Headlines

June 2018

Impact of Nord Stream 2 and Turkstream on the Italian gas market and the importance of TAP

Powernews02 mins

Beginning of this month in Vienna has been signed an agreement to extend until 2040 the existing contract between Gazprom Export and OMV Gas Marketing & Trading for the Russian gas supplies to Austria. The current contract is valid until 2028. The Italian gas market stakeholders didn’t pay too much attention on this message.

In the last two years the European gas consumption is rising and the cold weather in Europe between end of February and beginning of March 2018 led to record daily import volumes of Gazprom at that time. Gazprom Export reported for 2nd March 2018 a daily import quantity to Europe of 713.4 million cubic metre which has never been reached before.

Why should this contract extension and in general the plans of Gazprom to bypass the Ukrainian transit route attract much more the interest of Italian stakeholders……..

Content available to “Powernews Yearly Subscription“ members only. If you are an existing subscriber, please login to access the content. If you are not a subscriber please subscribe a 7 days free trial clicking here.

Further exits from Enoi

Powernews01 mins

[vc_row][vc_column][vc_column_text]Milan-based gas and power trader Enoi loses the head of sales. According to market source Power-News has learned that the head of sales, Rocco Raimondi, has resigned from his role. Raimondi in Enoi since 2015 had previously worked at Alpiq Italia and DXT Commodities (formerly known as Dufenergy). The exit of Raimondi if confirmed follows…

Content available to “Powernews Yearly Subscription“ members only. If you are an existing subscriber, please login to access the content. If you are not a subscriber please subscribe a 7 days free trial clicking here.

EXCLUSIVE Further details emerge of Glennmont sale

Powernews01 mins

[vc_row][vc_column][vc_column_text]Further details have emerged on the 85 MW photovoltaic portfolio divestment of Glennmont (link news). The UK infrastructure fund is advised by Rothschild and the project code is “Project Tosca”. Currently the plants have not be refinanced and the binding offers are expected by 25th of July.[/vc_column_text][/vc_column][/vc_row]

Content available to “Powernews Yearly Subscription“ members only. If you are an existing subscriber, please login to access the content. If you are not a subscriber please subscribe a 7 days free trial clicking here.

EXCLUSIVE Octopus closes 5 years PPA in Italy

Powernews01 mins

[vc_row][vc_column][vc_column_text]UK photovoltaic investment fund Octopus, pioneer in Italy on the PV market parity (plants whose production does not benefit from any public incentives) has closed a power sales contract for a total of 70.5 megawatts. The portfolio comprises six power plants currently under construction in Lazio and Sardinia. The purchaser of the energy produced by…

Content available to “Powernews Yearly Subscription“ members only. If you are an existing subscriber, please login to access the content. If you are not a subscriber please subscribe a 7 days free trial clicking here.

German Green City enters Italian wind business

Powernews01 mins

[vc_row][vc_column][vc_column_text]German group Green City continues its expansion on the Italian renewable energy market with the acquisition of 80% of the share capital of San Bernardo Wind Energy, a company in the province of Cuneo, owner of the “Biovento” wind farm, with an installed capacity of 12,5 megawatts. The plant has an offtake contract with Lugano-based…

Content available to “Powernews Yearly Subscription“ members only. If you are an existing subscriber, please login to access the content. If you are not a subscriber please subscribe a 7 days free trial clicking here.

Ens Solar Five (Palladio), the Court of Milan approves composition with creditors

Powernews01 mins

[vc_row][vc_column][vc_column_text]Milan-based photovoltaic producer Ens Solar Five, wholly owned by Vei Green, obtained last week by Milan court the homologation of the direct-standing composition with creditors. Vei Green invests in renewable energy and is controlled by Pfh Palladio Holding, the Vicenza-based company founded by Roberto Meneguzzo, of which Giorgio Drago is CEO, who in 2012 together…

Content available to “Powernews Yearly Subscription“ members only. If you are an existing subscriber, please login to access the content. If you are not a subscriber please subscribe a 7 days free trial clicking here.

Guarantee of origin prices rise sharply at latest Gse auction

Powernews01 mins

[vc_row][vc_column][vc_column_text]Last Thursday the auction of Guarantee of Origin (GoO) reached another peak with prices rising strongly compared to the last auction of March. The GoO were sold by the State-owned Gse (Gestore dei Servizi Energetici). The GoO are related to production between January and April 2018. The Guarantees of Origin (GOs) are electronic certificates issued…

Content available to “Powernews Yearly Subscription“ members only. If you are an existing subscriber, please login to access the content. If you are not a subscriber please subscribe a 7 days free trial clicking here.

Falcks hires new chief information officer

Powernews01 mins

[vc_row][vc_column][vc_column_text]Milan-based Falck Renewables has hired Michela Bambara as Chief Digital and Information Officer. Previously she worked at gas network operator Snam Rete Gas and Edison. Falck Renewables owns a renewables assets portfolio of 964 MW across Italy, Spain, France, UK and USA. In Italy the wind portfolio has 291 MW of installed capacity while the…

Content available to “Powernews Yearly Subscription“ members only. If you are an existing subscriber, please login to access the content. If you are not a subscriber please subscribe a 7 days free trial clicking here.

Offtake, Edison loses on PV market, Next Kraftwerke rises in wind

Powernews01 mins

[vc_row][vc_column][vc_column_text]The German trader Next Kraftwerke increases the wind portfolio adding the Aren Electric wind farms. Since the beginning of June, Next Kraftwerke has added 58 MW to its portfolio, reaching 124 MW. Former off-taker was the South-Tyrol trader Energy.Trade, trading company of Psaier Energies group. Last month another company of the Psaier group, Energy.Dis, has…

Content available to “Powernews Yearly Subscription“ members only. If you are an existing subscriber, please login to access the content. If you are not a subscriber please subscribe a 7 days free trial clicking here.

Italy is competitive in the PV Grid Parity

Powernews01 mins

The PV grid-parity is a reality in the commercial segment in countries such Germany, Chile ,Italy and Spain, as shown by the 13th edition of the PV Grid Parity Monitor study published by…

Content available to “Powernews Yearly Subscription“ members only. If you are an existing subscriber, please login to access the content. If you are not a subscriber please subscribe a 7 days free trial clicking here.