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TEF Fund – Investment in a 1.5 MWp photovoltaic repowering project – Solsalento Dodici

Italia | Puglia | Francavilla Fontana

Fondo TEF

Group Company

SOLSALENTO DODICI SRL

Benificiary

15 dicembre 2023

Start Date

-

End Date

In Corso

Project Status
Value
1.55 Mln/€
Instrument
Investments
Sector
Energy transition
Segment
Investors and Financial institutions
Fonti energia rinnovabile (FER)
Investment for the repowering of the Solsalento Dodici photovoltaic plant in the province of Brindisi, increasing installed capacity from 0.99 MWp to 1.5 MWp. The plant is ground-mounted and uses photovoltaic modules installed on fixed structures. The transaction, under the TEF Fund, was executed through the subscription of a €1.55 million bond to support measures aimed at improving production efficiency, extending the plant’s operational life, and enhancing existing infrastructure. The project contributes to the sustainability of the energy sector, with estimated annual reductions of 536 tons of CO₂ and 309 TOE of non-renewable primary energy saved.

Requirements

The investment initiative is currently in the ordinary management phase. The environmental results achieved in 2024 include an annual reduction of 570.26 tons of CO₂ and savings of 3,744.86 MWh of non-renewable primary energy.

Features

Investment for the repowering of the Solsalento Dodici photovoltaic plant in the province of Brindisi, increasing installed capacity from 0.99 MWp to 1.5 MWp. The plant is ground-mounted and uses photovoltaic modules installed on fixed structures. The transaction, under the TEF Fund, was executed through the subscription of a €1.55 million bond. The intervention aims to enhance the efficiency and performance of the existing plant, extend its operational life, and increase renewable energy production. The project contributes to the sustainability of the energy sector, with estimated annual reductions of 536 tons of CO₂ and 309 TOE of non-renewable primary energy saved.

Results

The investment initiative is currently in the ordinary management phase. The environmental results achieved in 2024 include an annual reduction of 570.26 tons of CO₂ and savings of 3,744.86 MWh of non-renewable primary energy.

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