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Friday, March 1, 2024

SolarDuck, Green Arrow Capital And New Developments S.R.L. Sign Collaboration Agreement For A Grid-Scale Offshore Hybrid Wind-Solar Project In Italy

AnonW posted: "The title of this post, is the same as that of this press release from SolarDuck. These three bullet points, act as sub-headings. 540 MW hybrid offshore wind-solar farm offshore Corigliano, Calabria Milestone project to accelerate scaling of Of"
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SolarDuck, Green Arrow Capital And New Developments S.R.L. Sign Collaboration Agreement For A Grid-Scale Offshore Hybrid Wind-Solar Project In Italy

AnonW

March 1

The title of this post, is the same as that of this press release from SolarDuck.

These three bullet points, act as sub-headings.

  • 540 MW hybrid offshore wind-solar farm offshore Corigliano, Calabria
  • Milestone project to accelerate scaling of Offshore Floating Solar Photovoltaic (OFPV)
  • Strategic collaboration proves the potential of the technology in Italy and the wider
    Mediterranean region

These three paragraphs outline the project.

SolarDuck, leader in OFPV technology, Green Arrow Capital, leading Italian Independent Asset
Manager in the alternative investment world, and New Developments s.r.l., one of Italy's
most experienced developers, have agreed to collaborate on the development of a landmark
120MWp OFPV farm integrated with 420MW Floating Offshore Wind (FOW).

The project will install SolarDuck's unique elevated platform technology that allows PV panels
to be deployed in significant wave heights whilst maintaining a safe working environment for
access and maintenance and minimizing environmental impact. In addition, the collaboration
will also allow the harnessing of the complementarity of wind and solar energy resources.

"With the current momentum, we believe this is a unique opportunity for the offshore
renewable energy industry to help shape a favorable regulatory framework and facilitate the
scaling of OFPV. 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", says SolarDuck CEO, Koen Burgers.

This Google Map shows the location of Corigliano at the foot of Italy.

Note.

  1. Corigliano is indicated by the red arrow.
  2. There is an explanatory video of their technology on SolarDuck's web site.

Opposite Corigliano on the other side of the can be seen the Italian Naval Base of Taranto, which was the scene of the Battle of Taranto, which was one of the most significant naval battles of Second World War, if not the most significant.

  • This web page has the Fleet Air Arm's account of the battle.
  • I have a book, that shows the Japanese visiting Taranto after the battle.
  • Did the Japanese use what they learned to plan their successful raid on Pearl Harbor?
  • Without Pearl Harbor, would the Americans have stayed out of the Second World War?

I visited Taranto in the 1980s and stood on the Dockside. Perhaps, it is time to go again?

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