The Energy Storage Report 2024

Now available to download, covering deployments, technology, policy and finance in the energy storage market

Altea Green Power launches 1GW of BESS in Italy


Altea Green Power contacted after publication to clarify that it would only be developing the projects and that the client that acquired them would be the one to build them.

Developer Altea Green Power has launched four battery energy storage system (BESS) projects in Italy, totalling 1GW of capacity.

This article requires Premium SubscriptionBasic (FREE) Subscription

Enjoy 12 months of exclusive analysis

  • Regular insight and analysis of the industry’s biggest developments
  • In-depth interviews with the industry’s leading figures
  • Annual digital subscription to the PV Tech Power journal
  • Discounts on Solar Media’s portfolio of events, in-person and virtual

Or continue reading this article for free

The four sites in central-southern Italy are being called the ‘Black BESS’ project and will be completed by the first half of 2024. Alongside three other groups of projects, called Green, Blue and Yellow BESS, the project will contribute to Altea Green Power’s 2GW BESS portfolio in Italy.

Altea Green Power said it is in “advanced negotiations” for a co-development sale agreement with two international investors for the portfolio. By 2026 Altea is aiming to have developed a BESS capacity of 5.5GW throughout Italy.

As wrote in a recent edition of Solar Media’s quarterly journal PV Tech Power, Italy’s grid-scale market is set to boom in the next few years as more renewables come online and transmission system operator (TSO) Terna puts in place measures to facilitate its growth on the grid.

Altea describes itself as a developer and EPC (engineering, procurement and construction) firm and recently discussed a separate 2GW pipeline of BESS it was selling in Italy with (Premium access). The company is also developing BESS projects in the ERCOT market in the US state of Texas.

Giovanni Di Pascale, CEO of Altea Green Power, commented on the start of construction of Black BESS: “We are convinced that this [energy storage] market constitutes the natural outlet and boost for renewable energy and that it has ample margin for evolution and growth. By 2026, in Italy, we aim to reach 5.5GW by making available all our engineering know-how gained over the years, thus consolidating our role as a reference player”.

BESS projects in Italy are likely to have a 4-5 hour duration as most of their activity will be energy-intensive activities like load shifting or capacity market provision.

Utility and IPP Enel is the most active in the country, announcing 1.6GW under construction earlier this year, most of which is in Sicily.’ publisher Solar Media will host the 9th annual Energy Storage Summit EU in London, 21-22 February 2024. This year it is moving to a larger venue, bringing together Europe’s leading investors, policymakers, developers, utilities, energy buyers and service providers all in one place. Visit the official site for more info.

Read Next

June 13, 2024
US$5 million will be made available for long-duration energy storage (LDES) projects via a competitive solicitation run by the New York State Energy Research and Development Authority (NYSERDA).
June 13, 2024
Developer Ethical Power has received planning consent for a 65MW solar-plus-storage project near Christchurch, New Zealand.
June 13, 2024
TCC Group Holdings, the majority owner of New HOrizons Ahead (NHOA), intends to increase its holding and take the company private, delisting it from the Euronext Paris exchange.  
June 12, 2024
Norway-headquartered renewable energy company Scatec will add 28.6MW of solar PV and 19.2MWh of battery energy storage systems (BESS) to projects in Cameroon, via a local subsidiary.
June 12, 2024
We hear from consultancy AFRY about how energy storage can reduce market risks for CfD-winning projects in the UK, now and in future, as Ørsted launches a BESS at a major wind farm project with a CfD.

Most Popular

Email Newsletter