Enel Green Power launches “Scelta Rinnovabile” (Renewable Choice), an online crowd funding initiative that allows all citizens to take part in the investment to build new renewable plants in Italy, in order to support the country’s energy transition towards more sustainable energy sources, directly involving the local areas that host the plants.
The project promotes the participation and involvement of local communities in the development of green energy and the country’s decarbonization process.
The program launched by Enel Green Power in Italy for the first time, with a financing initiative for the solar photovoltaic plant to be built in Poggio Renatico, in the province of Ferrara, Emilia-Romagna.
By taking part in the initiative and contributing to theonline crowdfunding, it is possible to receive financial returns over time. Enel Green Power’s goal is to share the benefits deriving from having a renewable plant in the area with local communities. Citizens living in municipalities where the Enel Green Power plant is built will have a period when, before anyone else, they will be able to join Scelta Rinnovabile and benefit from a more advantageous return rate on the funding.
Through the initiative, Enel Green Power intends to promote community awareness of their role as leaders in the energy transition, so they can directly benefit from the positive effects deriving from the use of renewable energy sources with large-scale projects.
The plant with a capacity of approximately 17 MW in the Emilia-Romagna municipality, will help avoid more than 11,000 tons of carbon dioxide (CO2) emissions being released into the atmosphere every year and guarantee a renewable electricity supply to more than 8,300 families.