TURIN – Italy’s race towards renewable energy continues unabated, with new installed power growing by 168% in the first half of 2022 compared to the same period in 2021 (source: Osservatorio Fer). Photovoltaics take the lead, marking a +193% increase equivalent to 1,061 MW of power, while wind energy remains at 123 MW.

In this context, a recent study by Aceper (Association of Renewable Energy Consumers and Producers) places Piedmont in first position among the regions that produce the most electricity from photovoltaics, followed by Lombardy and Veneto.

“Piedmont has made enormous strides in renewables in recent years and today our region is truly one of the most interesting markets in Italy, also due to the technological quality of the projects being carried out,” emphasizes Federico Sandrone, CEO of Coesa, a Turin-based company that operates as a general contractor for energy efficiency for businesses, public administration, and families.

“The challenge for us is not only to make homes more efficient but especially businesses, which are currently suffering from energy costs. For a company, renewables are a strategic investment because they help mitigate market fluctuations and recover margins,” adds Sandrone, who is also Vice President of the Turin Young Entrepreneurs Group.

Driven by renewables, Coesa expects a 65% annual revenue growth over the next two years. The company is also among the 15 entities selected to participate in the AEWEN (Africa Europe Water Energy Network) program, which connects European companies with institutions and businesses in North Africa to develop renewable energy production.

On the technological front, Coesa recently won an EU grant and, in collaboration with Spain’s R2M Solution and the Norwegian University of Science and Technology, is developing a new generation of photovoltaic panels that combine the best of traditional silicon technology with thermoelectric materials capable of producing electrical energy from temperature variations.