Eni SPA-controlled Italian vitality agency Plenitude has signed a 10-year company energy buy settlement (PPA) with a metal firm for the availability of vitality produced 100% from a renewable supply.
Plenitude’s settlement with Ferriera Valsabbia covers the complete output of a 15-megawatt (MW) wind farm owned by Plenitude and situated within the municipality of Sannicandro di Bari in Apulia, Italy.
The vitality generated by the plant, which can quantity to greater than 350 gigawatt-hours (GWh) over the complete interval, will contribute to assembly the vitality wants of Ferriera Valsabbia’s amenities beginning in September, Eni stated in a information launch.
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“The settlement with Ferriera Valsabbia demonstrates our dedication to supporting additionally necessary industrial teams on their path to decarbonization. PPAs will not be solely a strategic lever for long-term vitality value stabilization, but additionally an important asset for the vitality transition,” Alessandro Della Zoppa, Plenitude Head of Renewables, stated.
“With this PPA, we’re taking an extra step in the direction of the decarbonization of our enterprise, confirming the significance of building medium- to long-term partnerships with widespread objectives,” Ruggero Brunori, Ferriera Valsabbia CEO, stated.
Plenitude operates within the vitality market with a particular enterprise mannequin that integrates renewable manufacturing, vitality gross sales and options and a large community of charging factors for electrical autos, in accordance with Eni. The corporate targets to succeed in over 8 GW of put in renewable capability by 2027 and over 15 GW by 2030.
Ferriera Valsabbia is a metal firm based mostly in Odolo, situated within the province of Brescia, Italy. It specializes within the manufacturing of reinforcing metal bars for bolstered concrete. The completed product, made by melting scrap iron in an electrical arc furnace, comprises greater than 95 p.c recycled materials. With this settlement, Ferriera Valsabbia is additional lowering its environmental influence by considerably rising its use of vitality from renewable sources, in accordance with the discharge.
Final month, Plenitude inaugurated the 50-MW Villanueva II photo voltaic plant in Torrejoncillo del Rey, Cuenca, Spain. The park was developed over an space of virtually 100 hectares and is related to the nationwide transmission grid on the Villanueva de los Escuderos junction through the Torrejoncillo del Rey electrical energy substation and a 17.4-mile (28-kilometer) overhead high-voltage line.
The ability has greater than 76,000 photovoltaic modules and produces 100 GWh per yr of electrical energy, Eni stated in an earlier information launch. The undertaking was developed in partnership with the Zaragoza Group and Solida Renewables.
Additionally on the renewable vitality entrance, Eni and native accomplice NC KazMunayGas JSC (KMG) began setting up a 250-megawatt renewable energy-gas energy plant in Zhanaozen, Kazakhstan, in the identical month.
The undertaking is “Kazakhstan’s first hybrid energy plant integrating photo voltaic, wind, and gasoline energy to supply and provide low-carbon, steady electrical energy to KMG subsidiaries within the [Mangystau] area”, Eni stated in a separate assertion. Within the nation’s renewable vitality sector, Eni has 150 MW in declared put in capability.
To contact the writer, e mail rocky.teodoro@rigzone.com
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