EnergyMed 2017: EF Solar Italy among the participants at the Naples fair

Published on Monday, 3 April 2017

The joint venture between Enel Green Power and the infrastructure fund F2i participated in the event on renewable sources and energy efficiency, held at the Mostra d’Oltremare from 30 March to 1 April 2017. We talk about it with Antonio Paese.

 

The Mostra d’Oltremare of Naples was the setting for the tenth edition of EnergyMed, the international fair on renewable sources and energy efficiency in the Mediterranean, held from 30 March to 1 April 2017. With a trade show of over 8,000 square metres, the event attracts companies and experts from the industry each year to discuss topics related to solar, wind, high efficiency boilers and biomass, the recovery of materials and energy from waste, environmentally friendly vehicles and services. As always, the visitors could explore the area, divided into three sections dedicated to energy efficiency (“EnerEfficiency”), recycling (“Recycle”) and sustainable mobility (“Mobility”).

Also present at the fair was EF Solar Italy, the joint venture equally owned by Enel Green Power and the infrastructure fund F2i, founded to develop and strengthen the photovoltaic market in Italy. “We participated in EnergyMed with a stand dedicated to EF Solar Italy and by sponsoring the conference ‘What are the opportunities and prospects for photovoltaic’, organised on the morning of Friday, 31 March”, said Antonio Paese, Head of Scouting & Origination for EF Solar Italy.

“We spoke about the great potential of solar, the source of renewable energy that, at the moment, holds the greatest room for growth and consolidation, both for its domestic and industrial uses. The costs of photovoltaic have quickly decreased over time, in a curve that continues in one direction. Plenty of space was also given to technological innovations that can be included in photovoltaic plants to increase their efficiency”.

EF Solar Italy was founded in late 2015 in order to strengthen the presence of EGP and F2i in the Italian photovoltaic industry: “Having started with a portfolio of 250 MW, the joint venture now holds 360 MW and has set itself the goal of reaching the 1,000 MW threshold by acquiring already-operational photovoltaic plants, incentivised, within Italy”, added Paese. “Among our biggest achievements, we can mention the acquisition of the portfolio of photovoltaic plants for 60 MW held in Italy by Etrion, an operator in the solar energy industry publicly traded in Toronto and Stockholm”. The 17 plants acquired at the end of 2016 are located in Lazio (40.6 MW) and Puglia (19.3 MW) and in 2015 they produced a total of more than 100 million kWh of electricity. “At each plant, we transfer all of our practical know-how from Operations & Maintenance (O&M) to increase efficiency and improve energy production”.

Following these first significant results, “we have to demonstrate that this joint venture has reached its maturity”, concludes Antonio Paese. “After acquiring 110 MW, we need to consolidate the growth process which will see a substantial leap forward in the near future: in 2017 alone, we have planned to acquire at least 200 MW, an ambitious but feasible goal. So we are searching for photovoltaic plants for sale and every proposal will be carefully evaluated. Only through good relationship strategies with the territories and the various professionals present there will we be able to bring EF Solar Italy to consolidate its role as a leader in the industry”.