The Italian power utility and the Dutch investment firm have agreed to acquire the first 137.5 MW of a 275 MW PV project under development in Australia. The second 137.5 MW project’s unit will be bought by the two companies later this year.
The Italian utility is laying the foundations for solar cell production at its PV panel manufacturing facility. The final goal of the project is 1 GW commercial cell production. Meanwhile, Enel Green Power has secured the PPA for a 34 MW PV facility in Zambia, and has broken ground on a 238 MW solar park in Mexico.
The huge solar project was selected in the energy auction held by the Mexican government in 2016. The plant will be located in the state of Coahuila and will be connected to the grid in the second half of 2018.
The renewable energy unit of Italian utility Enel installed 763 MW of additional solar capacity in 2016. Most of this capacity is located in Latin America and South Africa.
Italy’s ENEL will invest €80 million ($84.4 million) to convert its PV module manufacturing facility, in southern Italy, from amorphous silicon to bi-facial heterojunction modules. ENEL expects to launch its new modules in 2018 and to reach a capacity of 240 MW in 2019.
In its 2013 to 2017 business plan, Enel Green Power states its aim to install 55 MW of photovoltaic capacity in Romania, and 21 MW in Italy by 2017.
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