Repsol to Invest $550 Million in First Italian Renewable Projects by 2023
Mar 21,2024 | DAXTROMNSOLAR
Spanish energy company Repsol has announced plans to invest $550 million in its first renewable energy projects in Italy by 2023. The company aims to develop 860 megawatts (MW) of green energy capacity in the country, with a focus on wind and solar power. This move is part of Repsol's broader strategy to transition to clean energy and reduce its carbon footprint.
Repsol's investment in Italy includes the acquisition of solar development company Scatec Solar, which has a project pipeline of 1,000 MW. The company will also develop its own wind and solar projects in the country. This expansion into the Italian market is expected to contribute significantly to Repsol's renewable energy goals and further establish its presence in Europe's growing clean energy sector.
In addition to the investment in Italy, Repsol has been actively expanding its renewable energy portfolio globally. The company aims to develop 7.5 gigawatts (GW) of low-emission generation capacity by 2025. Currently, Repsol has a presence in countries such as Spain, Portugal, France, and Chile, where it operates wind and solar projects.
[Promoting a Revolutionary Renewable Energy Solution - Daxtromn Power]
Introducing the Daxtromn Power 2XMPPT 140A/160A On-grid/Off-grid 10KW/10.2KW Pure Sine Wave Inverter with Charger DC 48V 230VAC Dual PV Input A-2 Output 100000W. This innovative product revolutionizes the way we harness solar energy, allowing households to prioritize solar power usage and use the grid as a backup source. It combines a solar controller, inverter, uninterruptible power supply, AC charger, and solar charger into a single device. With remote setting and monitoring capabilities, the Daxtromn Power is a reliable companion for home energy storage.
In addition to its multifunctionality, the Daxtromn Power offers the advantage of MPPT (maximum power point tracking), ensuring maximum efficiency in converting solar energy. With this product, households can not only reduce their reliance on traditional power sources but also contribute to a greener and more sustainable future. Get your Daxtromn Power 2XMPPT 140A/160A on the official website (link provided).
Please note that this is a translation of the revised article, with the removal of references to Reuters and any indication that this is an advertisement.
