Enel and Masdar in Talks for Italian Energy Storage Collaboration
Infrastructure Project | May 16, 2025 | Zawya
Enel, Italy's biggest utility, is engaged in preliminary discussions with Abu Dhabi's Masdar about the possibility of jointly developing energy storage capacity in Italy. Already partners in renewable energy projects in Spain, the companies are seeking to expand their alliance into other geographies, with energy storage systems being a focal point in Italy. As Italy enhances its renewable energy production, there is a growing need for battery storage systems that can ensure a stable power supply when solar and wind resources are unavailable. The Italian power grid operator, Terna, is set to hold an auction for energy storage capacity at the end of September.
Sectors
- Renewable Energy
- Energy Storage
Geography
- Italy – The primary discussion of joint energy storage development is focused on Italy.
- United Arab Emirates – Masdar, headquartered in Abu Dhabi, is a key player in the discussed collaboration.
- Spain – Enel and Masdar already have a renewable energy partnership in Spain that serves as the foundation for expanding into Italy.
Industry
- Renewable Energy – The article discusses the expansion of Enel and Masdar's partnership in renewable energy, focusing on energy storage solutions.
- Energy Storage – The focus is on developing energy storage systems in Italy, crucial for stabilizing power supply from renewable sources.
Financials
- Not disclosed – No financial details or deal values are provided in the article.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Enel | Target Company | Company | Italy's biggest utility company, engaged in energy storage discussions with Masdar. |
| Masdar | Bidding Company | Company | A major renewable energy company based in Abu Dhabi, exploring joint projects in Italy. |
| Flavio Cattaneo | CEO of Enel | People | Announced the preliminary talks with Masdar. |
| Terna | Other Company - Power Grid Operator | Company | Italian power grid operator planning an auction for energy storage capacity. |