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Last Updated on 28
Iberdrola has signed an agreement with ib vogt for the construction of a 245 MW photovoltaic project in Sicily, Italy. Iberdrola plans to add 60 MW, bringing the total to 305 MW.
The project, called Fénix, is scheduled to start construction in March, and it will be the largest photovoltaic project under construction in the country. Italy currently has only 60 plants with more than 10 MW, and the average project is 26 MW.
The initial project has sufficient capacity to cover the needs of more than 140,000 families with emission-free green energy. Furthermore, Iberdrola aims to reach an installed capacity of 400 MW by 2025 in Italy.
When operational, with its 424,638 photovoltaic modules, the plant will generate around 400 GWh per year, avoiding the emission of 119,000 metric tons of CO2 into the atmosphere. In addition, it is expected to create direct local employment for around 500 workers during the construction phase and more than 100 permanent jobs during the commercial operation phase.
The agreement for the construction of Fénix consolidates Iberdrola's growth in the Italian market and its contribution to the country's energy security. Moreover, this type of facility facilitates the decarbonization efforts of large industrial customers by providing renewable energy through the sale of long-term power contracts.
Project Fenix stands as a significant development for both Italy and Iberdrola. It signifies Italy's commitment to accelerating its clean energy transition and positions Iberdrola as a major player in this endeavor. The project serves as a stepping stone towards a cleaner and more sustainable future for both entities.
Establish Iberdrola in the Italian renewable energy market: The project strengthens Iberdrola's presence in Italy, aiming to reach a total installed capacity of 400 MW by 2025.
Increase Italy's renewable energy production: Fenix will be the largest solar power plant in Italy, contributing significantly to the country's clean energy goals and reducing reliance on fossil fuels.
Support Italy's clean energy transition: By providing clean power for over 140,000 households, Fenix plays a crucial role in Italy's shift towards a more sustainable energy mix.
ib vogt is an international renewable energy development platform headquartered in Berlin, Germany. Founded in 2002, the company specializes in the development, design, financing, construction, operation, and maintenance (O&M) of solar power plants worldwide.
The company offers a comprehensive solution, covering all aspects of a project from initial development to long-term operation and maintenance. The company has a presence in various countries, including Germany, Spain, Italy, Singapore, and India.
To further learn about the organization's upcoming and ongoing projects, explore our global solar PV database.
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