Innovatec Group and its subsidiary Elios Power, have signed an agreement with Senc Italia, part of the German EnBw group, to develop and build photovoltaic plants with a total capacity of 100 MW. According to the agreement, which is subject to a positive due diligence, SENEC will have a stake in the project portfolio and will support the development process. Elios will handle obtaining construction permits, while SENEC will oversee the entire construction process. The projects are expected to be completed by 2024.
Antonio De Tata, Vice President of Innovatec Power, expressed excitement about the ambitious goal set in partnership with SENEC, a leading European energy company. Innovatec has already started developing over 450 MW of photovoltaic plants and aims to continue at the same pace for the next three years.
The collaboration between these two leading Italian solar energy companies confirms their excellence in the industry and their joint commitment to contributing to decarbonization in Italy. Vito Zongoli, CEO of SENEC Italy, stated that signing this agreement with Innovatec is a source of great satisfaction. SENEC is an international reference point in the sector, and partnering with a significant group like Innovatec will only strengthen this role. Zongoli firmly believes that the key to a sustainable energy future lies in photovoltaics and energy independence, and together with Innovatec, they will make a significant contribution to achieving Europe’s sustainability goals by 2030. The projects will also contribute to the development of renewable energy communities, promoting energy transition and empowering local communities for a more sustainable future.
Innovatec Group is one of the few companies in the energy and environmental sector that offers integrated solutions for the B2B and B2C sectors, energy efficiency, and environmental services. SENEC Italia is one of the leading international manufacturers of energy storage systems, having sold over 100,000 units by 2022. It provides comprehensive solutions for energy independence. Since 2018, SENEC has been part of the prestigious EnBW group, one of Germany’s leading energy suppliers.
De Tata and Zongoli confirmed that this strategic agreement could lead to further collaborations and expansion of the MW capacity, as well as synergies between the two companies, including energy storage systems.
SENEC, established in Leipzig, Germany, in 2009, develops and produces intelligent energy storage systems. The company is a leader in the storage sector, having sold over 100,000 systems. SENEC offers solutions to increase energy self-sufficiency and achieve maximum autonomy and flexibility in energy management. In 2018, SENEC was acquired by EnBW, which has over 100 years of history, 5.5 million customers, and a 2022 turnover of €56 billion. SENEC’s mission is to offer freedom in producing, using, and sharing sustainable energy through storage solutions.
Innovatec focuses on energy efficiency and environmental sustainability. In a competitive landscape where social responsibility and environmental sustainability are becoming increasingly important, Innovatec aims to become a leading sustainability operator by responsibly and efficiently utilizing resources and integrating energy and material cycles, waste recovery, and recycling. With its end-to-end innovative solutions, Innovatec supports other companies in improving their circularity and reducing their carbon footprint, emphasizing compatibility between development and territorial preservation. The favorable regulatory framework in the sustainable development sector will continue to create new opportunities, which Innovatec is ready to seize with its ability to organize resources and respond promptly.