{"id":4191,"date":"2020-05-15T13:42:49","date_gmt":"2020-05-15T21:42:49","guid":{"rendered":"https:\/\/solarpowerinvestor.com\/?p=4191"},"modified":"2022-06-15T22:35:14","modified_gmt":"2020-05-30T05:13:02","slug":"powertis-expands-developments-in-italy-and-spain-aiming-to-exceed-2-gw-solar-capacity-in-international-portfolio","status":"publish","type":"post","link":"https:\/\/solarpowerinvestor.com\/powertis-expands-developments-in-italy-and-spain-aiming-to-exceed-2-gw-solar-capacity-in-international-portfolio\/","title":{"rendered":"Powertis expands developments in Italy and Spain aiming to exceed 2 GW solar capacity in international portfolio"},"content":{"rendered":"<p><em>Soltec&acirc;&#128;&#153;s Powertis expands their international portfolio through various new developments in prime Italian regions. This announcement follows their recent joint venture with Total in Spain, which together has bolstered their international portfolio to more than 2GW of solar capacity between Italy and Brazil&acirc;&#128;&#153;s pipeline.&nbsp;<\/em><\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p><a href=\"https:\/\/powertis.com\/en\/#home\">Powertis<\/a> announced their plans to enter the Italian solar market on <a href=\"https:\/\/renewablesnow.com\/news\/spains-powertis-lands-in-italy-with-500-mw-solar-plan-698047\/\">May 7, 2020<\/a>. These projects will be located in Basilicata, Puglia, Sicily, Sardinia and Lazio, which are promising regions of Italy. Italy is pursuing a goal to produce more than 30 GW of solar capacity by 2030 and Powertis is hoping to help them achieve this. Powertis plans to reach 1 GW of solar assets in Italy by 2030, including their new developments in the pipeline between Italy and Brazil. These projects increase their international portfolio to exceed 2 GW, while their <a href=\"https:\/\/powertis.com\/en\/powertis-entry-in-the-italian-solar-photovoltaic-market-with-500-mw\/\">current portfolio<\/a> adds up to 500 MW.<\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:image {\"align\":\"left\",\"id\":4192,\"width\":316,\"height\":177,\"sizeSlug\":\"large\"} -->\n<div class=\"wp-block-image\"><figure class=\"alignleft size-large is-resized\"><img decoding=\"async\" src=\"https:\/\/i1.wp.com\/solarpowerinvestor.com\/wp-content\/uploads\/2020\/05\/image.jpeg?fit=1024%2C1024&amp;ssl=1\" alt=\"Powertis entry in the Italian solar photovoltaic market with 500 MW\" class=\"wp-image-4192\" width=\"316\" height=\"177\" srcset=\"https:\/\/solarpowerinvestor.com\/wp-content\/uploads\/2020\/05\/image.jpeg 300w, https:\/\/solarpowerinvestor.com\/wp-content\/uploads\/2020\/05\/image-768x430.jpeg 768w, https:\/\/solarpowerinvestor.com\/wp-content\/uploads\/2020\/05\/image-750x420.jpeg 750w, https:\/\/solarpowerinvestor.com\/wp-content\/uploads\/2020\/05\/image-1140x638.jpeg 1140w\" sizes=\"(max-width: 316px) 100vw, 316px\" \/><figcaption>Source: https:\/\/powertis.com\/en\/powertis-entry-in-the-italian-solar-photovoltaic-market-with-500-mw\/ <\/figcaption><\/figure><\/div>\n<!-- \/wp:image -->\n\n<!-- wp:paragraph -->\n<p>Powertis is part of <a href=\"https:\/\/soltec.com\">Soltec Power Holdings<\/a>, which is a Spanish based company driven to develop and invest in large scale solar projects within Europe and Latin America. Their recent projects in Italy will bolster their portfolio to reach this goal and build their international presence. Roberto Capuozzo is the Country Manager in Italy who explained the opportunity they have capitalized on saying &acirc;&#128;&#156;Italy is a great strategic opportunity for the company in terms of growth and international development, being this one of the markets with the greatest potential in Europe for the photovoltaic sector&acirc;&#128;&#157;. Powertis is run by CEO and cofounder <a href=\"https:\/\/www.linkedin.com\/in\/pablo-otin-5392384\/\">Pablo Otin<\/a>, who is also working ambitiously to achieve these goals of growth with several other projects in similar areas.