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Italy: Edison and Kgal sign Ppa agreement to develop 150 MW photovoltaic plant 

Edison, a leading energy transition company with 140 years of industrial leadership, and the German renewable energy fund manager Kgal, Kgal Espf 4, announce that they have signed a Power Purchase Agreement (Ppa) aimed at the development of a photovoltaic plant in Lazio. With an installed capacity of about 150 MW, the plant will be one of the largest photovoltaic plants in Italy. The agreement has a 10-year term and provides for Edison’s collection of all the renewable energy produced (attested by the relevant guarantees of origin), while Kgal will take care of the construction and subsequent operational management of the asset. According to estimates, the plant will produce about 240 GWh annually, avoiding the emission into the atmosphere of more than 100,000 tons of CO? equivalents per year.

Link: https://www.repubblica.it/economia/rapporti/energitalia/lascossa/2023/10/10/news/edison_e_kgal_firmano_accordo_ppa_per_lo_sviluppo_di_un_impianto_fotovoltaico_da_150_mw-417448173/

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