Skip to main content

MYTILINEOS awarded 52.8 MW solar energy project

Published by
Energy Global,


MYTILINEOS S.A. (MYTILINEOS) strengthens the position of its Renewables and Storage Development (RSD) Business Unit in the Italian energy market, by securing 20-year Contract for Difference (CfD) with the Italian state-owned agency, GSE, for a price of €65.17/MWh.

Specifically, this contract is referring to the 52.8 MW solar project named Porto Torres, located in North-West Sardinia, a region which is widely identified as a strategic Hub for the Italian market by MYTILINEOS. The project has been fully developed by the RSD Business Unit and is ready-to-build. Furthermore, it is the second largest solar project to participate in the 6th Italian Renewable Energy Sources (RES) auction (Decreto FER).

The RSD Business Unit is strategically positioned in the Italian market with a 1.7 GW solar, energy storage and green hydrogen pipeline. The projects are in different development stages and located in 15 regions. MYTILINEOS is established as one of the companies to be acclaimed to participate in the future national RES auctions.

Nikos Papapetrou, General Manager of the RSD Business Unit stated: “Porto Torres project is a big achievement for the RSD team in Italy, which has developed the project from scratch. This represents the capability of MYTILINEOS to go downstream in the development process and value chain. Jointly with the awarding of the 20% Terna Fast Reserve Auction in South-Central Italy and Sardinia, this represents an additional milestone in positioning the company as a leading player in the Italian Energy Market.”

MYTILINEOS fully supports Greece and Italy’s strategic plan for decarbonisation, with current and future investments, especially now that the energy prices are at historic highs in the EU.

 

 

For more news and technical articles from the global renewable industry, read the latest issue of Energy Global magazine.

Energy Global's Summer 2021 issue

The Summer issue of Energy Global features a varied spectrum of in-depth technical articles detailing recent projects, future projections, and technological advancements in the renewables sector, from companies including CEWEP, Enel Green Power, Turboden S.p.A., Cornwall Insight, and more.

Read the article online at: https://www.energyglobal.com/solar/04102021/mytilineos-awarded-528-mw-solar-energy-project/

You might also like

 
 

Embed article link: (copy the HTML code below):