In 2019, Pioneer launched Sistema Rinnovabili (formerly SR Investimenti) to consolidate the Italian solar photovoltaic market by acquiring, optimising and operating small to medium-sized, ground-mounted solar photovoltaic plants. The Company also plans to target other emerging areas of the renewable market including large-scale grid parity projects and other advanced forms of renewable generation.

Sistema Rinnovabili is led by a team of sector veterans with a combined 30-year experience, having managed more than 1GW+ of solar capacity across Europe.

Sistema Rinnovabili is in the process of acquiring a 20MW portfolio and plans to grow its asset base to 100MW over the next few years.