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BayWa r.e. Sells Italian Commercial and Industrial Solar Photovoltaic (PV) Power Projects to NetOn Power

/MUNICH, GERMANY, March 3, 2026, 11:00 CET, BayWa r.e./ BayWa r.e. and its Italian subsidiary, BayWa r.e. Power Solutions, have successfully finalised the sale of a portfolio consisting of four commercial and industrial (C&I) photovoltaic projects to NetOn Power, a company specialising in distributed energy solutions for the industrial sector.

The portfolio, which features assets installed on rooftop and carport structures across Italy, boasts a total capacity of 14.2 MWp. It includes two operational plants and two Ready-to-Build (RTB) projects, enhancing the region’s renewable energy landscape. This transaction represents a strategic advancement for BayWa r.e. as it seeks to enhance and optimise its renewable energy assets in Europe. The sale underscores the company’s dedication to facilitating the energy transition through high-quality projects. In recent years, the C&I solar sector in Italy has seen significant growth, fueled by demand from businesses seeking to lower energy costs and emissions, as well as growing interest in distributed generation solutions.

BayWa r.e. Secured a Comprehensive Financing Package for About EUR 3 Billion 1

Francesca Manso, Managing Director of BayWa r.e. Power Solutions in Italy, commented: “We are delighted about this transaction, which represents an important step for our Power Solutions business in Italy. We are confident that, under NetOn Power’s ownership, these projects will support their expansion and continue contributing to the broader energy transition.”

With this strategic acquisition, NetOn Power is significantly enhancing its foothold in the on-site energy solutions market, specifically tailored for industrial clients. This move not only expands the company’s portfolio but also underscores its dedication to fostering the decarbonisation efforts within Italy’s industrial sector. By integrating innovative energy solutions and technologies, NetOn Power aims to facilitate a smoother transition for industries seeking to reduce their carbon footprint and embrace sustainable practices, ultimately contributing to a greener future for the nation.

Alberto Martin Rivals, CEO of NetOn Power, and Rosario Bisbiglia, Country manager for Italy, added: “This transaction is an excellent addition to our expanding onsite PPA portfolio. It further strengthens our position as a long‑term energy solutions partner for industrial clients and aligns perfectly with our goal of reaching 600 MW of self-consumption C&I photovoltaic plants across Italy and Spain within the next five years.”

Image credit: BayWa r.e.

For more information and answers to your questions about the German, Italian and European solar and wind energy market and related content, you may read here: Europe Onshore and Offshore Wind Power Market Outlook 2025 ÷ 2034, and Europe Solar Photovoltaic (PV) Power Market Outlook 2025 ÷ 2034.

For a better understanding of the benefits of using our reports, you may read here: Benefit List – Reports of Renewable Market Watch – 2026

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