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GreenGo announces the approval of first Italian agri-voltaic projects

GreenGo has announced the award of 10.8 million euros for innovative agri-voltaic projects, relating to three AgroPV GreenGo projects between Sicily and Calabria, awarded under the National Recovery and Resilience Plan (PNNR), a strategic plan aiming to make the Italian economy more sustainable , innovative and competitive.
GreenGo announces the approval of first Italian agri-voltaic projects
Agri-voltaics system. Courtesy of GreenGo.

This first Italian agri-voltaic tender is being promoted by the Italian Ministry for the Environment and Energy Security (MASE), an initiative that has seen 540 projects awarded for a total power of 1,548 MW.

The approved projects will receive an average incentive tariff of 79.53 euros per MWh for the next 20 years following commissioning, in addition to a contribution of 10.8 million euros towards investment costs. The projects are located in Sicily and Calabria, which are already covered by project financing from Intesa San Paolo, signed in August, enabling construction work to begin immediately.

“This award highlights our ability to effectively manage the sector's regulatory and technical complexities and quickly seize business opportunities in the Italian energy transition thanks to an extraordinary team now integrated across the entire value chain” said Fabio Amico, Business Development Director of GreenGo. “Given the conditions of the PNRR call for tenders for agri-voltaics, with this result, GreenGo once again demonstrates its standards of very high quality and reliability in all the contexts in which it operates, in the different regions and with diversified, in this case, highly innovative technologies. As a new industrial reality on the renewable energy scene, we are thus laying a solid foundation for a long course as an IPP: having already endowed the projects with financial resources for construction makes us extremely confident that we will be able to complete construction and commission the plants by the end of 2025, well ahead of the June 2026 deadline of the NRP.”

The three projects are:

Hyperion Srl. Soparita plant, province of Catania: 7.95 MWp.

Solar Community Srl. Arango plant, province of Catanzaro: 6.71 MWp.

Uberna Srl. Margherita plant, province of Crotone: 8.28 MWp.

The plants are expected to produce 43.6 GWh per year, equivalent to the consumption of about 17,000 Italian households and the saving of 14,000 tonnes of CO2 equivalent per year.

The call favors agri-voltaics projects - that combine agricultural activities with vertical mounting structures or high-efficiency PV modules - guaranteeing significant refunds and incentive tariffs for the energy generated by the plants.

GreenGo specializes in agri-voltaic innovation, with 48 percent of its pipeline (1.8 GWp in total) dedicated to agri-voltaics. The company's focus on this sub-sector includes collaboration with the University of Catania through the funding of a project by the Italian Government's Di3A department to identify scientific models and best practices. This partnership is engaged in exploring new cultivation techniques under solar panels, thereby optimizing agricultural production in harmony with energy production.

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