NextEnergy Group, a global renewable energy provider, has launched Starlight, a new company focusing on worldwide renewable asset development.
Starting with early-stage solar PV projects in regions where NextEnergy has a presence, Starlight aspires to increase the Group’s renewable energy project development experience and presence.
After that, the company plans to grow into additional locations and industries, such as energy storage, offshore and onshore wind, and hydrogen.
Aldo Beolchini, Starlight’s Group CIO and Head of Development, said: “Our ambition with Starlight is to create an ethical, global project development business that continues to contribute to the NextEnergy Group mission in leading the transition to clean energy.
“We are focusing on developing innovative, sustainable and high-quality projects. It’s a natural evolution as the Group has been successfully developing solar assets since 2008. Now Starlight adds to the Group’s capabilities, creating new synergies and strengthening our position as one of the leaders across the global renewable energy sector”.
According to NextEnergy, Starlight aims to complete the development of 5GW of renewable energy assets throughout the Americas, Europe, and Asia within three years.
Starlight has a team of more than 30 professionals and began with a portfolio of around 2.2GW of solar PV projects in various stages of development and operating assets in Italy and the United Kingdom.
In Greece, a 1.3GW pipeline was recently added, and more projects are being evaluated in the United States, Poland, Spain, Chile, and India.
Starlight’s Managing Director, Gianluca Boccanera, added: “This is a truly exciting milestone for the NextEnergy Group. Starlight has instantly benefitted from the existing team’s deep knowledge in the solar sector and is seeking to grow its team further as well as to work in partnership with local developers. The entrance in the Greek market for the development of a solar PV pipeline of 1.3GW is only a first step to expand our current leadership in the Italian and UK markets, in conjunction with the early development of other types of renewable energy projects”.