With an installed capacity of 3.5 MW, the plant represents a new milestone in the growth of the company, which is currently committed to transforming its pipeline of over 1.7 GW into concrete projects serving the national energy transition.
To date, GreenGo has authorised a capacity of 694 MW of renewable energy plants and greenfield BESS with the aim of exceeding the threshold of 800 MW RTB by April 2026.
Four solar projects are currently under construction, totalling 18.8 MW, which will increase to eight, totalling 50.9 MW, in the first quarter of 2026.
Of these, the ‘Livia’ plant is a symbolic project for GreenGo, located on a disused quarry site, providing a good example of regeneration using solar PV technology and the company’s ability to carry out complex operations in synergy with local institutions and stakeholders. The construction of the plant is supported by the incentive tariff awarded under Ministerial Decree FER 1 by the Gestore dei Servizi Energetici SpA (GSE), the Italian state-owned energy service system operator. Construction of the plant will begin in January 2026, with testing and commissioning scheduled for June 2026.
When fully operational, the plant will produce 5,865 MWh per year, equivalent to the consumption of approximately 2,170 Italian households, enabling emissions savings of approximately 1,584 tonnes of CO₂.
UniCredit, thanks to the synergy between the Bologna Corporate Area and Corporate Lending structures of the Central-Northern Region, supported the project with a mortgage loan of 2.15 million euros.
“This loan accompanies a project designed to support the country's energy transition and is a virtuous example of territorial regeneration” said Andrea Burchi, UniCredit Regional Manager for Central-Northern Italy. “This is an operation that makes us doubly proud, because in addition to facilitating a valid business growth strategy, it allows us to make a concrete contribution to strengthening a key sector such as energy production from renewable sources. This confirms UniCredit's commitment to promoting increasingly sustainable business, with technological innovation and environmental protection as its main drivers.”
For additional information:
