Agnes Floating Solar PV Park is a 100MW solar PV power project. It is planned in Emilia-Romagna, Italy. The project is currently in permitting stage. It will be developed in single phase. The project construction is likely to commence in 2023 and is expected to enter into commercial operation in 2025.

Project Type Total Capacity (MW) Active Capacity (MW) Pipeline Capacity (MW) Project Status Project Location Project Developer
Solar PV 100 100 Permitting Emilia-Romagna, Italy AGNES; Qintx Holding; Saipem

Description

The project is being developed and currently owned by AGNES, Qintx Holding and Saipem. The company’s ownership stake in the project stands as 33.34%, 33.33% and 33.33% respectively.

Agnes Floating Solar PV Park is a floating solar project.

Development Status

The project construction is expected to commence from 2023. Subsequent to that it will enter into commercial operation by 2025.

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About Saipem

Saipem SpA (Saipem) is an engineering, procurement, construction (EPC) contractor. It offers integrated basic design, pre-front end engineering design (FEED), management of complex projects, from design to decommissioning in extreme environments including remote areas and deep waters. It serves energy and infrastructure sectors. The company offers drilling services to oil and gas upstream companies. It also offers consulting services that add value to its clients’ operations. Its fleet includes drilling rigs, construction vessels, floating production and storage offloading vessels. It has operational presence in Europe, Americas, Africa, the Middle East, Far East and Oceania, Commonwealth of Independent States, and Asia. Saipem is headquartered in Milan, Italy.

Methodology

All power projects included in this report are drawn from GlobalData’s Power Intelligence Center. The information regarding the project parameters is sourced through secondary information sources such as electric utilities, equipment manufacturers, developers, project proponent’s – news, deals and financial reporting, regulatory body, associations, government planning reports and publications. Wherever needed the information is further validated through primary from various stakeholders across the power value chain and professionals from leading players within the power sector.