NextEnergy Capital Expands Renewable Energy with 73MW AgriPV in Italy

Renewable energy is taking center stage in Italy as the country embraces agrivoltaics—a technology merging agricultural productivity and solar power generation. Recently, NextEnergy Capital (NEC), through its international fund NextPower V ESG (NPV ESG), acquired a groundbreaking 73MW agrivoltaics project in the Campania region of southern Italy.

This project stands as the nation’s largest agriPV initiative to date. It blends sustainability, innovation, and agricultural development.

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Supported by key organizations like Coldiretti and Legambiente, this milestone symbolizes a shift toward greener energy solutions. Italy’s role as a European leader in solar energy is being strengthened.

But what does this mean for travelers exploring Italy, particularly the Italian Riviera? Let’s dive in.

Italy’s Agrivoltaics Revolution: A Sustainable Feat

Spanning 140 hectares, this agrivoltaics project in Campania exemplifies how Italy is marrying technology with tradition. Remarkably, 70% of the land remains dedicated to agricultural practices while simultaneously generating solar power.

Italy’s largest agricultural association, Coldiretti, praises this dual-use approach. The environmental advocacy group Legambiente sees this as crucial for combating climate change and advancing green energy.

The Role of NextEnergy Capital and NPV ESG

NextEnergy Capital’s fund, NextPower V ESG, has been pivotal in driving solar power initiatives across Europe. With a committed capacity already reaching 670MW, this fund exemplifies how private-sector investments can propel sustainability projects forward.

The acquisition of the Campania project aligns with broader goals to expand renewable energy capacity to 5GW globally. Solar installations are becoming a hallmark of Italy’s energy strategy.

Why is Italy an Ideal Market for Solar Energy?

Italy’s abundant solar irradiance makes it an ideal location for renewable energy investments. The country also boasts strong infrastructure and regulatory support, as evidenced by its recent 20-year contract for difference (CfD) secured through the GME DM Agrivoltaico auction.

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From a traveler’s perspective, this commitment to sustainability enhances Italy’s already iconic landscapes. Agricultural fields, vineyards, and olive groves remain integral elements of the scenery.

Exploring the Italian Riviera: A Sustainable Twist

Now, let’s pivot to the Italian Riviera, a region synonymous with breathtaking coastlines and picturesque towns. While the Riviera hasn’t specifically hosted an agrivoltaics project like Campania’s, travelers visiting this vibrant area can observe how Italy’s commitment to sustainability complements its cultural heritage and landscapes.

Many towns on the Riviera benefit indirectly from greater access to clean energy as Italy expands its solar installations. The Italian Riviera stretches along Liguria’s coast, offering visitors a plethora of enchanting destinations.

Here are eight towns and cities to visit:

Genoa: As Liguria’s capital, Genoa combines historic charm with bustling city life. Explore its maritime heritage at the port and indulge in Ligurian pesto.
Portofino: Known for its luxurious harbor and pastel-colored buildings, Portofino is a must-visit for those seeking glamour and stunning views.
Camogli: A fishing village with a romantic atmosphere, Camogli offers striking waterfront panoramas and delicious seafood.
Cinque Terre: Comprising five stunning cliffside villages (Monterosso, Vernazza, Corniglia, Manarola, and Riomaggiore), Cinque Terre is famous for its hiking trails and picturesque landscapes.
Santa Margherita Ligure: Less crowded than Portofino yet equally captivating, this town boasts vibrant markets and seaside promenades.
Rapallo: Visit its historic castle and enjoy panoramic views of the bay alongside outdoor adventuring like hiking and biking.
Levanto: A gateway to Cinque Terre, Levanto offers beaches and a relaxed atmosphere for travelers seeking off-the-beaten-path experiences.
Sestri Levante: Famous for its “Bay of Silence,” Sestri Levante is ideal for those wanting a tranquil escape surrounded by crystal-clear waters.

A Future of Green Energy and Travel

The Italian Riviera stands as a testament to the nation’s cultural and environmental richness.

Recent renewable energy projects are emerging in regions like Campania.

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Their impact resonates across Italy, ensuring that beloved destinations like Genoa and Portofino remain pristine for generations.

Italy’s balance between innovation and tradition—seen in agrivoltaics and beyond—shows that sustainable development benefits both locals and visitors.

For travelers attracted to breathtaking landscapes, delectable food, and historic charm, Italy offers more than meets the eye.

Its pursuits in sustainability, spearheaded by initiatives such as NextEnergy Capital’s solar innovations, make exploration even more rewarding.

Whether wandering through the Riviera’s towns or basking in the countryside’s beauty, every step is supported by a greener, brighter future.

Here is the source article for this story: NextEnergy Capital acquires 73MW agriPV portfolio in Italy

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