<\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Back in the beginning of February, Powertis also began a <a href=\"https:\/\/powertis.com\/en\/powertis-signs-an-agreement-with-total-for-the-joint-development-of-1-gw-of-pv-projects-in-spain\/\">co-development venture<\/a> with <a href=\"https:\/\/www.total.com\/france\">Total<\/a>. Total is an energy company based in France, and although they focus on all types of energy production, they are expanding beyond the petroleum and natural gas industry into the renewables market. This joint energy sales agreement gives Powertis the ability to produce up to 1GW of solar energy in Spain, which will contribute to the reduction of about 750,000 tons of CO2.<\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:image {\"align\":\"right\",\"width\":433,\"height\":233} -->\n<div class=\"wp-block-image\"><figure class=\"alignright is-resized\"><img decoding=\"async\" src=\"https:\/\/powertis.com\/wp-content\/uploads\/2020\/03\/Noticia-1-min.jpg\" alt=\"Powertis signs an agreement with Total for the joint development ...\" width=\"433\" height=\"233\"><figcaption>Source: https:\/\/powertis.com\/en\/powertis-signs-an-agreement-with-total-for-the-joint-development-of-1-gw-of-pv-projects-in-spain\/ <\/figcaption><\/figure><\/div>\n<!-- \/wp:image -->\n\n<!-- wp:paragraph -->\n<p>Powertis continues with its strategy of growth&nbsp; in the development of photovoltaic solar energy projects in the bilateral PPA market. The company already has a portfolio of projects, including identified opportunities, in different phases of development in Spain that exceed 950MW of capacity. The details of this joint venture allow Total the right to purchase solar projects built by Powertis until February 2021. Powertis will remain the leader of these developments through this time period and Soltec, their partner company, will remain the supplier for all equipment and aid needed for the various phases of the development.<\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>With the combination of these two projects, Powertis is making strides to hit their solar goals despite the current fluctuating economic situation. Both Spain and Italy are ideal locations to continue their international growth, and by working towards the goals both countries have set for solar power they are able to have their support on these ventures.<\/p>\n<!-- \/wp:paragraph -->","protected":false},"excerpt":{"rendered":"<p>Soltec&acirc;&#128;&#153;s Powertis expands their international portfolio through various new developments in prime Italian regions. This announcement follows their recent joint venture with Total in Spain, which together has bolstered their international portfolio to more than 2GW of solar capacity between Italy and Brazil&acirc;&#128;&#153;s pipeline.&nbsp; Powertis announced their plans to enter the Italian solar market on [&hellip;]<\/p>\n","protected":false},"author":1742,"featured_media":4055,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_uag_custom_page_level_css":"","footnotes":""},"categories":[8],"tags":[3467,3492,3001,518],"class_list":["post-4191","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-industryresearch","tag-european-energy","tag-latin-america","tag-solar-energy","tag-solar-industry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v18.5 (Yoast SEO v22.7) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Powertis expands developments in Italy and Spain aiming to exceed 2 GW solar capacity in international portfolio - Solar Power Investor<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/solarpowerinvestor.com\/powertis-expands-developments-in-italy-and-spain-aiming-to-exceed-2-gw-solar-capacity-in-international-portfolio\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Powertis expands developments in Italy and Spain aiming to exceed 2 GW solar capacity in international portfolio\" \/>\n<meta property=\"og:description\" content=\"Soltec&acirc;&#128;&#153;s Powertis expands their international portfolio through various new developments in prime Italian regions. This announcement\" \/>\n<meta property=\"og:url\" content=\"https:\/\/solarpowerinvestor.com\/powertis-expands-developments-in-italy-and-spain-aiming-to-exceed-2-gw-solar-capacity-in-international-portfolio\/\" \/>\n<meta property=\"og:site_name\" content=\"Solar Power Investor\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/SolarPowerInvestor\" \/>\n<meta property=\"article:published_time\" content=\"2020-05-15T21:42:49+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-05-30T05:13:02+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/cdnn.solarpowerinvestor.com\/wp-content\/uploads\/2020\/04\/03165307\/solar-thermal-energy.jpg?fit=458%2C275&ssl=1\" \/>\n\t<meta