Cero Generation reaches commercial operation on its first Italian solar project

• Cero Generation, established in February 2021, has now completed construction and reached commercial operation on its first Italian solar project
• Cero has one of Europe’s largest solar PV development portfolios with more than 370 projects under development
• Cero is a Green Investment Group (GIG) portfolio company operating on a stand-alone basis

Cero Generation (Cero) has today announced the successful completion of the construction and commissioning of its first solar PV project in Italy.

The project – Bolotana A – is strategically located in Sardinia’s Bolotana region and has an installed capacity of 5.75 MW.  The neighbouring Bolotana B project has an installed capacity of 9 MW and will also shortly commence construction.  These combined projects will generate enough renewable electricity to power the equivalent of over 9,000 homes and leading to the avoidance of around 8,500 tonnes CO2e per year.

As a specialist solar energy developer working across Europe to support the transition to a net-zero future, the commissioning of this initial project in Italy is a significant milestone for Cero.  The Bolotana solar projects in Sardinia form part of Cero’s wider Italian solar strategy which includes an existing development pipeline of a total of 1.5 GW, that will support Italy in meeting its solar PV target of over 50 GW by 2030.

“The Bolotana projects sit at the core of Cero’s ambition to become a leading solar development company across Europe. We are delighted to have reached energisation of this initial project, and to be bringing our expertise to support the production of solar energy in Italy.  With both the current size of our pipeline and our ambition to grow further in Italy, we expect to construct and deliver many more projects in the country in the coming years.”

Adrien Pinsard, interim CEO, Cero Generation

“We at Cero are proud to support Italy, Sardinia and Bolotana municipalities to achieve their national solar PV target of over 50GW installed capacity by 2030. Our first Italian projects will also support the region by providing jobs in the local area, demonstrating the positive role that renewable energy projects can play in supporting rural economies – providing jobs as well as affordable power for energy-intensive businesses.”

Federica Gallina, Development Director – Italy, Cero Generation

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About Cero Generation

Cero Generation is a leading renewables platform working across Europe to support the transition to a net-zero future, for this and every generation.

Active throughout the project lifecycle, from development through to construction and operations, Cero’s highly experienced team brings world-class industrial, commercial and technical expertise to its projects.

Cero’s development portfolio is one of the largest in Europe, covering utility-scale solar as well as integrated energy storage solutions. Cero works closely with local development partners and suppliers to deliver high-quality, high-performing assets.

Cero is an independent portfolio company of Macquarie’s Green Investment Group (GIG), operating on a stand-alone basis.