Fer X NZIA: GreenGo wins another 48 MWp. Contracted renewable capacity with state managed Cfd tariffs rises to 193 MW.
To date, the Bologna-based IPP has based the first phase of its growth on four state incentive mechanisms managed by GSE: FIT and CfD: FER 1, FER X transitional, AgriPV-PNRR and now also FER X NZIA.
Bologna, 11 December 2025 - GreenGo consolidates its position as an Independent Power Producer with the award of a new 48.05MW tracking photovoltaic plant in the Trapani area with a tariff of €70/MWh granted by the GSE's FER X NZIA tender outcomes and will be equipped with European technology main components of the highest standing.
These new assignments follow GreenGo's success in the transitional DM FER X, in which the company had already been awarded 101 MWp: to date, 193 MW of wind and photovoltaic plants will benefit from public support schemes managed by the GSE with an average portfolio tariff among the highest in the Italian energy transition market.
In the last round of FER X NZIA, GreenGo was awarded 3.3% of the capacity allocated by the GSE (1.1GW).
"Competition on incentive and FIT mechanisms is increasingly fierce. Our premium bidding strategy has been at the top end of the FER X tenders, ensuring attractive returns to our investments and easily securing their bankability," says Giuseppe Mastropieri, CEO of GreenGo. "We are at an advanced stage of designing the implementation of a national 'sustainable impact investing' initiative for Energy Release 2.0, aggregating a portion of Italy's large electricity intensive consumers with the aim of increasing the renewable capacity benefiting from public support schemes for the sale of electricity."
The GSE auction outcome is part of the broader path outlined by GreenGo, which envisages the implementation of the first generation of IPP plants as early as next year and a gradual entry into production with assets distributed across various Italian regions: the first two plants have been completed and commissioning and connection to the electricity grid are currently underway.
This is accompanied by a growing commitment to storage systems, where GreenGo boasts a package of 250 MW of RTB plants for which hybrid regulated-market based business models are envisaged: the company is also selectively expanding its presence in BESS and hybrid photovoltaic-battery projects, with the aim of increasing stability, flexibility and industrial value in the long term.
This industrial platform, which has a project pipeline of 1.3 GW, an authorisation success rate of over 90% and an organic and inorganic growth model capable of supporting the scalability of the IPP model through both public support schemes and advanced energy management solutions and private mid-to-long term commercial partnerships.