Today we wanted to shed some light on why we chose Italy as the country to operate in. As you might guess, there is more to it than the delicious and well-known food, wine and coffee:
The most important factor is solar irradiation, where Italy has one of the highest values in all of Europe. In the following – and visualized on a map below – you can find a few reference points highlighting the differences:
Bad Vilbel, center of Germany – Our company is registered here: 1011 kWh/kWp
Piedmont, north of Italy – Most of our Coversol 1 plants are located here: 1212 kWh/kWp
Puglia, south of Italy – A few of our Coversol 1 plants are located here: 1426 kWh/kWp
The shown number is called yield and tells us the energy (kWh) a given plant will produce per installed capacity (kWp) on a yearly basis.
The national FER1 incentive for PV plants on industrial areas with capacity of up to 1 MW ensures the uptake of all energy production for the next 20 years for 9 cents/kWh, which leads to projects with very low-risk exposure
We performed an in-house GIS analysis to determine the industrial rooftop potential in Italy and arrived at an industrial rooftop market potential of almost 30 GWp. (this analysis was confirmed by the following article a few months ago: )
