Abundant sunshine, consistent winds, and deep local expertise. The perfect conditions for success.

Target Market Italy

SQ•ENERGY focuses on renewable energy development projects in Italy, driven by the country's outstanding market characteristics.

Regulatory Framework

STREAMLINED PERMITTING AND REGULATED POWER SALES

The Italian government heavily supports the energy transition, having established simplified authorization procedures and a favourable regulatory environment for developers, operators, and investors.

  • Grid Priority: Network operators are required to grant priority access to renewable energy plants.

  • GSE („Gestore Servizi Energetici“ = Energy Services Manager): Manages the off-take and sale of generated electricity for producers.

  • Simplified Procedures: Fast-track permitting for PV plants up to 20 MW (in industrial areas or farmer-owned sites).

More sunshine hours

25 % HIGHER YIELDS IN NORTHERN ITALY ALONE COMPARED TO THE GERMAN AVERAGE

Italy’s southern latitude is a major competitive advantage for PV development. Our pilot project in Ravenna, Northern Italy, will generate approximately 25% more electricity than an average PV plant in Germany.

Comparison of specific yield (kWh/kWp):

Ravenna vs. Germany

Ravenna: 1,652 kWh/kWp

Germany (national average): 965 kWH/kWp

Performance: +58 % specific yield

+58 % higher yield

Gas still dominates the energy mix

ITALY’S ELECTRICITY MIX OFFERS AMPLE ROOM FOR RENEWABLES

From January to September 2024, Italy generated approximately 42 % of its total electricity from gas. Alongside hydropower – which is already largely tapped – wind and solar offer significant room for growth.

Electricity Generation in Italy

Enormous growth potential

ITALY TARGETS 79.9 GW OF PV CAPACITY BY 2030

According to the National Integrated Climate and Energy Plan (NECP/PNIEC), Italy aims for an installed PV capacity of 79.9 GW by 2030. To reach this goal, an average of 7 GW of new capacity must be installed every year starting in 2024.

Installed PV Capacity

Italy 2019–2023; NECP Target for 2030; in GW

+50 GW additional capacity