ENERGY STORAGE

Telis Energy launches Italian subsidiary targeting 3GW battery storage and hybrid pipeline

February 27, 2024

UK-headquartered renewable energy development platform Telis Energy has launched an Italian subsidiary Telis Energy Italy, which will target a 3GW pipeline of battery energy storage and hybrid projects by 2030.      

Established in November 2022 and backed by global investment firm Carlyle, Telis is targeting a 10GW renewable energy pipeline by 2030 delivered through subsidiaries across Europe’s key markets.

“Telis seeks to play a significant role in the European energy transition and to capture emerging opportunities in solar, and other renewable energy segments, across European markets,” a statement said. “Telis now has an established and growing presence in France, Germany, Italy and the UK.”

Telis Energy Italy will be led by Marco Petrone who has “deep local networks from his 15 years of experience in the Italian and international renewable energy and sustainable infrastructure sectors,” the statement added.

Adrien Pinsard, CEO of Telis Energy Group, said: “Italy has considerable potential and a significant need for energy storage and will play an integral role in Europe’s energy transition. Marco comes with a fantastic pedigree and an entrepreneurial mindset – the team has already identified some compelling opportunities and is well-placed to execute.”

Marco Petrone, CEO of Telis Energy Italy, added: ” We are ambitious but confident. Thanks to the experience and network of our team, we already have originated a pipeline of more than 1,000 MWh BESS standalone projects and more than 100 MWp of hybrid projects in specific regions in Italy, after a detailed assessment of the grid and point of connections and an accurate screening of the project’s lands, selected to minimise the projects’ risk.”