TERNA to invest in photvoltaics

Italian high-voltage grid operator TERNA S.p.A. plans to develop and construct small sized photovoltaic plants, in the areas of the substations owned by Terna, that are currently free and available. For this purpose the company has founded a subsidiary named Sungrid S.p.A. (“Sungrid”), to undertake building and management activity. According to "pienosole.it" the sum of all these small sized solar PV installations could equal a cumulative capacity of 100 MW. The company has announced in a press release, that a European tender will shortly be published for the selection of suppliers. The company structure, that could eventually be sold to third parties, meets both the operating and economic unbundling requirements from the parent company, and is compliant with TERNA S.p.A’s concession and By-laws, as well as with the terms envisaged by Legislative Decree 79/99 (known as the “Bersani Decree”). Also, in order to improve the management of dispatching activity from non programmable renewable sources, and in agreement with the Authority, Terna has initiated a study to identify the opportunity for developing pumping basins and for technologies for energy accumulation in central and southern Italy.