Sunwin Energy to sell 375MW solar portfolio in Italy

The company has already entered into a framework agreement with a major European energy company for the same.

It has been informed that the portfolio includes 15 ground-mounted photovoltaic projects covering between 10MW and 75MW.

These PV projects are located at industrial sites, landfills and agro-photovoltaic areas.

Managing Director at Sunwin Energy Lars Konersmann, commented, “We are pleased to enter into this new partnership with an international and reputable player for a significant part of our 1GW-portfolio in development. The cooperation strengthens our position as an experienced greenfield developer in the dynamic Italian market.”

He further stated that the latest development enhances the company’s financial capabilities and growth as an independent developer.

Meanwhile, Capcora Director Henning Prigge, remarked, “We are glad to support this transaction in Italy underlining our strong position in the market. With an expected deployment of 5.1GW in 2022 with a lion share of solar power, Italy is back among the leading renewable energy markets in Europe providing a great outlook for solar investments.”

According to the company, the projects are expected to come into operation between 2023 and 2026.