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.
Intersolar Europe: Could Chinese setback mean a European comeback?
While tariffs may inhibit India’s ability to benefit from anticipated record low Chinese panel prices, Japan already has a strong pipeline and two of the world’s solar pioneers – Spain and Italy – could be given a shot in the arm by new administrations.
