GreenYellow Wins 20-Year EaaS Deal for 11 MWp

Jul 17, 2026 08:20 AM ET

• GreenYellow inks a 20-year energy-as-a-service deal with GIVA to optimize 11 MWp of northern Italy solar, cutting costs and boosting reliability while supporting sustainability goals.

GreenYellow has signed a 20-year energy-as-a-service (EaaS) agreement with Italian steel products manufacturer GIVA to manage two existing self-consumption solar plants in northern Italy with a combined capacity of 11 MWp. The deal covers the operation and long-term performance of the installations at GIVA industrial sites.

Under the EaaS model, GreenYellow will optimize on-site renewable electricity generation to help reduce energy costs and improve power reliability for the manufacturer. The agreement reflects broader momentum in Europe for industrial rooftop and site-based solar, as companies seek energy independence and lower carbon emissions without assuming full responsibility for system management. The partnership also reinforces GreenYellow’s position in Italy’s commercial and industrial solar market while supporting GIVA’s sustainability targets.

How will GreenYellow’s 20-year EaaS manage GIVA’s 11 MWp solar plants in Italy?

• Scope of assets: GreenYellow’s 20-year EaaS contract covers day-to-day management and long-term upkeep of two GIVA rooftop/site solar installations in northern Italy, totaling 11 MWp.
  
• Ownership/role model: Under the EaaS arrangement, GreenYellow acts as the service provider for system performance (rather than GIVA taking on full technical and operational responsibility), aligning incentives around sustained output.
  
• Energy optimization for self-consumption: The service is designed to maximize the amount of electricity produced on-site and matched to GIVA’s operating profile, improving utilization of solar power within the industrial sites.
  
• Operational management (O&M): GreenYellow handles preventive and corrective maintenance, component inspection, inverter/system diagnostics, and performance troubleshooting to keep availability high over the full contract term.
• Performance monitoring and reporting: Continuous remote monitoring tracks production, plant health, and key performance indicators, with periodic performance updates provided to GIVA for operational and sustainability reporting.
  
• Forecasting and dispatch support: Power generation is managed using production forecasting and site consumption awareness to support smoother integration of solar generation with plant electricity demand.
  
• Electrical and safety compliance: The plants are operated within applicable Italian grid, safety, and technical standards, including scheduled checks of electrical protections, earthing, and compliance documentation.
  
• Grid-interaction management: Where applicable, GreenYellow coordinates operational settings and controls (e.g., curtailment response or grid-code related requirements) to maintain safe and compliant operation.
  
• Insurance and risk controls: The EaaS framework typically bundles operational risk management elements—such as reliability-focused maintenance practices—to reduce the likelihood of unplanned generation losses.
  
• Module/inverter lifecycle planning: Long-term management includes planning for component replacement/repowering cycles as equipment ages, helping protect output consistency across the contract horizon.
  
• Cleaning and asset upkeep: Site-based cleaning and vegetation/area management are coordinated as needed to prevent soiling and shading losses, especially during periods that affect yield.
  
• Data-driven efficiency improvements: Over time, GreenYellow can implement optimization measures (software tuning, control upgrades, or hardware refinements) when they are expected to improve energy yield.
  
• Metering and measurement: Measurement and validation of energy generation are used to ensure accurate settlement/verification consistent with the self-consumption setup at GIVA’s facilities.
• Sustainability and decarbonization support: The arrangement helps GIVA sustain progress toward emissions-reduction targets by maintaining solar output and providing structured performance evidence.