The latest renewable energy news includes announcements on DNV, Kolon’s wind project in Korea, Italy’s 40 GW solar capacity, Neoen, among others.
DNV to Advise Kolon on 400-MW Offshore Wind Project in Korea
Kolon Global has appointed DNV as technical advisor for its planned 400-MW offshore wind project in South Korea. The partnership reflects a strategy to leverage DNV’s global expertise in risk assessment, certification, and project optimization to ensure high safety, reliability, and performance standards. Investment in the project aligns with South Korea’s renewable energy expansion goals, particularly offshore wind leadership. Technology focus includes advanced marine engineering and grid integration solutions. With customer focus on secure, clean, and cost-efficient energy, the project emphasizes innovation in offshore design and risk mitigation. Benefits include accelerating Korea’s energy transition, enhancing energy security, reducing emissions, and creating new opportunities in the local supply chain while reinforcing investor confidence in large-scale offshore wind development.
Italy Crosses 40 GW Solar Capacity Milestone
Italy has surpassed 40 GW of installed solar capacity, adding more than 6 GW in 2024 alone. The growth is driven by utility-scale projects, rooftop PV, and agrivoltaic systems, highlighting a diversified strategy to balance land use and energy demand. Investments are flowing into distributed generation and large solar parks, backed by EU Green Deal targets and national incentives. Technology focus includes high-efficiency PV modules, digital monitoring, and hybrid solar-storage integration. Customers benefit through reduced energy costs, lower carbon footprint, and improved energy security. Innovation in agrivoltaics supports sustainable farming while boosting clean power generation. This milestone strengthens Italy’s position as a European solar leader, advancing its 2030 decarbonisation goals and reinforcing resilience in the energy transition.
Neoen Launches First Battery Project in Italy
French renewable energy firm Neoen has begun its first battery energy storage project in Italy with a 20 MW/40 MWh system near Milan. The project marks a strategic entry into Italy’s growing storage market, supporting grid flexibility and renewable integration. Neoen is investing in advanced lithium-ion technology and digital control systems to optimise performance and reliability. The initiative aligns with Italy’s push for energy security and decarbonisation, ensuring customers benefit from improved grid stability and reduced volatility in electricity pricing. Innovation lies in Neoen’s integration of storage with renewable generation, enhancing resilience and flexibility. The project delivers long-term benefits by strengthening Italy’s renewable infrastructure, accelerating clean energy adoption, and positioning Neoen as a key player in Southern Europe’s storage sector.
Faheema P