Ravano Green Power opens three subsidiary companies in India (Bangalore), Romania (Cluj), the USA (New Jersey). The company reaches an installed solar PV capacity of 53MW for customers and owns 35MW of renewable power plants
Ravano Green Power installs 40MW of solar PV systems for third parties, manages the operation & maintenance service for a capacity of 19MW solar PV plants. The Group owns 16MW of renewable power plants.
Ravano Green Power close the year with: 20MW of solar PV plants built for third parties, 10MW of group owned power plants, a joint venture with CVA S.p.A., St. Denis Wind (50% – 50%) for installing 3MWof wind plant.
Ravano Green Power becomes an EPC Contractor for Turnkey photovoltaic plants both on ground and on rooftops.
Ravano Green Power aims to develop and manage its own sun, biogas, wind, water electric plants.
The new Ravano Power Group was set up with the aim of investing in renewable sources, with its subsidiary company Ravano Green Power.
Re-powering of 2 hydroelectric plants in Northern Italy
The Bardonecchia cogeneration plant is constructed (20MWe – 45MWt) with an investment of 26 millions €. Sale of 85GWh to E.ON. First Italian Independent Power Producer to sells energy to E.ON in Italy.
First investment in renewable energy: 7 hydroelectric plants constructed (7MW), completed in 1999.
Carbotrade is listed at the Genoa Stock Exchange.
Unicredit (primary Italian Bank) invests in Carbotrade S.p.A. through a new equity issue.
Ravano Group was founded as Carbotrade S.p.A. – coal trading, LPG and natural gas distribution