GreenIT, a joint venture between Plenitude and CDP Equity, commences production of 19 MW solar PV plants in Piedmont

Type: Partnership · Technology: Solar · Country: Italy · Capacity: 19 MW · Announced: 2026-09-08

GreenIT, a joint venture between Plenitude (51%) and CDP Equity (49%), has initiated the production of two photovoltaic parks in the provinces of Vercelli and Alessandria, with a combined installed capacity of 19 MW. These projects utilize approximately 32,000 high-efficiency bifacial photovoltaic modules installed on structures equipped with single-axis solar tracking systems. The plants were constructed on areas previously used for extractive activities, which have since been reclaimed and redeveloped. These facilities are projected to produce around 30 GWh of electricity annually. GreenIT also reports a pipeline of 300 MW of solar plants in advanced development, with an additional 30 MW in Campania and Piedmont expected to begin production by early 2027.

Analysis

GreenIT, a joint venture between Plenitude (51%) and CDP Equity (49%), commenced production of 19 MW of solar PV plants in Piedmont, Italy, on 2026-09-08. Plenitude, an Eni company, provides integrated energy solutions across Italy and Europe, while CDP Equity, the private equity arm of Italy's national promotional institution CDP, manages a portfolio valued at approximately €10 billion. The 19 MW projects, located in the provinces of Vercelli and Alessandria, utilize approximately 32,000 high-efficiency bifacial photovoltaic modules and are projected to produce around 30 GWh of electricity annually. GreenIT also reports a pipeline of 300 MW of solar plants in advanced development, with an additional 30 MW in Campania and Piedmont expected to begin production by early 2027.

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