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Developer IVPC marches ahead with another 70 MW
1 May 1999
The march of Italian Vento Power Corporation (IVPC) on the windswept Appenines north east of Naples continues. The company has so far developed 136 MW of wind plant in the region, now up and running. Another 70 MW of Vestas wind turbines will go in the ground this year, followed by 150 MW in 2000. By the end of 2001, IVPC's total wind installed capacity will be 440 MW, report's the company's Brian Caffyn. After then he is not sure what the future will bring in the way of power purchase contracts. "I expect to get another 1000 MW or so in the next ten years once deregulation goes through," is Caffyn's estimation. But much will depend on the details of Italy's new law for liberalising its electricity market. IVPC, owned 50% by Tomen Power Corporation of Japan, was founded by Caffyn and his partner, Italian lawyer Oreste Vigorito, specifically to develop wind plant in Italy. The company has so far bought turbines exclusively from Vestas of Denmark.
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