Zelestra, a global multi-technology renewable energy provider, has signed bilateral contracts totaling 1.5 TWh under Italy’s Energy Release 2.0 mechanism, strengthening its role as a key clean energy partner to the country’s industrial sector.
Among the agreements, Zelestra has entered into a long-term contract with Burgo Group S.p.A., one of Europe’s leading producers of graphic and specialty papers, covering a total renewable electricity supply of 950 GWh.
The agreement will enable Burgo Group to access renewable power under stable and predictable conditions, reducing exposure to wholesale market volatility while supporting the decarbonisation of its industrial operations.
Luca Sassoli, CEO of Burgo Energia, said the partnership marks a strategic step in the company’s energy transition journey, allowing it to align energy supply with industrial objectives while accelerating emissions reduction.
Eliano Russo, CEO of Zelestra Italy, highlighted that Energy Release 2.0 serves as a bridge between renewable energy deployment and industrial competitiveness, enabling structured, long-term energy solutions for industrial customers.
The Energy Release 2.0 initiative, promoted by Gestore dei Servizi Energetici (GSE), aims to accelerate renewable capacity additions by linking industrial electricity demand with new generation assets. The framework supports structured contracts that enhance revenue visibility for developers while improving cost stability for energy-intensive industries.
Under this mechanism, Zelestra expects to drive further solar capacity development in Italy as part of its growth strategy in one of its fastest-expanding markets. The company currently operates as an integrated platform across development, construction, and operation of large-scale renewable energy projects, with a growing portfolio spanning solar and battery storage.
Zelestra aims to reach nearly 3 GW of total capacity in Italy by the end of 2026, reinforcing its commitment to accelerating renewable deployment while delivering stable, long-term energy solutions to industrial customers.
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