A drone view shows bifacial 540 W solar panels at a solar panels park by energy supplier Enel Green Power, in Trino, Italy, March 5, 2024. REUTERS/Claudia Greco/File Photo Purchase Licensing Rights
Italy's biggest utility Enel (ENEI.MI), opens new tab has won contracts to supply 11.5 gigawatt (GW) of power capacity to be delivered in 2025 under the country's capacity market auction, the company said on Wednesday.
The capacity market auctions - which were called by grid operator Terna (TRN.MI), opens new tab - are one of the tools envisaged by Italy's long-term energy plan to meet the country's transition goals and make it possible to shutdown coal-fired plants as soon as 2025.