SolarDuck, Green Arrow Capital, and New Developments will develop a 120MW offshore floating photovoltaic (OFPV) project integrated with a 420MW floating offshore wind farm.
The Corigliano offshore hybrid wind-solar farm will be located in the gulf of Taranto off the coast of Corigliano-Rossano in Calabria. The site is planned to feature 28 floating turbines.
The development will install SolarDuck’s unique elevated platform technology that allows PV panels to be deployed in significant wave heights while maintaining a safe working environment for access and maintenance and minimising environmental impact.
In addition, the collaboration will also allow the harnessing of complementarity wind and solar energy resources.
The project is currently under permitting with an estimated COD in 2028.
“With the current momentum, we believe this is a unique opportunity for the offshore renewable energy industry to help shape a favourable regulatory framework and facilitate the scaling of OFPV,” said SolarDuck chief executive Koen Burgers.
“This is not just important for Italy, but also for other countries in the Mediterranean. Our collaboration with New Developments and Green Arrow Capital can also serve as a catalyst for OFPV in Italy.”
Green Arrow Capital Group’s founder and chief information officer Daniele Camponeschi added: “As pioneers of renewables in Italy, we continually strive to lead the way, exemplified by our innovative offshore projects.
“These cutting-edge infrastructures not only generate green energy contributing to sustainable energy transition and independence but also demonstrate their complementarity to onshore installations, preserving precious land resources.”