Mytilineos Group announced that it has been awarded a 52.8-megawatt solar project in an Italian RES auction.
The statement from the group said it has strengthened the position of its renewable energy unit (RSD Business Unit) in the Italian energy market by securing 20-year contract for differences (CfD) with the Italian state-owned agency, GSE, for the price of 65.17 euros/MWh.
This contract relates to a 52.8 MW solar project Porto Torres in northwest Sardinia, a region identified as a strategic hub for the Italian market by Mytilineos. The project has been fully developed and is ready to build.