Edison partners with Blunova for floating offshore wind project in Italy
Edison, an Italian electricity and natural gas producer and distributor, announced an agreement with Blunova SpA (Carlos Maresca Group) to jointly develop a floating offshore wind power project in Italy.
Edison has acquired a 50% stake in Wind Energy Pozzallo SRL, the project’s owner, to develop a floating offshore wind plant with an installed capacity of 975 MW off the coast of Pozzallo in Sicily.
Since Wind Energy Pozzallo does not have direct employees, it will depend on Edison and Blunova’s professional expertise for the authorization phase and project engineering tasks, among other responsibilities.
The project, which is planned 25 km (about 15.53 mi) from the shore, is currently in the authorization phase with the Italian Ministry of the Environment.
The plant will play a crucial role in achieving national goals for increasing newly installed renewable capacity and decarbonizing electricity production.
Marco Stangalino, Vice President and Power Asset Director at Edison, said, “We are pleased to announce this partnership with Blunova to develop an ambitious and particularly innovative project, such as a floating offshore wind plant. The agreement will allow Edison to accelerate its growth plan in renewable energy, aiming to reach a green capacity for the Group of 5 GW from the current 2 GW by 2030.”
It is estimated to prevent over 780,000 tons of CO2 emissions annually.
Read more: European Commission approves Italian State aid scheme to support renewable energy production
Additionally, the plant’s construction, expected to take three years, will boost the local economy, with ongoing positive effects during its operation and maintenance for at least thirty years.
Stangalino added, “In line with the Italian Integrated National Energy and Climate Plan, we also contribute to developing innovation in the service of the energy transition and decarbonization targets.”
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