The Italian Embassy in Hanoi, Vietnam, is becoming greener thanks to a new solar power plant designed and built by the collaboration of a value chain of Italian renewable energy companies working in international markets. The lead partner in this initiative is Limes Renewable Energy.

The developer Limes Renewable Energy and Tayan Energy Investment have signed a partnership to acquire photovoltaic projects in Italy, for a total power of about 55 MW.

The Lazio Region has authorized the construction of a ground mounted photovoltaic plant with a power of 17.3 MWp in the municipality of Tuscania, in the province of Viterbo.

Italian renewables developer Limes has announced the opening of a Chilean base as it works to potentially double the size of its development pipeline in the nation.

There is a close link between the recently announced partnership between European Energy and Limes Italia and the incentivised renewable electricity purchase contract signed between European Energy and Axpo Italia.

Driven by the attractive Feed-in Tariff of USc 9.35/kWh, the first round of incentive tariffs was very successful, with over 3GWp of Master Plan applications approved and awaiting signature of PPAs and grid connection agreements.

Funds have been secured from primary institutional investors and high net worth individuals enticed by the increasing attractiveness of the Italian subsidy-free solar market.