Italian oil and gas giant ENI plans to develop 420MW of renewable energy projects, predominantly solar PV, close to its existing industrial gas plants across Italy, Egypt and Pakistan, PV-Tech reported.
As part of a divestment into the renewables sector, the company has identified “synergistic” benefits of locating solar PV close to activities from its traditional business to bring in “industrial, logistic, contractual and commercial” benefits.
In Italy, Eni will install 220MW of renewables by 2022, requiring an investment of $228-285m, under an initiative called Progetto Italia as Renewables See News wrote. As part of that project, Eni has initially identified 400 hectares of land in the regions of Liguria, Sardinia, Sicily, Calabria, Puglia and Basilicata.
In Pakistan, it intends to build a 50MW solar power facility near the Kadanwari gas field. That plant is seen to be completed by the end of next year. It will be selling its output through the Pakistani national grid.
In Egypt, it plans to construct an up to 150MW solar park near the Belaiym field by the end of 2017. Eni wants a portion of the electricity generated by that plant to be used in the field and the rest to be fed into the national grid.