Latest
Features , Featured Articles , Long Reads
Prysmian’s chief purchasing officer said the agreement is a “key component of Prysmian’s sourcing strategy.” Image: Andreas Gücklhorn on Unsplash
Italian energy company Edison Energia has signed a power purchase agreement (PPA) with electrical cable manufacturer Prysmian.
Under the “multi-year” corporate PPA, Prysmian will purchase power from a 150MWp solar PV plant in the Viterbo province in central Italy. Prysmian said the deal would supply around 25% of its current annual electricity consumption in Italy.
This article requires Premium Subscription Basic (FREE) Subscription
Unlock unlimited access for 12 whole months of distinctive global analysis
Photovoltaics International is now included.
Regular insight and analysis of the industry’s biggest developments
In-depth interviews with the industry’s leading figures
Unlimited digital access to the PV Tech Power journal catalogue
Unlimited digital access to the Photovoltaics International journal catalogue
Access to more than 1,000 technical papers
Discounts on Solar Media’s portfolio of events, in-person and virtual
Or continue reading this article for free
Maria Cristina Bifulco, chief investor relations, sustainability and communication officer at Prysmian said: “By securing a long-term supply of renewable energy, we are not only enhancing our environmental impact but also benefiting from stable energy costs.”
Prysmian’s chief purchasing officer, Laura Colli, added that the agreement is a “key component of Prysmian’s sourcing strategy.”
Utility-scale solar has had a resurgence in Italy over the last two years. Over 3GW of utility-scale solar PV capacity was added in 2024 in Italy, according to national trade body Italia Solare, in a significant expansion of the sector’s capacity compared with previous years.
Utility-scale solar has taken over the mantle from residential PV in the Italian market; the end of the government’s Superbonus scheme for residential solar adoption saw the latter decline by over 20% in 2024 while greater activity in the utility-scale sector pushed Italy’s total solar additions to their highest level since 2011.
The European solar PPA market has been marked by falling prices and increased corporate demand over recent months. PPA reports from both LevelTen Energy and Pexapark showed that prices had fallen across 2024, to the extent that Pexapark recorded “accelerated frequency of low, zero and negative pricing hours”.
Notably, Italy was the only European market where the number of negative pricing hours did not rise over the last year.
Sustained low PPA prices have simultaneously drawn corporations to long-term offtake deals and ushered in new innovations in PPA types and structures, the reports said. Political and regulatory changes have also pushed companies towards PPAs and away from schemes like Contracts for Difference across much of the continent.
The REPower EU Plan has boosted the clean energy revolution, with the total EU solar PV fleet now amounting to over 260GW. But challenges remain – workforce gaps, supply chain disruptions, grid bottlenecks, and volatile energy prices threaten to slow progress. Join us at the Large Scale Solar Summit EU as a Speaker, Sponsor or Attendee and be part of the solution!
Messe Stuttgart Stuttgart, Germany
Meet battery manufacturers, suppliers, engineers, thought leaders and decision-makers for a conference and battery tech expo focused on the latest developments in the advanced battery and automotive industries.
Stay plugged in for all the latest information on The Battery Show Europe 2024 including:
Keynote Speakers & Conference
Overview Show Features Floor Plan & Exhibitor
News Travel & Transport information
PV Tech has been running PV ModuleTech Conferences since 2017. PV ModuleTech USA, on 17-18 June 2025, will be our fourth PV ModulelTech conference dedicated to the U.S. utility scale solar sector. The event will gather the key stakeholders from solar developers, solar asset owners and investors, PV manufacturing, policy-making and and all interested downstream channels and third-party entities. The goal is simple: to map out the PV module supply channels to the U.S. out to 2026 and beyond.
Large Scale Solar Central and Eastern Europe continues to be the place to leverage a network that has been made over more than 10 years, to build critical partnerships to develop solar projects throughout the region.
Understanding PV module supply to the European market in 2026. PV ModuleTech Europe 2025 is a two-day conference that tackles these challenges directly, with an agenda that addresses all aspects of module supplier selection; product availability, technology offerings, traceability of supply-chain, factory auditing, module testing and reliability, and company bankability.
Read Next
France has revised down its solar PV target by 2035 from 100GW to 90GW in its latest Multiannual Energy Programme (PPE3).
The company signed a 25-year power purchase agreement with Egypt Aluminium for a 1.1GW/200MWh solar-plus-storage project in the country.
Consisting of three utility-scale projects – 105MWp, 73MWp and 26MWp, respectively – the projects are expected to be completed in 2026.
CIP said it expected the CI V fund to add up to 30GW of renewable energy generation and storage assets to global energy grids.
China’s latest tender results show the spot price of n-type modules increasing from RMB0.7/W to as much as RMB0.75/W.
Many of the mechanisms used to manage the finances of the solar sector have not kept pace with the rate of capacity additions.
Subscribe to Newsletter
Most Read
News , Features , Interviews
Upcoming Events
12pm EST / 4pm GMT / 5pm CET
Renaissance Dallas Addison Hotel, Dallas, Texas
Media Partners , Solar Media Events
https://www.pv-tech.org/edison-energia-prysmian-in-150mw-italy-solar-pv-ppa/
