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Financial close for Italian frontrunner

By: Tom Russell 27/02/2019 MacDonald

General Windfarms

Following numerous administrative appeals, an Italian offshore wind farm has achieved financial close. The 30MW project is to be developed and constructed in the Mediterranean Sea and is poised to be the country's first offshore wind project. This was first reported in 4C's offshore wind farm newsletter, released on 13th February.

Manufacturing on the wind farm has commenced, while offshore installation is expected to in late 2019. Commercial operation is currently scheduled for July 2020.

Renexia S.p.A., the renewable energy subholding of Toto Group and parent company of US Wind Inc., acquired the 30MW Taranto offshore wind project from Luxembourg based Belex Holding in mid-2018.

The project will consist of 10 Senvion 3.0MW-122 wind turbine generators (WTG). The WTG units will be supported by monopile foundations, and power will be evacuated at 33kV from the WTG units and be transformed to 150kV at a newly built onshore substation before injection into the grid.

The project is on track to qualify for a €161.70/MWh feed-in tariff and €40/MWh grid connection premium. Reportedly, the wind farm will produce 58,200MWh per year, enough to power 21,000 homes.

Mott MacDonald is acting as owner’s engineer on the project, supporting the sponsor Renexia Spa. As owner’s engineer, Mott MacDonald has assessed the capability of the supply chain and reviewed the design of the offshore WTG foundation and subsea MV cable system against best practice.

The consultancy’s role also includes an assessment of the project construction contingency amount, drafting of key project management plans and supporting the development of a construction schedule. The consultancy will continue to support the owner and the sponsor in an ongoing role during construction.

Filiberto Tartari, Mott MacDonald’s project manager, said: "We're proud to be a part of the first commercial scale offshore wind farm in the Mediterranean Sea. This wind farm represents a great milestone for the market in southern Europe and we hope it will be the first of many."

Riccardo Toto, Managing Director of Renexia, added: “This project is another successful step forward. Indeed, it is part of a wider strategy that Renexia is pursuing in the US wind power industry through an important pipeline and also worldwide with many other projects. We are eager to boost the production of clean and sustainable energy in new markets and the cooperation with Mott MacDonald is complementary to our skills and capabilities.”

Mott MacDonald is also supporting Renexia Spa on an offshore wind farm development in Maryland, USA. The consultancy is assessing a novel WTG foundation concept design and developing the electrical design for the grid interconnection.

For more information on offshore wind farms, click here.

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Financial close for Italian frontrunner

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