Tages Helios obtains €425 million financing

The Italian fund will use the money to refinance its current PV plant portfolio consisting of 101 MW of facilities, and to finance further acquisitions planned by the end of this year.

Italy’s Terra Firma sells solar platform RTR for €1.3 billion

Italian PV asset manager, Terra Firma has sold its solar energy platform for €1.3 billion to Italian infrastructure investor, F2i.

India slashes tax rate for batteries and their raw materials

The 10% reduction in GST is an example to the UK government, which is seeking suggestions on how to drive solar take-up, but manufacturers are already calling for further reductions to fire battery storage in the nation.

Italy: Glass to Power crowdfunds €2.25 million, plans solar window fab

Italy-based Glass to Power has raised €2.25 million via crowdfunding to advance its plans for the roll out of an industrial production line for its transparent solar PV windows. The product is expected to be marketed in 2019.

Italy’s Eni abandons race to buy RTR

Despite recent efforts to boost its solar energy business, the Italian oil giant has decided not to acquire RTR’s 343 MW solar plant portfolio.


Italy’s Fimer enters string inverter business, plans stock exchange listing

In an interview with pv magazine, managing director of the Italian central inverter specialist, Filippo Carzaniga discusses the company’s new strategy, explains the reasons for the listing. After delivering 1.5 GW of inverters in 2017, Fimer hopes to increase its shipment volume by around 10% this year, to between 1.6 GW and 1.7 GW.

Italian government challenges Sicily’s moratorium on solar parks

The Italian Council of Ministers said that Sicily’s temporary suspension of all approvals for large-scale wind and solar project is unconstitutional.

Terra Firma moves forward with sale of Italy’s RTR

While Italian utility A2A has dropped out of the race to buy RTR; Enel, Eni and BP are reportedly shortlisted bidders for the acquisition. The Italian PV asset manager owns and operates 134 solar parks with a combined capacity of 334 MW across more than 100 municipalities in Italy.

Eni builds first solar park at Italian facilities

The Italian oil group is building a 26 MW plant at its industrial site, Assemini, on the island of Sardinia. The system is part of a 220 MW solar project pipeline that Eni aims to install at its Italian sites between 2018-2021.


Enel invests in Italian start-up Aton Storage

Aton is offering batteries to be integrated with photovoltaic systems for residential customers. Italian bank Intesa Sanpaolo also invested in the company.

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