- PPC Group enters the Italian market with two new solar plants in Carcarello and Luxenia, totalling 32 MW.
- The plants will generate 60 GWh annually, powering 15,000 households, and support PPC’s goal of 11.8 GW in renewable energy capacity by 2027.
- The projects align with PPC’s regional expansion strategy, leveraging interconnections between Italy, Greece, and other Southeast European countries.
PPC Group has entered the Italian renewable energy market with two new solar plants. The Carcarello and Luxenia plants in Central Italy have a combined capacity of 32 megawatts (MW). The Carcarello plant has 20 MW, while Luxenia holds 12 MW.
These two plants represent PPC’s first steps into Italy. The plants feature 55,000 bifacial solar panels designed to increase energy production. Together, they will generate around 60 gigawatt-hours (GWh) annually. This amount can power 15,000 households.
The plants support PPC’s strategy to grow its renewable energy capacity. By 2027, the company plans to add 6.3 gigawatts (GW) to its portfolio, bringing its total renewable energy capacity to 11.8 GW. Currently, 60% of the planned projects are either under construction or ready for launch.
Due to its energy potential and infrastructure, PPC views Italy as a key market. The company aims to optimize its investments there, taking advantage of the synergies between Italy and Greece, where PPC already operates. The two countries share an interconnected energy network, which is crucial to PPC’s strategy.
PPC’s renewable energy reach extends beyond Italy. The company holds a significant portfolio in Southeast Europe, including 1.5 GW in Romania. The Italian projects represent just one part of its broader regional expansion. PPC collaborates with Metlen Energy & Metals on these projects, extending to other countries like Bulgaria and Croatia.
This partnership accelerates PPC’s growth in interconnected markets. It enables the group to deploy renewable energy assets quickly in countries with strong energy infrastructure. Italy ranks among these countries, with a well-developed grid that supports PPC’s objectives.
PPC’s expansion into Italy will also help diversify its energy assets. The group aims to boost profitability by reducing reliance on any single market and building a robust portfolio of renewable energy projects. PPC seeks steady growth by creating a strong portfolio of renewable energy projects.
The move into Italy aligns with PPC’s plan to become a leading player in the renewable energy sector across Southeast Europe. The company positions itself to exploit the rising demand for clean energy. With projects like these in Italy, PPC remains on track to meet its ambitious growth targets.
The Italian plants mark the first of many expected projects in the country. PPC aims to expand its renewable energy operations in Italy, leveraging favourable market conditions and strategic location. The company’s focus on solar energy aligns with Italy’s energy goals and transition to more sustainable power sources.
PPC’s entry into the Italian market also strengthens regional energy integration. The group boosts its position in the Southeast European energy landscape by expanding its presence in interconnected markets. The partnership with Metlen Energy & Metals reinforces this approach, enabling PPC to accelerate regional renewable energy projects.
As PPC Group grows its renewable energy capacity, it is poised to play a more significant role in Europe’s transition to clean energy. Its projects in Italy represent the beginning of a broader strategy to lead sustainable power generation across the continent.