energy through agrivoltaic initiatives across a total of 540 distinct projects.

High Demand and Competitive Bidding

The interest was so high​ that bids ​exceeded expectations; there were 643 submissions totaling about 1.7 GW of electrical​ capacity available through this program. Among the notable winners ‌are European Energy, securing⁤ a substantial contract for 270 MW; Repower with⁤ their 62 MW solar array located in Sicily; and Next⁣ Energy ⁣Capital ⁣contributing their project of 73 MW situated in Campania. Additionally, major companies like ⁢Solarig obtained rights to develop a further 122 MW while ‍Photosol was awarded a significant contract worth 55 MW.

Oversight​ by⁤ GSE

The Gestore dei Servizi Energetici (GSE), Italy’s national​ energy agency, is responsible ⁢for managing these tenders and is overseeing the entire initiative. Most successful ​projects will be established in southern regions of⁣ Italy.

Focus on Agricultural Enterprises

According to pv magazine, agricultural firms predominantly spearheaded these proposals: “Most⁣ submissions originated from businesses rooted in agriculture.” Every eligible ​project qualified for incentives since the maximum⁣ quota was not reached during this tender process. Discounts off‍ ceiling prices varied‌ significantly; between approximately 9% to as high as 53%, allowing larger installations to capitalize on ⁤operational efficiencies.

Payment Structures and Incentives

The compensation structure⁢ rewards smaller scale efforts differently: projects⁣ up to and including ⁤300 ⁤kW have a payment‌ cap at €0.093 ($0.097)/kWh while⁣ those surpassing that threshold ‍can earn up to €0.085 ($0.089)/kWh.

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The post Powering the Future: Italy’s Bold 1.5 Gigawatts Agrivoltaics Revolution! first appeared on Tech News.

Author : Tech-News Team

Publish date : 2024-12-11 05:24:38

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