UniCredit has entered into a partnership with CVA for the supply of renewable energy in Italy. The bank has agreed to a corporate Power Purchase Agreement (PPA) with green power producer CVA. Three new solar plants will be built as a result of the collaboration in Piedmont, Lombardy, and Sicily.
The new solar plants, with a total capacity of 25 MW, will be operational in 2023, producing 35 GWh per year to supply the energy demand of UniCredit data centers in Verona, accounting for approximately 20% of the bank's total electricity consumption in Italy. CVA will charge UniCredit a set price for green energy.
Country updates
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July 12, 2022
ERG completes acquisition of 33.8 MW Italian solar portfolio from ABN AMRO fund
ERG SpA has completed the acquisition of a 33.8 MW solar photovoltaic (PV) portfolio located in the regions of Puglia, Molise, Lazio and Sardinia in Italy. The deal was closed after ERG So...
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July 05, 2022
Blue Elephant Energy completes acquisition of 4 MW solar portfolio in Piedmont
Blue Elephant Energy (BEE) has completed the acquisition of the 4 MW solar photovoltaic portfolio located in Piedmont in northern Italy. The project, consisting of six solar farms, has bee...
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July 04, 2022
Vestas to equip 39 MW wind project in Calabria
PLT engineering S.r.l has signed a 39 MW turbine order for the Borgia onshore wind park to be located in the region of Calabria, Italy. The order involves the delivery and installation of seven V136-...
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July 04, 2022
Vestas wins 27 MW Italian wind contract
Vestas has won a contract which involves the 27 MW turbine supply for the Aquilonia and Forenza wind parks, to be located in the regions of Campania and Basilicata, in Italy. Four V126-3.45 MW wind t...
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June 10, 2022
Vestas to supply turbines for 101 MW wind project in Sicily
ERG SpA has contracted Vestas Wind Systems for the supply of turbines for the 101 MW Mineo Militello Vizzini onshore wind farm project located in Sicily, Italy. The facility will be compri...
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