property=\"og:image:width\" content=\"458\" \/>\n\t<meta property=\"og:image:height\" content=\"275\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Erin Davis\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@solarpowerinve1\" \/>\n<meta name=\"twitter:site\" content=\"@solarpowerinve1\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Erin Davis\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/solarpowerinvestor.com\/powertis-expands-developments-in-italy-and-spain-aiming-to-exceed-2-gw-solar-capacity-in-international-portfolio\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/solarpowerinvestor.com\/powertis-expands-developments-in-italy-and-spain-aiming-to-exceed-2-gw-solar-capacity-in-international-portfolio\/\"},\"author\":{\"name\":\"Erin Davis\",\"@id\":\"https:\/\/solarpowerinvestor.com\/#\/schema\/person\/763c248bebbbfe6490d8d8696529d806\"},\"headline\":\"Powertis expands developments in Italy and Spain aiming to exceed 2 GW solar capacity in international portfolio\",\"datePublished\":\"2020-05-15T21:42:49+00:00\",\"dateModified\":\"2020-05-30T05:13:02+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/solarpowerinvestor.com\/powertis-expands-developments-in-italy-and-spain-aiming-to-exceed-2-gw-solar-capacity-in-international-portfolio\/\"},\"wordCount\":525,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/solarpowerinvestor.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/solarpowerinvestor.com\/powertis-expands-developments-in-italy-and-spain-aiming-to-exceed-2-gw-solar-capacity-in-international-portfolio\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/solarpowerinvestor.com\/wp-content\/uploads\/2020\/04\/solar-thermal-energy.jpg\",\"keywords\":[\"european energy\",\"latin america\",\"solar energy\",\"solar industry\"],\"articleSection\":[\"Industry Research\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/solarpowerinvestor.com\/powertis-expands-developments-in-italy-and-spain-aiming-to-exceed-2-gw-solar-capacity-in-international-portfolio\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/solarpowerinvestor.com\/powertis-expands-developments-in-italy-and-spain-aiming-to-exceed-2-gw-solar-capacity-in-international-portfolio\/\",\"url\":\"https:\/\/solarpowerinvestor.com\/powertis-expands-developments-in-italy-and-spain-aiming-to-exceed-2-gw-solar-capacity-in-international-portfolio\/\",\"name\":\"Powertis expands developments in Italy and Spain aiming to exceed 2 GW solar capacity in international portfolio - 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Davis","author_link":"https:\/\/solarpowerinvestor.com\/author\/edavis\/"},"uagb_comment_info":0,"uagb_excerpt":"Soltec&acirc;&#128;&#153;s Powertis expands their international portfolio through various new developments in prime Italian regions. This announcement follows their recent joint venture with Total in Spain, which together has bolstered their international portfolio to more than 2GW of solar capacity between Italy and Brazil&acirc;&#128;&#153;s pipeline.&nbsp; Powertis announced their plans to enter the Italian solar market on&hellip;","_links":{"self":[{"href":"https:\/\/solarpowerinvestor.com\/wp-json\/wp\/v2\/posts\/4191","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/solarpowerinvestor.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/solarpowerinvestor.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/solarpowerinvestor.com\/wp-json\/wp\/v2\/users\/1742"}],"replies":[{"embeddable":true,"href":"https:\/\/solarpowerinvestor.com\/wp-json\/wp\/v2\/comments?post=4191"}],"version-history":[{"count":0,"href":"https:\/\/solarpowerinvestor.com\/wp-json\/wp\/v2\/posts\/4191\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/solarpowerinvestor.com\/wp-json\/wp\/v2\/media\/4055"}],"wp:attachment":[{"href":"https:\/\/solarpowerinvestor.com\/wp-json\/wp\/v2\/media?parent=4191"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/solarpowerinvestor.com\/wp-json\/wp\/v2\/categories?post=4191"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/solarpowerinvestor.com\/wp-json\/wp\/v2\/tags?post=4191"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}