The Malvezzi Solar Park is now operational in Poggio Renatico, Italy, within the province of Ferrara (Emilia-Romagna), due to the net crowdfunding initiative Scelta Rinnovabile (Renewable Choice) promoted by Enel Green Power.
The opening ceremony of the brand new plant, which is able to assist the nation’s energy transition with a capability of round 17 MW, was attended by Stefano Bonaccini, president of the Emilia-Romagna Regional Government, Nicola Lanzetta, director of Italy at Enel Group, and Daniele Garuti, mayor of Poggio Renatico.
The solar farm consists of greater than 30,000 modules. It will produce roughly 25 GWh annually, making it attainable to keep away from the annual emissions of 11,000 tons of CO2 into the environment and the consumption of 5.4 million cubic meters of gasoline, changing it with regionally produced renewable energy.
The system is made up of 4 contiguous sections and options bifacial modules that take in energy from either side of the solar panel, that are mounted on solar trackers that comply with the motion of the solar, thereby optimizing energy manufacturing.
Launched in October 2021 and geared toward getting native communities concerned in creating inexperienced energy within the areas the place new renewable energy vegetation are being constructed, the Scelta Rinnovabile program has attracted huge assist, with numerous residents of Poggio Renatico collaborating within the on-line fundraising marketing campaign.
Those who participated had been initially requested to freely select how a lot they needed to take a position, in accordance with their preferences, and benefited from a price of return on financing plus compensation of invested capital. The fundraising marketing campaign to construct the photovoltaic power plant on this municipality within the Emilia-Romagna area was later prolonged to all residents throughout the nation and ended efficiently because the goal was met inside only a few hours.
“The increasing use of renewables is a strategic lever for Italy’s independence and energy security, in addition to benefiting the environment and the local areas,” says Nicola Lanzetta, director of Italy at Enel Group. “We have a tangible example of this here in Poggio Renatico, through the Scelta Rinnovabile initiative, citizens had the opportunity to actively contribute to the construction of the new plant and to play a part in the energy transition.”