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GE Vernova will have a priority right to supply equipment and services for these projects
GE Vernova’s financial services business and Lizard Renewables have formed a joint venture (JV) named Alva Power to co-develop renewable energy projects in Italy
The collaboration aims to advance Italy’s electrification and decarbonisation objectives by supporting the development of wind
battery energy storage systems (BESS) and photovoltaic solar projects
Alva Power will initially focus on progressing the development of more than 1GW of project capacity to a ready-to-build stage
The projects that Lizard has already selected and prepared will include onshore wind farms
The JV will also seek renewable energy opportunities beyond Italy in the medium to long term
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Alva Power will leverage GE Vernova’s global financial and technological expertise
as well as Lizard’s extensive network of strategic regional collaborations
GE Vernova financial services European renewables leader Guilherme Carvalho stated: “We will collaborate with Lizard to harness our collective energy portfolio across our wind and electrification segments to support the development of renewable energy projects to a shovel-ready stage in Italy
“We have vast experience in providing technology solutions supported by co-development and financing solutions throughout a renewable energy project lifecycle
“We look forward to supporting Italy in its electrification and decarbonisation goals through our energy finance and technology expertise.”
GE Vernova has also been selected by Quinbrook Infrastructure Partners as the BESS integration provider for the second stage of its Supernode BESS project in Queensland
This stage involves 250MW/1 gigawatt hour of storage
which includes a BESS and data centre complex
will be one of the largest battery storage installations in the Australian national electricity market
The construction of this battery storage system marks the second phase of a three-stage project
GE Vernova was also awarded the contract for BESS integration for the first stage of the project
which is currently in progress and is expected to be operational in early 2024
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Carlo Levi was exiled by Mussolini to Aliano in Basilicata for opposing the Fascist government
were enigmatically titled Christ stopped at Eboli in reference to the local saying that Basilicata (then Lucania) had been ‘bypassed by Christianity
abandoned by civilisation itself,’ as Levi put it in his book
The town of Eboli over the border in Campania was therefore as close as Christ would venture
arid region of wild beauty with lunar landscapes of canyon-like calanchi rock formations
ghost villages and sun-splashed golden beaches
The ‘arch’ of Italy’s boot
it has a short coastline on the Tyrrhenian Sea in the southwest and a longer coastline on the Ionian Sea in the southeast
The majority of the province’s vines are focused around Vulture at the northern end of the region, although closer to the sea good wines can also be produced in the lower altitude vineyards which experience a maritime climate. Production in Basilicata is tiny, however, compared to its neighbours, Puglia, Campania and Calabria
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