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Iberdrola

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Iberdrola to build 245MW PV plant in Sicily, Italy’s “largest”

The collaborative venture between Spanish utility Iberdrola and solar developer ib vogt to construct a 245MW solar PV plant in Sicily, northern Italy, marks a significant milestone for both the country and the environment. The project, named Fenix, not only stands as a testament to the growing commitment to renewable energy but also holds the potential to reshape Italy's energy landscape.

The importance of Fenix lies not only in its sheer capacity, making it Italy's largest solar PV plant once operational, but also in its broader implications for sustainability. As Italy witnesses a surge in solar capacity additions, the focus on Sicily underscores the region's emergence as a key player in the renewable energy sector. The planned addition of 60MW to Fenix further solidifies its position as a cornerstone in Italy's renewable energy infrastructure.

Distributed generation, a driving force behind the country's solar growth, has played a pivotal role in adding over 5.2GW of capacity in 2023 alone—the highest in more than a decade. Iberdrola's commitment to expanding its Italian footprint aligns with this trend, as evidenced by its ambitious goal of achieving an installed capacity of 400MW in Italy by 2025.

The significance of this project extends beyond the immediate economic benefits, encompassing environmental considerations and contributing to Italy's broader renewable energy objectives. With a commitment to commence construction in March and a comprehensive plan to initiate multiple projects throughout the year, Iberdrola aims to play a pivotal role in Italy's sustainable energy transition.

This endeavor is not just a milestone for Iberdrola but also reflects broader European support, with the company securing a €150 million (US$163 million) loan from the European Investment Bank (EIB) a year ago. The financial backing underscores the shared commitment to fostering renewable energy development in Italy, emphasizing its strategic importance in the broader European context.

Moreover, ib vogt's recent success in securing a €65 million project financing debt facility for a 93MWp solar PV plant in Ireland reinforces the positive momentum within the renewable energy sector. As these projects take shape, they stand as beacons of progress, contributing to a sustainable future and setting the stage for a cleaner, more resilient energy landscape in Italy and beyond.



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  • George Kariuki

    6 w

    This project is a game-changer for Sicily and a big leap towards a greener future for Europe! #Sustainability #CleanEnergy Looking forward to seeing more projects like this one!

    3
    • Edwin wangombe

      5 w

      @george_kariuki Well said... this project is a wake-up call for European countries lagging in transitioning to renewable energy.

      1
    • walter lungayi

      6 w

      This showcases a commitment to renewable energy development, contributing to Italy's clean energy transition and reducing carbon footprint.

      3
      • Edwin wangombe

        5 w

        @walter_lungayi Italy is showing the rest of the world the way to go to achieve their climate goals and targets. if only we can get more countries transitioning to renewable energy we will win the fight against climate change.

        1
      • Princess

        6 w

        This initiative represents a major milestone in the country's renewable energy efforts and signifies a step forward in the fight against climate change.

        4
        • Edwin wangombe

          5 w

          @princess_nel_268 Yes... and the world needs to note that fighting climate change is a fight we can win if only we work together and encourage such international collaborations as displayed by the two parties involved in this project.

          1
        • Chris Ndungu

          6 w

          This show how serious some countries are toward climate sustainability. Not only those countries that will inherit the benefit of their collaboration but also the rest of the countries in the world will get a chance to taste the fruit.

          4
          • Edwin wangombe

            5 w

            @chris_ndungu I agree with you on this, it is encouraging to see such commitment from Italy I hope the neighbors will benchmark and adopt this trend

            1
          • Elizabeth Gathigia

            6 w

            It will be a great initiative,, investing in clean energy is the key to a sustainable future

            4
            • Edwin wangombe

              5 w

              @elizbeth_gathigia Well said the more such projects come up globally the more the world will be less dependable on fossil fuels which is one way of ending fossil fuel use.

              1
            • Sarah Chabane

              6 w

              This is great to see Italy jumping on the renewables train!

              5
              • Edwin wangombe

                5 w

                @sarah_chabane_874 I hope this action by Italy will have a ripple effect on its neighbors encouraging them to follow suit...

                1
              • johnte ndeto

                6 w

                This initiative underscores the growing trend towards renewable energy adoption and contributes to Italy's transition to a more sustainable energy mix.

                10
                • Edwin wangombe

                  5 w

                  @johnte_ndeto I support your sentiments...This is a great step towards achieving a sustainable clean energy source in Italy... Renewable energy is eco-friendly, sustainable, and affordable which makes it the best option.

                  1
                • Rukia Ahmed Abdi

                  6 w

                  245MW of green energy is such a huge achievement. Great step by Italy's ib vogt.

                  10
                  • Edwin wangombe

                    5 w

                    @rukia_ahmed_abdi It is encouraging to see Italy joining the rest of the world in transitioning to renewable energy... such a big project will make a huge difference in Italy's energy sector and will also help reduce its dependence on fossil fuels

                    1
                  • Joseph Githinji

                    6 w

                    This are laudable efforts that will go a long way in creating a sustainable environment. Investing in clean energy is noble.

                    6
                    • Edwin wangombe

                      5 w

                      @joseph_githinji Such efforts should be Applauded and serve as an example for other countries to follow as going the renewable way is the only way we will achieve a sustainable future for our planet...

                      1
                    • Rotich Kim

                      6 w

                      Green energy should be adpot

                      6
                      • Edwin wangombe

                        5 w

                        @rotich_kim I also encourage the adoption of green energy as it is the only way that will help reduce the amount of pollution caused by burning fossil fuels... renewable energy sources are the way to go...

                        1
                      • Kevin

                        6 w

                        Glad seeing such formidable renewable energy projects.

                        5
                        • Edwin wangombe

                          5 w

                          @Kevin I agree with you...this is a commendable collaboration between the two parties that will help the environment and encourage international relations

                          1
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