Galileo, the pan-European renewable energy development and investment platform, has completed the sale of a fully authorized 98 MW battery energy storage project located in Southern Italy to an international Independent Power Producer (IPP) with a growing presence in Italy.
The strategic location of the project makes it eligible for different offtake solutions, among others to participate in the first auction of the MACSE scheme (“Meccanismo di Approvvigionamento di Capacità di Stoccaggio Elettrico”, or Electricity Storage Capacity Procurement Mechanism) in Italy, scheduled for September 2025. The MACSE scheme, introduced by Terna, the Italian Transmission System Operator, will enable the national
The strategic location of the project makes it eligible for different offtake solutions, among others to participate in the first auction of the MACSE scheme (“Meccanismo di Approvvigionamento di Capacità di Stoccaggio Elettrico”, or Electricity Storage Capacity Procurement Mechanism) in Italy, scheduled for September 2025. The MACSE scheme, introduced by Terna, the Italian Transmission System Operator, will enable the national
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