Solar park under Italian sun
SENS Italia builds 17 MWp for KGAL
The site is a 23-hectare former quarry in Montecchio Emilia, Italy. Over the coming months, SENS Italia will build a 17 MWp solar park on this extensive site, which will supply the region with approximately 25,000 MWh of regenerative energy per year. Shining for up to ten hours a day during the summer months, the Italian sun provides the perfect reason for expanding the country’s renewable energy production.
SENS Italia makes the most of the sun
Development work was incredibly fast and highly focused. Progress raced from the initial meeting to contract conclusion in only four weeks. For this, SENS owes particular thanks to the legal representatives involved, DWF (for SENS) and Orrick (for KGAL), for their positive support. “We were once again delighted by the professional and extremely rapid preparation of the project by the team at SENS,” said Michael Ebner, Managing Director Sustainable Infrastructure of KGAL Investment Management GmbH & Co. KG. For SENS and KGAL, the project represents a further continuation of their many years of partnership. They have already worked successfully together, notably in Italy and Spain.
SENS is the developer and EPC partner for the project, which is due on site at the backfilled former quarry in northern Italy in the first quarter of 2022, with completion planned for the end of the same year. The solar experts at the Italian SENS subsidiary are responsible for the development of the project, the implementation of the turnkey solar park and its ongoing operation. This includes the management and feed-in of the energy into the regional grid and the subsequent O&M services.
Once the solar park is connected to an existing substation in northern Italy, the Emilia Romagna region gains from the 25,000 MWh of electricity it produces annually. This PV park alone saves 6,250 tonnes of climate-damaging CO2 per year.
SENS wins feed-in tariff in auction
This PV system has been a particular success for our Italian colleagues and the entire SENS team. SENS won a feed-in tariff for this 17 MWp project in an auction, which confirms the quality of the solar company’s performance as a project developer. To date, this is one of the few PV systems of this size to reach the construction stage in Italy with the help of a feed-in tariff.
Another 3 GWp by 2025
However, the current project in Montecchio Emilia is just the beginning: in the next few years, another construction phase is planned to follow, as well as several other projects in the surrounding region with a total capacity of around 60 MWp. Thanks to the Italian sun, a total of approximately 100,000 MWh will be produced per year in the future.
“With this project pipeline, we are getting closer to expanding our first gigawatt in Italy,” explains Sarah Herresthal, Managing Director of SENS Italia. “I am unbelievably proud of the whole team, who have worked every day to drive forward the expansion of renewables in Italy. This is another step on our way to our objective of adding a further 3 GWp of capacity across the whole of Italy by 2025,” she adds, looking forward to the upcoming projects.
About Iqony Solar Energy Solutions
Iqony Solar Energy Solutions GmbH (SENS) is a service provider based in Würzburg with worldwide operations in the field of renewable energies. Its range of services includes the development and construction of turnkey solar parks, the maintenance and operational management of PV systems and the implementation of energy solutions for commerce and industry - such as rooftop PV systems, e-charging stations and energy storage systems. SENS has been part of the Iqony Group since July 2019 and employs approx. 270 people at nine locations in Germany and abroad.
For more than 80 years Iqony has represented efficient and reliable power generation, both in Germany and internationally. As experienced partners we provide our customers with comprehensive support on all aspects of energy supplies. We plan, develop, implement, operate and market highly efficient energy solutions – from distributed and regenerative generation facilities to large power stations and their associated products. In addition to custom-made solutions for the supply of electricity and heating, we offer a wide range of energy services based to an ever-increasing extent on renewable energies.
The KGAL is a leading independent investment and asset manager with an managed investment volume of over €15 billion. The investments focus on long-term capital investments in real estate, sustainable infrastructure and aviation assets for institutional and private investors. Founded more than 50 years ago, the Group operates across Europe and has its registered office in Grünwald near Munich. The Group’s 345 employees consider aspects of risk and return in helping to achieve stable yields on a lasting basis.
Symbolic Image: Daniel Tudor (solar park in Szöd, Hungary)