Plenitude, an Eni company based in Italy, has begun operations at the Golden Buckle Solar Project in Brazoria County, Texas. Built on 600 acres of land, the 263 MW solar facility has the ability to produce between 400 and 500 GWh of clean energy annually. Under a long-term power purchase agreement, Target will purchase the majority of the green electricity produced by the solar farm. In the presence of Mauro Lorenzini, the Italian consul general in Houston, Plenitude launched the Golden Buckle project.
Plenitude launched the Golden Buckle project in the presence of Mauro Lorenzini, the Consul General of Italy in Houston. With assistance from Novis Renewables, a collaboration between Eni New Energy US and Renantis North America, Plenitude built the Golden Buckle project. Renantis North America focuses solely on the development of solar, wind, and storage projects in the US. In the retail energy sector in Europe, Plenitude currently serves close to 10 million customers and aims to serve more than 11 million customers by 2025. The company also aims to become carbon neutral by 2040 and have installed capacity of more than 15 GW by 2030.
In December 2022, Plenitude agreed to pay an undisclosed price for a 100 per cent ownership in PLT, a company that develops and distributes renewable energy projects. PLT provides service to 90,000 retail customers in Italy and has a 1.6 GW renewable portfolio in Spain.