Italy is the world’s eighth largest economy. It has long been at the cutting edge of renewable energy and presents an exceptional opportunity for renewable energy development.
- Today, over one third of all electricity produced in Italy comes from green sources, including solar photovoltaic, wind power, hydroelectric power, bioenergy, and geothermal
- Italy ranks third in Europe for both renewable power consumption and electrical and thermal power production from renewable resources
- Italy is one of 14 EU countries that reached its 2020 target of renewables as a percentage of total energy consumption (18.2% versus a 17% target)
- Italy’s Integrated National Plan for Energy and Climate (PNIEC) outlines the country strategy from 2021 to 2030 in relation to decarbonization, energy efficiency, self-consumption vs. distributed generation, and energy security. In the Plan, Italy aims to achieve 55% of electricity generation from renewables by 2030
- Over the last 3 years, the government has issued the FER 1 decree and as two Simplification Decrees to speed the development of renewables sector
Ortus Power Resources Italy
Since 2019, Ortus Power Resources Italy, Srl (OPRI) has been building a renewable energy platform that is diversified in terms of technology, geographic region, development partners and equipment suppliers.
As of Q2 2022, OPRI’s portfolio and pipeline is composed of more than 40 projects in development and corresponding to more than 1 GW of solar and wind power generation. The photovoltaic portfolio is spread across 9 regions in Italy, reaching 350 MW of capacity, and is composed of multiple projects of solar on agricultural land, solar on industrial land, and agrivoltaic solar. The onshore wind portfolio is spread across 6 regions in Italy, reaching 650 MW of capacity.
Ortus Italy is a proud member of the National Association of Wind Energy