SolarDuck, a Dutch-Norwegian supplier of OFPV expertise, has joined up with Inexperienced Arrow Capital, Italian Unbiased Asset Supervisor within the various funding world, and Italian developer New Developments s.r.l., to collaborate on the event of a 540 MW hybrid offshore wind-solar farm in Italy.
The Corigliano offshore hybrid wind-solar farm, situated within the gulf of Taranto off the coast of Corigliano-Rossano in Calabria, is deliberate to characteristic 28 floating wind generators for a wind capability of 420 MWp along with a 120 MWp OFPV farm for a mixed 540MW of capability. The OFPV farm alone will generate greater than 160GWh of photo voltaic vitality per yr.
The undertaking will set up SolarDuck’s distinctive elevated platform expertise that enables PV panels to be deployed in important wave heights while sustaining a protected working setting for entry and upkeep and minimizing environmental affect. As well as, the collaboration may also permit the harnessing of the complementarity of wind and photo voltaic vitality sources.
“With the present momentum, we imagine it is a distinctive alternative for the offshore renewable vitality trade to assist form a good regulatory framework and facilitate the scaling of OFPV. This isn’t simply vital for Italy, but additionally for different international locations within the Mediterranean. Our collaboration with New Developments and Inexperienced Arrow Capital may also function a catalyst for OFPV in Italy”, says SolarDuck CEO, Koen Burgers.
The undertaking is a part of Inexperienced Arrow Infrastructure of the Future Fund (GAIF), which invests in renewable vitality and digital infrastructure in high-potential markets in Europe.
Founder & CIO of Inexperienced Arrow Capital Group, Daniele Camponeschi, says “As pioneers of renewables in Italy, we regularly try to paved the way, exemplified by our modern offshore tasks. These cutting-edge infrastructures not solely generate inexperienced vitality contributing to sustainable vitality transition and independence but additionally show their complementarity to onshore installations, preserving valuable land sources.”
“The undertaking is at present underneath allowing with an estimated COD in 2028. We’re optimistic that it is a undertaking that can materialise and have affect on the regional financial system in Italy”, CEO Giovanni Guzzo, says.
The Italian ambition and the broader Mediterranean area
Italy has been actively laying the inspiration for offshore renewables with measures introduced in the direction of simplification of necessities for offshore wind tasks, however additional steps are anticipated quickly. Below the umbrella of the nationwide restoration and resilience plan, commitments have been made to additional simplify authorization procedures for renewable offshore crops. The Decree FER2 is quickly anticipated to introduce mechanisms to advertise renewable vitality tasks together with OFPV. It will allow the nation to faucet into its huge maritime potential and play a key function within the EU’s aggressive ambitions for decarbonisation.
The partnership between New Developments, Inexperienced Arrow Capital and SolarDuck, represents a robust alliance within the quest for a carbon-neutral future. By leveraging their mixed strengths and shared targets, the businesses intention to develop and implement modern options that cut back environmental affect and advance the adoption of renewable vitality. Supply: SolarDuck
