Calderara di Reno, 18 May 2023 – Aquila Clean Energy, a developer and operator of renewable energy projects, has obtained authorisation to build a photovoltaic plant in Calderara di Reno, in the Bologna district of Italy.

The PV plant will be built on an area of approximately 80,000m² and will consist of around 9,200 modules with a capacity of 6 MWp. When fully operational, it will produce approximately 8,6 GWh each year, avoiding CO2 emissions of 2190 tonnes and supplying electricity to around 3,200 households [1].

Aquila Clean Energy is the renewable energy platform of Aquila Group, which develops, realises and operates renewable energy plants throughout Europe with a capacity of approximately 9.5 GW.

Alberto Arcioli, Project Development Director at Aquila Clean Energy in Italy says: “Authorisation for the construction of this plant is an important milestone for our renewable energy business strategy in Italy, as it represents the first step towards materialising our portfolio in the country and contributing to Italy´s energy transition”.

Aquila Clean Energy entered the Italian market in 2020 and is present in the north central, southern and island regions of the country, with a portfolio of more than 70 agrivoltaic projects under development for a cumulative capacity of around 2.5 GW. These agrivoltaic projects entail the dual and mutually beneficial use of land for both agricultural purposes and solar photovoltaic (PV) power generation.

Aquila Clean Energy aims to contribute to the global energy transition and help achieve the world’s decarbonisation objectives. The company´s approach includes the engagement through dialogue of local institutions to align projects with local needs, including ad hoc measures designed to create a positive footprint in the territories where the company is present.

About Aquila Clean Energy

Aquila Clean Energy EMEA is Aquila Group´s clean energy platform in Europe. Aquila Clean Energy is a renewable asset investor, developer and independent power producer with a focus on three technologies: solar PV, wind and battery storage. Currently, Aquila Clean Energy manages a portfolio with a total capacity of more than 10.3 GW.

With a local approach and through local teams of experts, Aquila Clean Energy initiates, develops, realises and operates what it identifies as essential assets along the entire value chain and over the lifetimes of the assets. Aquila Clean Energy has built a permanent presence in seven countries with over 200 employees, believing that local, on-site management teams are key to the company’s operations.

About Aquila Group

Aquila Group is an investment and asset development company focused on generating and managing essential assets on behalf of its clients. Currently, Aquila Group manages assets worth EUR 14.7 billion on behalf of institutional investors worldwide. The company has been carbon neutral since 2006 and aims to become carbon negative.

Further information: https://www.aquila-clean-energy.com/

[1] Based on an average consumption of an Italian household of 2,700 kWh per year.